Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in South Korea - 2022
Contents:
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in South Korea (FOB) - 2022
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in South Korea (CIF) - 2022
- Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in South Korea
- Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in South Korea
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in South Korea (FOB) - 2022
The average export price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $1,653 per ton in 2022, which is down by -12.6% against the previous year. Overall, the export price showed a pronounced descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 53%. Over the period under review, the average export prices reached the peak figure at $2,514 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($2,033 per ton), while the average price for exports to India ($1,603 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 Thailand (+18.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in South Korea (CIF) - 2022
The average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $1,431 per ton in 2022, with a decrease of -17.1% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of 47%. The import price peaked at $2,590 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($5,135 per ton), while the price for Germany ($1,189 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+7.1%), while the prices for the other major suppliers experienced a decline.
Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in South Korea
For the third year in a row, South Korea recorded decline in shipments abroad of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s, which decreased by -4.3% to 40K tons in 2022. Overall, exports showed a perceptible slump. The smallest decline of -2.2% was in 2020.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) exports fell remarkably to $66M in 2022. In general, exports saw a mild decline. The pace of growth was the most pronounced in 2021 with an increase of 49%. As a result, the exports reached the peak of $78M, and then dropped remarkably in the following year.
| Export of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 54.8 | 30.8 | 69.1 | 57.9 | 1.9% |
| China | N/A | 16.7 | 3.1 | 5.5 | -42.6% |
| Saudi Arabia | 12.4 | N/A | 1.9 | N/A | -60.9% |
| Others | 1.4 | 5.2 | 4.2 | 2.2 | 16.3% |
| Total | 68.6 | 52.7 | 78.4 | 65.6 | -1.5% |
Top Export Markets for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) from South Korea in 2022:
- India (36.1K tons)
- China (2.7K tons)
Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in South Korea
Heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports into South Korea expanded notably to 21K tons in 2022, with an increase of 7.3% on the previous year's figure. Overall, imports, however, recorded a noticeable shrinkage.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports reduced to $30M in 2022. In general, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year.
| Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 12.0 | 15.2 | 21.5 | 19.0 | 16.6% |
| Netherlands | 10.4 | 3.6 | 1.7 | 4.0 | -27.3% |
| Spain | 5.9 | 1.0 | 4.4 | 3.8 | -13.6% |
| Germany | 6.1 | 4.8 | 1.0 | 3.0 | -21.1% |
| Others | 1.3 | 1.7 | 5.1 | N/A | 98.1% |
| Total | 35.7 | 26.2 | 33.5 | 29.9 | -5.7% |
Top Suppliers of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) to South Korea in 2022:
- Belgium (12.9K tons)
- Netherlands (3.0K tons)
- Germany (2.5K tons)
- Spain (2.4K tons)
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