Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Latvia - 2023
Contents:
- Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Latvia (FOB) - 2022
- Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Latvia (CIF) - 2022
- Exports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Latvia
- Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Latvia
Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Latvia (FOB) - 2022
In 2022, the average export price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s amounted to $270,540 per ton, which is down by -7.2% against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 77%. Over the period under review, the average export prices hit record highs at $291,539 per ton in 2021, and then reduced in the following year.
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 India ($585,620 per ton), while the average price for exports to Russia ($52,256 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 Canada (+27.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Latvia (CIF) - 2022
The average import price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s stood at $66,547 per ton in 2022, waning by -12.3% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 150% against the previous year. The import price peaked at $75,844 per ton in 2021, and then fell in the following year.
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 France ($450,180 per ton), while the price for the Netherlands ($9,896 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Latvia
In 2022, exports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s from Latvia fell rapidly to 13 tons, declining by -30% against 2021. In general, exports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 162% against the previous year. As a result, the exports attained the peak of 18 tons, and then dropped markedly in the following year.
In value terms, exports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s contracted remarkably to $3.5M in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 164% against the previous year. As a result, the exports attained the peak of $5.4M, and then fell notably in the following year.
| Export of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 242 | 719 | 3,200 | 1,356 | 77.6% |
| India | 175 | 95.8 | 578 | 986 | 77.9% |
| Germany | 160 | 301 | 456 | 412 | 37.1% |
| France | N/A | 364 | 311 | 162 | -33.3% |
| Belarus | 35.1 | 91.7 | 223 | 159 | 65.5% |
| Vietnam | 24.3 | 61.5 | 57.9 | 90.7 | 55.1% |
| Switzerland | 504 | 24.6 | 302 | 36.5 | -58.3% |
| Russia | 1.4 | 0.2 | 51.9 | 33.3 | 187.6% |
| Canada | 364 | N/A | N/A | N/A | 0% |
| Others | 209 | 384 | 203 | 259 | 7.4% |
| Total | 1,715 | 2,042 | 5,383 | 3,495 | 26.8% |
Top Export Markets for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) from Latvia in 2022:
- Croatia (6.3 tons)
- India (1.7 tons)
- Germany (1.4 tons)
- France (0.9 tons)
- Belarus (0.6 tons)
- Russia (0.6 tons)
- Vietnam (0.4 tons)
- Switzerland (0.2 tons)
Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Latvia
In 2022, overseas purchases of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s decreased by -14.6% to 12 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.6% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 94% against the previous year. As a result, imports reached the peak of 15 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s fell remarkably to $810K in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 189%. As a result, imports reached the peak of $1.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 30.4 | 1.3 | 62.8 | 211 | 90.8% |
| France | 0.6 | 672 | 325 | 170 | 556.8% |
| Ukraine | 236 | 294 | 375 | 72.8 | -32.4% |
| Netherlands | N/A | N/A | 0.6 | 61.2 | 10100.0% |
| China | 81.4 | 11.0 | 7.1 | 19.4 | -38.0% |
| Israel | N/A | 72.5 | 66.6 | 7.3 | -68.3% |
| Belgium | N/A | N/A | 4.7 | 4.8 | 2.1% |
| Denmark | 21.5 | 19.9 | 14.7 | N/A | -17.3% |
| Estonia | 3.7 | 17.2 | 14.5 | N/A | 98.0% |
| Others | 10.1 | 19.8 | 211 | 263 | 196.4% |
| Total | 383 | 1,108 | 1,082 | 810 | 28.4% |
Top Suppliers of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) to Latvia in 2022:
- Netherlands (6.2 tons)
- Germany (3.4 tons)
- Ukraine (1.3 tons)
- France (0.4 tons)
- China (0.3 tons)
- Belgium (0.2 tons)
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