Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hungary - 2023
Contents:
- Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hungary (CIF) - 2023
- Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hungary (FOB) - 2022
- Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hungary
- Exports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hungary
Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hungary (CIF) - 2023
In December 2023, the average import price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s amounted to $7,932 per ton, picking up by 66% against the previous month. Overall, import price indicated a notable increase from December 2022 to December 2023: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s increased by +71.6% against October 2023 indices. The import price peaked at $8,482 per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($109K per ton), while the price for China ($2,259 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+25.2%), while the prices for the other major suppliers experienced a decline.
Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hungary (FOB) - 2022
In 2022, the average export price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s amounted to $650,040 per ton, increasing by 38% against the previous year. In general, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 5,390% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($2,189,972 per ton), while the average price for exports to Russia ($60,000 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 Poland (+353.7%), 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 Hungary
In 2022, after three years of growth, there was significant decline in purchases abroad of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s, when their volume decreased by -15.8% to 4.8K tons. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 112% against the previous year. As a result, imports attained the peak of 5.6K tons, and then contracted remarkably in the following year.
In value terms, imports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s surged to $48M in 2022. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 56% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.7 | 5.3 | 18.7 | 27.0 | 115.4% |
| China | 0.6 | 4.5 | 2.1 | 9.7 | 152.9% |
| India | 5.1 | 8.5 | 6.4 | 6.0 | 5.6% |
| Poland | 1.6 | 1.0 | 0.5 | 2.0 | 7.7% |
| Belgium | N/A | 0.5 | 2.9 | 1.7 | 84.4% |
| Netherlands | N/A | N/A | 0.4 | 0.8 | 100.0% |
| South Korea | 2.7 | N/A | 0.1 | N/A | -80.8% |
| Malaysia | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Others | 0.7 | 1.0 | 1.2 | 1.1 | 16.3% |
| Total | 13.5 | 21.1 | 32.4 | 48.4 | 53.1% |
Top Suppliers of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) to Hungary in 2022:
- Germany (3332.2 tons)
- China (719.9 tons)
- Belgium (239.8 tons)
- India (234.4 tons)
- Netherlands (121.9 tons)
- Poland (77.3 tons)
Exports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hungary
For the third year in a row, Hungary recorded decline in shipments abroad of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s, which decreased by -48.4% to 4.2 tons in 2022. In general, exports continue to indicate a dramatic decrease. The smallest decline of -28% was in 2021.
In value terms, exports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s shrank notably to $2.7M in 2022. Over the period under review, exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by 66%. As a result, the exports reached the peak of $3.8M, and then declined significantly in the following year.
| Export of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 1,429 | 1,299 | 1,449 | 1,004 | -11.1% |
| Poland | 5.9 | N/A | N/A | 820 | 418.0% |
| Netherlands | N/A | N/A | N/A | 633 | 0% |
| Germany | N/A | N/A | 52.2 | 112 | 114.6% |
| United States | N/A | N/A | 261 | 100 | -61.7% |
| Ukraine | N/A | N/A | 60.2 | 31.8 | -47.2% |
| Others | 152 | 1,004 | 2,000 | 9.9 | -59.8% |
| Total | 1,586 | 2,304 | 3,823 | 2,711 | 19.6% |
Top Export Markets for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) from Hungary in 2022:
- Poland (2597.0 kg)
- Romania (943.0 kg)
- Netherlands (289.0 kg)
- Ukraine (136.0 kg)
- Germany (105.0 kg)
- United States (94.0 kg)
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