Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Japan - 2023
Contents:
- Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Japan (CIF) - 2022
- Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Japan (FOB) - 2022
- Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Japan
- Exports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Japan
Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Japan (CIF) - 2022
The average import price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s stood at $14,791 per ton in 2022, reducing by -21.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 26% against the previous year. The import price peaked at $21,040 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Singapore ($51,478 per ton), while the price for the United States ($5,514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Japan (FOB) - 2022
The average export price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s stood at $13,253 per ton in 2022, increasing by 14% against the previous year. Overall, the export price, however, saw a deep setback. The growth pace was the most rapid in 2020 an increase of 18%. The export price peaked at $26,696 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($33,989 per ton), while the average price for exports to Switzerland ($5,386 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 South Korea (+6.7%), while the prices for the other major destinations experienced a decline.
Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Japan
In 2022, approx. 21K tons of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s were imported into Japan; rising by 18% compared with the year before. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 23%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s declined to $307M in 2022. Overall, imports, however, saw a noticeable contraction. The growth pace was the most rapid in 2021 when imports increased by 9.5%.
| Import of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 48.4 | 50.2 | 72.2 | 92.1 | 23.9% |
| Italy | 15.1 | 16.2 | 26.7 | 32.7 | 29.4% |
| South Korea | 23.7 | 23.6 | 25.4 | 27.4 | 5.0% |
| United States | 19.2 | 16.0 | 22.9 | 25.4 | 9.8% |
| Singapore | 104 | 49.5 | 59.1 | 22.9 | -39.6% |
| Germany | 8.0 | 7.5 | 7.2 | 8.9 | 3.6% |
| Belgium | 0.7 | 1.7 | 0.1 | 3.8 | 75.7% |
| France | 46.5 | 30.8 | 0.4 | 1.1 | -71.3% |
| Others | 77.4 | 106 | 116 | 92.2 | 6.0% |
| Total | 343 | 302 | 330 | 307 | -3.6% |
Top Suppliers of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) to Japan in 2022:
- China (10.0K tons)
- United States (4.6K tons)
- South Korea (2.3K tons)
- Italy (1.5K tons)
- Germany (0.7K tons)
- Singapore (0.4K tons)
- Belgium (0.4K tons)
- France (0.1K tons)
Exports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Japan
Exports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s from Japan declined to 13K tons in 2022, shrinking by -11.9% on the year before. In general, exports recorded a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. As a result, the exports reached the peak of 15K tons, and then declined in the following year.
In value terms, exports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s reached $176M in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 11%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 54.3 | 55.9 | 55.8 | 48.9 | -3.4% |
| South Korea | 31.8 | 26.2 | 30.8 | 36.1 | 4.3% |
| United Kingdom | 19.3 | 29.9 | 18.9 | 19.6 | 0.5% |
| United States | 8.3 | 4.9 | 11.6 | 6.6 | -7.4% |
| Belgium | 0.1 | N/A | N/A | 6.4 | 300.0% |
| Turkey | 4.6 | 4.7 | 6.4 | 2.7 | -16.3% |
| Taiwan (Chinese) | 1.9 | 2.3 | 4.1 | 2.3 | 6.6% |
| Others | 31.8 | 45.0 | 47.3 | 53.0 | 18.6% |
| Total | 152 | 169 | 175 | 176 | 5.0% |
Top Export Markets for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) from Japan in 2022:
- Switzerland (9.1K tons)
- South Korea (1.1K tons)
- United States (1.0K tons)
- United Kingdom (0.9K tons)
- Belgium (0.3K tons)
- Turkey (0.2K tons)
- Taiwan (Chinese) (0.2K tons)
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