Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Singapore - 2022
Contents:
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Singapore (CIF) - 2022
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Singapore (FOB) - 2022
- Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Singapore
- Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Singapore
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Singapore (CIF) - 2022
In 2022, the average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s amounted to $4,441 per ton, picking up by 7.9% against the previous year. Over the period under review, the import price saw a temperate increase. The pace of growth was the most pronounced in 2014 an increase of 230% against the previous year. As a result, import price reached the peak level of $12,206 per ton. From 2015 to 2022, the average import prices remained 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 United States ($25,839 per ton), while the price for Belgium ($2,254 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+700.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Singapore (FOB) - 2022
The average export price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $5,994 per ton in 2022, with a decrease of -8.5% against the previous year. Over the period under review, the export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 231% against the previous year. The export price peaked at $6,548 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($17,033 per ton), while the average price for exports to Indonesia ($2,617 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 Hong Kong SAR (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Singapore
In 2022, purchases abroad of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s decreased by -96.8% to 16 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 708% against the previous year. As a result, imports attained the peak of 499 tons, and then fell significantly in the following year.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports dropped sharply to $71K in 2022. Overall, imports recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 371% against the previous year. As a result, imports attained the peak of $2.1M, and then dropped notably in the following year.
Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 84.7 | 209 | 961 | 29.3 | -29.8% |
India | 16.9 | 68.5 | 426 | 17.6 | 1.4% |
United States | 3.0 | 65.8 | 201 | 6.9 | 32.0% |
Netherlands | 6.0 | 19.9 | 124 | 5.1 | -5.3% |
Thailand | 6.7 | 17.5 | 106 | 3.7 | -18.0% |
Others | 11.1 | 55.3 | 235 | 8.1 | -10.0% |
Total | 128 | 436 | 2,052 | 70.6 | -18.0% |
Top Suppliers of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) to Singapore in 2022:
- Belgium (13.0 tons)
- India (1.0 tons)
- Netherlands (0.8 tons)
- Thailand (0.5 tons)
- United States (0.3 tons)
Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Singapore
In 2022, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) exports from Singapore fell rapidly to 3 tons, reducing by -38.7% on 2021 figures. Over the period under review, exports faced a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 365%.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) exports reduced notably to $18K in 2022. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 717%. As a result, the exports attained the peak of $32K, and then shrank markedly in the following year.
Export of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 25.1 | 3.3 | 26.6 | 14.9 | -16.0% |
Hong Kong SAR | 3.5 | 0.5 | 4.5 | 2.7 | -8.3% |
Indonesia | 0.4 | N/A | N/A | 0.1 | -37.0% |
Others | 1.2 | 0.2 | 1.3 | 0.5 | -25.3% |
Total | 30.2 | 4.0 | 32.4 | 18.2 | -15.5% |
Top Export Markets for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) from Singapore in 2022:
- India (2622.0 kg)
- Hong Kong SAR (310.0 kg)
- Indonesia (47.0 kg)
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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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