Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in India - 2023

Contents:

  1. Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in India (CIF) - 2022
  2. Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in India (FOB) - 2022
  3. Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in India
  4. Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in India

Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in India (CIF) - 2022

The average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $2,193 per ton in 2022, rising by 12% against the previous year. In general, the import price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2021 an increase of 63% against the previous year. Over the period under review, average import prices attained the peak figure at $2,587 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($2,334 per ton) and Thailand ($2,239 per ton), while the price for Belgium ($1,811 per ton) and the United States ($1,834 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in India (FOB) - 2022

The average export price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $2,172 per ton in 2022, jumping by 876% against the previous year. Overall, the export price, however, continues to indicate a perceptible contraction. The export price peaked at $12,319 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($4,677 per ton), while the average price for exports to Indonesia ($1,422 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+6.8%), while the prices for the other major destinations experienced a decline.

Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in India

Heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports into India dropped rapidly to 29K tons in 2022, falling by -61.1% on the previous year. Overall, imports saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of 74K tons, and then declined sharply in the following year.

In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports reduced sharply to $63M in 2022. Over the period under review, imports faced a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 125%. As a result, imports reached the peak of $144M, and then declined notably in the following year.

Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea58.528.872.831.8-18.4%
Russia24.314.329.212.8-19.2%
Thailand5.35.512.25.40.6%
Belgium11.58.710.34.5-26.9%
Poland9.94.39.14.0-26.1%
Netherlands0.80.33.41.523.3%
United States1.30.33.51.54.9%
Others1.31.63.01.30.0%
Total11363.914462.8-17.8%

Top Suppliers of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) to India in 2022:

  1. South Korea (13.6K tons)
  2. Russia (5.9K tons)
  3. Belgium (2.5K tons)
  4. Thailand (2.4K tons)
  5. Poland (1.9K tons)
  6. Netherlands (0.8K tons)
  7. United States (0.8K tons)

Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in India

In 2022, overseas shipments of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s decreased by -99.1% to 55 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a significant curtailment. The growth pace was the most rapid in 2020 when exports increased by 2,112%. As a result, the exports reached the peak of 6.2K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) exports declined sharply to $119K in 2022. In general, exports showed a sharp slump. The pace of growth was the most pronounced in 2020 when exports increased by 1,219% against the previous year. As a result, the exports reached the peak of $5.8M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia33430.014.573.4-39.7%
Indonesia40.410.667.539.9-0.4%
Bangladesh25.31.70.15.2-41.0%
SpainN/A32.11,248N/A3787.9%
ChinaN/A5,622N/AN/A0%
Others40.71124.7N/A-66.0%
Total4415,8091,335119-35.4%

Top Export Markets for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) from India in 2022:

  1. Indonesia (28.0 tons)
  2. Saudi Arabia (25.4 tons)
  3. Bangladesh (1.1 tons)

Source: IndexBox Market Intelligence Platform

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