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

Contents:

  1. Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Canada (CIF) - 2023
  2. Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Canada (FOB) - 2022
  3. Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Canada
  4. Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Canada

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

In June 2023, the average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s amounted to $2,268 per ton, remaining relatively unchanged against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 when the average import price increased by 18% m-o-m. Over the period under review, average import prices attained the peak figure at $3,042 per ton in September 2022; however, from October 2022 to June 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -0.4% per month.

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

The average export price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $1,532 per ton in 2022, growing by 2.5% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 32% against the previous year. As a result, the export price reached the peak level of $3,069 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -4.1% per year.

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

Heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports into Canada reduced modestly to 18K tons in 2022, falling by -3.6% compared with the year before. The total import volume increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports reached the peak of 19K tons, and then contracted modestly in the following year.

In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports expanded notably to $46M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States29.625.942.546.316.1%
OthersN/AN/AN/AN/A0%
Total29.625.942.546.316.1%

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

  1. United States (18.1K tons)

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

In 2022, approx. 51 tons of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s were exported from Canada; therefore, remained relatively stable against the previous year. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 287% against the previous year. As a result, the exports reached the peak of 51 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) exports reached $78K in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 269%. As a result, the exports attained the peak of $80K. 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 Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.738.014.577.493.4%
BelgiumN/AN/A11.6N/A0%
GermanyN/A41.717.1N/A-59.0%
Taiwan (Chinese)10.8N/AN/AN/A0%
Others0.1N/A32.50.344.2%
Total21.679.675.777.753.2%

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

  1. United States (50.6 tons)

Source: IndexBox Market Intelligence Platform

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