Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Kuwait - 2022

Contents:

  1. Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Kuwait (CIF) - 2022
  2. Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Kuwait

Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Kuwait (CIF) - 2022

In 2022, the average import price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s amounted to $55,971 per ton, picking up by 18% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 430%. Over the period under review, average import prices reached the maximum at $106,765 per ton in 2014; however, from 2015 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 the United States ($120,588 per ton), while the price for China ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+57.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Kuwait

In 2022, imports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s into Kuwait surged to 593 kg, picking up by 36% on the previous year. In general, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 138% against the previous year. As a result, imports attained the peak of 2.3 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s soared to $33K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.210.016.828.741.2%
United Arab Emirates0.10.11.32.2180.2%
United States0.1N/A1.12.0171.4%
China1.00.61.3N/A14.0%
IndiaN/A1.4N/AN/A0%
Others9.58.70.20.3-68.4%
Total21.020.820.633.216.5%

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

  1. Germany (364.0 kg)
  2. United Arab Emirates (208.0 kg)
  3. United States (17.0 kg)
  4. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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