Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Sri Lanka - 2022

Contents:

  1. Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Sri Lanka (CIF) - 2022
  2. Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Sri Lanka

Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Sri Lanka (CIF) - 2022

In 2022, the average import price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s amounted to $9,017 per ton, growing by 6.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 47%. Over the period under review, average import prices attained the peak figure at $9,481 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($76,176 per ton), while the price for India ($4,796 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Sri Lanka

In 2022, the amount of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s imported into Sri Lanka fell dramatically to 594 kg, which is down by -94.7% compared with the year before. In general, imports recorded a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 434%. As a result, imports attained the peak of 11 tons, and then reduced notably in the following year.

In value terms, imports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s contracted dramatically to $5.4K in 2022. Overall, imports showed a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 468%. As a result, imports attained the peak of $96K, and then dropped significantly in the following year.

Import of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea0.20.20.61.595.7%
United States0.80.74.01.317.6%
Japan1.52.510.51.1-9.8%
India6.82.63.00.5-58.1%
Singapore12.24.823.60.4-68.0%
Hungary0.90.70.90.3-30.7%
China2.80.53.8N/A16.5%
United Arab Emirates0.60.30.5N/A-8.7%
GermanyN/A0.31.3N/A333.3%
Brazil3.11.84.4N/A19.1%
Others1.12.642.90.2-43.3%
Total30.116.895.55.4-43.6%

Top Suppliers of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) to Sri Lanka in 2022:

  1. South Korea (200.0 kg)
  2. Japan (180.0 kg)
  3. India (98.0 kg)
  4. Singapore (57.0 kg)
  5. Hungary (35.0 kg)
  6. United States (17.0 kg)

Source: IndexBox Market Intelligence Platform

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