Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the Netherlands - 2023
Contents:
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the Netherlands (FOB) - 2023
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the Netherlands (CIF) - 2023
- Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the Netherlands
- Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the Netherlands
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the Netherlands (FOB) - 2023
In July 2023, the average export price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s amounted to $1,777 per ton, shrinking by -6.6% against the previous month. In general, the export price showed a noticeable slump. The most prominent rate of growth was recorded in May 2023 an increase of 7.4% against the previous month. Over the period under review, the average export prices hit record highs at $3,046 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Germany ($2,710 per ton), while the average price for exports to Belgium ($1,591 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 the UK (+3.7%), while the prices for the other major destinations experienced a decline.
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the Netherlands (CIF) - 2023
The average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s stood at $2,858 per ton in July 2023, reducing by -4% against the previous month. Overall, the import price, however, recorded a pronounced expansion. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 1,326% month-to-month. As a result, import price attained the peak level of $29,510 per ton. From May 2023 to July 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Belgium ($3,004 per ton), while the price for Germany ($2,822 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Estonia (+5.9%), 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 Netherlands
After three years of growth, overseas shipments of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s decreased by -45.7% to 56K tons in 2022. Over the period under review, exports saw a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 12% against the previous year. As a result, the exports reached the peak of 104K tons, and then dropped significantly in the following year.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) exports fell rapidly to $176M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.7% 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 +39.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 76% against the previous year. As a result, the exports attained the peak of $223M, and then reduced dramatically in the following year.
Export of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 59.6 | 41.0 | 103 | 79.4 | 10.0% |
Germany | 7.0 | 12.3 | 19.4 | 27.2 | 57.2% |
Belgium | 10.3 | 13.3 | 35.3 | 26.8 | 37.5% |
Switzerland | 10.4 | 11.0 | 8.6 | 14.5 | 11.7% |
Turkey | 4.8 | 5.4 | 14.1 | 9.4 | 25.1% |
Spain | N/A | N/A | 9.1 | 9.1 | 0.0% |
Mexico | N/A | N/A | N/A | 4.7 | 0% |
South Korea | 8.7 | 4.2 | 1.8 | N/A | -54.5% |
China | N/A | 8.2 | 5.1 | N/A | -37.8% |
Indonesia | 10.8 | 4.9 | 7.8 | N/A | -15.0% |
Taiwan (Chinese) | 13.7 | 17.8 | 5.0 | N/A | -39.6% |
Saudi Arabia | 17.6 | N/A | N/A | N/A | 0% |
Others | 6.1 | 8.5 | 14.3 | 5.1 | -5.8% |
Total | 149 | 127 | 223 | 176 | 5.7% |
Top Export Markets for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) from the Netherlands in 2022:
- Italy (26.8K tons)
- Belgium (8.9K tons)
- Germany (7.9K tons)
- Switzerland (4.6K tons)
- Turkey (3.3K tons)
- Spain (2.4K tons)
- Mexico (1.3K tons)
Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the Netherlands
Heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports into the Netherlands surged to 12K tons in 2022, picking up by 44% on 2021 figures. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 123% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports expanded rapidly to $23M in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 295% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 7.3 | 4.2 | 12.1 | 15.8 | 29.4% |
Belgium | N/A | N/A | 9.5 | 5.1 | -46.3% |
Spain | N/A | N/A | N/A | 0.6 | 0% |
Czech Republic | 0.7 | 1.1 | N/A | N/A | 57.1% |
Others | 0.1 | 0.1 | 0.1 | 1.2 | 128.9% |
Total | 8.0 | 5.5 | 21.7 | 22.8 | 41.8% |
Top Suppliers of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) to the Netherlands in 2022:
- Czech Republic (undefinedK tons)
- Germany (8.1K tons)
- Belgium (2.6K tons)
- Spain (0.3K tons)
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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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