Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the United States - 2023
Contents:
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the United States (FOB) - 2023
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the United States (CIF) - 2022
- Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the United States
- Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the United States
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the United States (FOB) - 2023
In August 2023, the average export price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s amounted to $1,046 per ton, dropping by -14.5% against the previous month. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 4.4% against the previous month. The export price peaked at $3,079 per ton in September 2022; however, from October 2022 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($2,228 per ton), while the average price for exports to Saudi Arabia ($740 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+60.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the United States (CIF) - 2022
The average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $2,730 per ton in 2022, growing by 16% against the previous year. In general, the import price, however, showed a slight setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 47%. The import price peaked at $3,150 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 the Netherlands ($4,001 per ton), while the price for Japan ($1,558 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the United States
In 2022, overseas shipments of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s decreased by -32.1% to 21K tons, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2020 when exports increased by 79%. As a result, the exports attained the peak of 62K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) exports fell markedly to $53M in 2022. Over the period under review, exports recorded a pronounced reduction. The growth pace was the most rapid in 2020 when exports increased by 30%. As a result, the exports reached the peak of $75M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 30.1 | 26.4 | 43.2 | 47.0 | 16.0% |
| Germany | 0.8 | N/A | N/A | 2.8 | 51.8% |
| Colombia | 4.8 | 3.0 | 8.1 | 1.5 | -32.1% |
| Turkey | N/A | N/A | 1.5 | 1.2 | -20.0% |
| Ecuador | 2.4 | 0.5 | N/A | N/A | -79.2% |
| China | 15.1 | 25.2 | 4.4 | N/A | -46.0% |
| Slovenia | 1.6 | 6.0 | N/A | N/A | 275.0% |
| Taiwan (Chinese) | 1.3 | 9.5 | 2.0 | N/A | 24.0% |
| Others | 1.8 | 4.6 | 5.6 | 1.0 | -17.8% |
| Total | 57.9 | 75.2 | 64.9 | 53.5 | -2.6% |
Top Export Markets for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) from the United States in 2022:
- Canada (18.1K tons)
- Germany (1.5K tons)
- Colombia (0.7K tons)
- Turkey (0.5K tons)
Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the United States
For the third year in a row, the United States recorded decline in purchases abroad of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s, which decreased by -52.3% to 3.1K tons in 2022. Overall, imports continue to indicate a dramatic slump. The smallest decline of -42.1% was in 2021.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports shrank sharply to $8.4M in 2022. In general, imports recorded a significant curtailment. The smallest decline of -23.1% was in 2021.
| Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.0 | 2.2 | 3.3 | 4.3 | 12.7% |
| South Korea | N/A | N/A | N/A | 1.8 | 0% |
| Mexico | 38.0 | 14.2 | 11.3 | 1.5 | -66.0% |
| Germany | 0.5 | 0.3 | 0.2 | 0.3 | -15.7% |
| Netherlands | 3.0 | 2.3 | N/A | 0.2 | -59.5% |
| Japan | 0.5 | 0.5 | 0.3 | 0.2 | -26.3% |
| Others | 0.3 | 0.1 | N/A | 0.1 | -30.7% |
| Total | 45.3 | 19.6 | 15.1 | 8.4 | -43.0% |
Top Suppliers of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) to the United States in 2022:
- Belgium (1637.5 tons)
- Mexico (623.8 tons)
- South Korea (521.9 tons)
- Japan (122.1 tons)
- Germany (89.3 tons)
- Netherlands (40.0 tons)
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