Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Thailand - 2023
Contents:
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Thailand (FOB) - 2023
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Thailand (CIF) - 2022
- Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Thailand
- Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Thailand
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Thailand (FOB) - 2023
The average export price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $1,560 per ton in September 2023, rising by 3.9% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 4.9% month-to-month. Over the period under review, the average export prices hit record highs at $1,720 per ton in November 2022; however, from December 2022 to September 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Indonesia ($1,593 per ton), while the average price for exports to Lao People's Democratic Republic ($290 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+8.3%), while the prices for the other major destinations experienced a decline.
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Thailand (CIF) - 2022
The average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $1,343 per ton in 2022, which is down by -22.8% against the previous year. Over the period under review, the import price saw a pronounced descent. The pace of growth appeared the most rapid in 2017 an increase of 46%. Over the period under review, average import prices hit record highs at $2,424 per ton in 2013; however, from 2014 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 Belgium ($2,664 per ton), while the price for Japan totaled $1,280 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Thailand
Heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) exports from Thailand rose slightly to 37K tons in 2022, surging by 1.9% compared with 2021 figures. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, the exports attained the peak of 38K 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 shrank significantly to $55M in 2022. Overall, exports, however, showed a mild reduction. The growth pace was the most rapid in 2021 with an increase of 67%. As a result, the exports attained the peak of $68M, and then dropped notably in the following year.
Export of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 37.3 | 18.4 | 28.8 | 23.2 | -14.6% |
Taiwan (Chinese) | 7.2 | 8.9 | 15.6 | 12.5 | 20.2% |
India | 4.5 | 5.2 | 11.9 | 9.5 | 28.3% |
China | 5.3 | 5.2 | 6.1 | 4.9 | -2.6% |
Indonesia | 2.6 | 3.1 | 5.7 | 4.6 | 20.9% |
Others | 0.2 | 0.1 | 0.3 | N/A | 22.5% |
Total | 57.1 | 41.0 | 68.4 | 54.7 | -1.4% |
Top Export Markets for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) from Thailand in 2022:
- Vietnam (16.9K tons)
- Taiwan (Chinese) (8.0K tons)
- India (6.1K tons)
- China (3.5K tons)
- Indonesia (2.9K tons)
Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Thailand
In 2022, after two years of decline, there was significant growth in purchases abroad of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s, when their volume increased by 114% to 953 tons. Over the period under review, imports, however, showed a sharp shrinkage.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports surged to $1.3M in 2022. In general, imports, however, recorded a dramatic contraction.
Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 10.4 | 1.4 | 0.5 | 1.2 | -51.3% |
Belgium | 0.8 | 0.3 | 0.2 | 0.1 | -50.0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 11.2 | 1.8 | 0.8 | 1.3 | -51.2% |
Top Suppliers of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) to Thailand in 2022:
- Japan (909.9 tons)
- Belgium (43.2 tons)
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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.
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