Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in the United States - 2023
Contents:
- Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in the United States (CIF) - 2022
- Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in the United States (FOB) - 2023
- Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in the United States
- Exports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in the United States
Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in the United States (CIF) - 2022
The average import price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s stood at $264,201 per ton in 2022, waning by -26% against the previous year. In general, the import price saw a mild setback. The pace of growth was the most pronounced in 2018 when the average import price increased by 39%. As a result, import price attained the peak level of $374,470 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($3,584,191 per ton), while the price for India ($16,912 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+49.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in the United States (FOB) - 2023
The average export price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s stood at $79,629 per ton in December 2023, with an increase of 175% against the previous month. Overall, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in November 2023 an increase of 645% month-to-month. The export price peaked in December 2023.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Taiwan (Chinese) ($11,882 per ton), while the average price for exports to Belgium ($2,304 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in the United States
Imports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s into the United States skyrocketed to 18K tons in 2022, with an increase of 119% on 2021. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s skyrocketed to $4.9B in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 1,087 | 1,789 | 1,046 | 3,469 | 47.2% |
Switzerland | 1,674 | 1,291 | 1,646 | 1,056 | -14.2% |
China | 21.8 | 42.5 | 58.1 | 129 | 80.9% |
Belgium | 36.7 | 84.3 | 79.3 | 86.6 | 33.1% |
India | 23.0 | 32.1 | 23.4 | 19.6 | -5.2% |
Germany | 11.2 | 20.9 | 17.3 | 14.0 | 7.7% |
Japan | 11.8 | 5.5 | 7.4 | 9.1 | -8.3% |
Others | 140 | 161 | 122 | 87.2 | -14.6% |
Total | 3,006 | 3,427 | 3,000 | 4,870 | 17.4% |
Top Suppliers of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) to the United States in 2022:
- Ireland (13.7K tons)
- China (2.4K tons)
- India (1.2K tons)
- Switzerland (0.3K tons)
- Japan (0.2K tons)
- Belgium (0.2K tons)
Exports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in the United States
In 2022, after three years of growth, there was significant decline in overseas shipments of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s, when their volume decreased by -30.8% to 30K tons. Over the period under review, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of 43K tons, and then shrank rapidly in the following year.
In value terms, exports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s declined to $147M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of $169M, and then dropped in the following year.
Export of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 19.8 | 23.0 | 45.5 | 24.3 | 7.1% |
South Korea | 11.1 | 10.9 | 16.4 | 22.9 | 27.3% |
Taiwan (Chinese) | 18.1 | 19.0 | 19.8 | 22.0 | 6.7% |
China | 12.2 | 12.6 | 16.4 | 16.5 | 10.6% |
Japan | 10.4 | 10.4 | 13.4 | 16.0 | 15.4% |
Mexico | 4.0 | 3.5 | 5.6 | 8.0 | 26.0% |
Brazil | 2.6 | 3.7 | 6.2 | 7.2 | 40.4% |
Others | 41.6 | 29.2 | 45.5 | 30.4 | -9.9% |
Total | 120 | 112 | 169 | 147 | 7.0% |
Top Export Markets for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) from the United States in 2022:
- Belgium (8.4K tons)
- Taiwan (Chinese) (5.4K tons)
- South Korea (4.2K tons)
- Japan (3.0K tons)
- China (2.5K tons)
- Brazil (1.4K tons)
- Mexico (1.4K tons)
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In value terms, heterocyclic compound imports fell notably to $146M in April 2023.
In July 2022, the melamine price per ton stood at $3,564, picking up by 12% against the previous month.
In June 2022, the melamine price per tonstood at $3,182 per ton, shrinking by -10.1% against the previous month.
In May 2022, the melamine price per ton amounted to $3,540 per ton, growing by 7.2% against the previous month.
Imports of the Hydantoin declined sharply from March 2023 to December 2023, with its value dropping to $569K in December 2023.
In November 2022, the hydantoin price amounted to $9,810 per ton (CIF, US), dropping by -22% against the previous month.
Explore the top import markets for lactam in the world based on data from the IndexBox market intelligence platform. Learn about the key statistics and import values of countries such as Germany, Ireland, and the United States.
From 2010 to 2020, Germany boosted purchases abroad by thirteen times, from $0.5B to $6.8B, and became the world's leading lactam importer in value terms. The U.S. ($3.4B) and Italy ($1.4B) followed Germany. Most lactam supplies come to the global market from Belgium ($1.7B), Japan ($303M) and China ($367M), which became the fastest-growing lactam exporter in the past decade.
In 2016, the global imports of compound amounted to X tons, going down by -X% against the previous year figure. In general, compound imports continue to indicate a slight decline. The pace of ...
In 2016, the global compound exports stood at X tons, coming down by -X% against the previous year level. In general, compound exports continue to indicate a relatively flat trend pattern. The ...