Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Japan - 2023
Contents:
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Japan (FOB) - 2023
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Japan (CIF) - 2022
- Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Japan
- Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Japan
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Japan (FOB) - 2023
The average export price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $1,362 per ton in July 2023, growing by 3.8% against the previous month. Overall, the export price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 11% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,897 per ton in August 2022; however, from September 2022 to July 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In July 2023, the country with the highest price was China ($1,779 per ton), while the average price for exports to Indonesia ($1,329 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-2.4%), while the prices for the other major destinations experienced a decline.
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Japan (CIF) - 2022
In 2022, the average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s amounted to $1,128 per ton, shrinking by -22.6% against the previous year. Over the period under review, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 56%. Over the period under review, average import prices hit record highs at $2,406 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -8.1% per year.
Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Japan
In 2022, overseas shipments of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s decreased by -3.1% to 86K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2020 with an increase of 3.7% against the previous year. As a result, the exports attained the peak of 98K 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 rose modestly to $156M in 2022. Overall, total exports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 61.5 | 75.3 | 102 | 103 | 18.8% |
| Indonesia | 10.1 | 6.6 | 18.2 | 18.4 | 22.1% |
| China | 20.8 | 15.1 | 13.6 | 16.1 | -8.2% |
| Vietnam | 1.6 | 2.7 | 12.8 | 12.9 | 100.5% |
| Thailand | 11.1 | 0.9 | 4.3 | 5.3 | -21.8% |
| Saudi Arabia | 36.4 | N/A | 0.9 | N/A | -84.3% |
| Others | 0.6 | 2.9 | 1.8 | 0.4 | -12.6% |
| Total | 142 | 103 | 154 | 156 | 3.2% |
Top Export Markets for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) from Japan in 2022:
- Taiwan (Chinese) (54.3K tons)
- China (10.7K tons)
- Indonesia (10.1K tons)
- Vietnam (6.9K tons)
- Thailand (3.9K tons)
Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Japan
In 2022, approx. 2.4K tons of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s were imported into Japan; growing by 27% compared with the year before. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.4% 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 +70.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 63%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports contracted modestly to $2.7M in 2022. The total import value increased at an average annual rate of +12.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 39%.
| Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,331 | 10.4 | 150 | 2,708 | 26.7% |
| Spain | N/A | 2,643 | N/A | N/A | 0% |
| Thailand | N/A | N/A | 95.8 | N/A | 0% |
| Belgium | N/A | N/A | 89.9 | N/A | 0% |
| Taiwan (Chinese) | 559 | N/A | N/A | N/A | 0% |
| Others | 15.0 | N/A | 2,427 | N/A | 1172.0% |
| Total | 1,906 | 2,653 | 2,763 | 2,708 | 12.4% |
Top Suppliers of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) to Japan in 2022:
- Germany (2.4K tons)
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