Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Singapore - 2023

Contents:

  1. Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Singapore (FOB) - 2022
  2. Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Singapore (CIF) - 2022
  3. Exports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Singapore
  4. Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Singapore

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

The average export price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s stood at $1,195,233 per ton in 2022, jumping by 29% against the previous year. In general, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 117%. Over the period under review, the average export prices attained the maximum at $2,155,544 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($3,281,484 per ton), while the average price for exports to India ($61,335 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 the UK (+26.0%), 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 Singapore (CIF) - 2022

The average import price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s stood at $25,067 per ton in 2022, rising by 54% against the previous year. In general, the import price saw a remarkable increase. The growth pace was the most rapid in 2020 when the average import price increased by 169%. As a result, import price reached the peak level of $36,428 per ton. From 2021 to 2022, the average import prices remained at a 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 Italy ($88,561 per ton), while the price for Brazil ($4,574 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+27.4%), 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 Singapore

Exports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s from Singapore surged to 1K tons in 2022, jumping by 61% on 2021 figures. Overall, exports saw a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 96%. As a result, the exports attained the peak of 1.5K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s skyrocketed to $1.2B in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium3948665321,15143.0%
Italy7.213.511.110.212.3%
United States62.71153.56.6-52.8%
Netherlands10831.8N/A6.5-60.8%
Japan41.820.82.15.9-47.9%
India3.13.02.90.3-54.1%
Australia17.13.717.10.1-82.0%
Others24.96.919.139.716.8%
Total6581,0615871,22122.9%

Top Export Markets for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) from Singapore in 2022:

  1. Belgium (947.4 tons)
  2. Italy (19.3 tons)
  3. Japan (10.6 tons)
  4. United States (6.9 tons)
  5. India (4.3 tons)
  6. Netherlands (2.4 tons)
  7. Australia (0.2 tons)

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

In 2022, the amount of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s imported into Singapore surged to 3.2K tons, with an increase of 18% against 2021. The total import volume increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s skyrocketed to $81M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 162% against the previous year. As a result, imports attained the peak of $83M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.51.325.425.5270.8%
ItalyN/AN/AN/A19.30%
Ireland18.40.1N/A18.70.5%
United States3.53.35.26.522.9%
Brazil1.82.42.43.322.4%
Germany6.85.36.91.9-34.6%
Taiwan (Chinese)0.50.10.30.2-26.3%
BelgiumN/A68.1N/AN/A0%
Others0.11.94.25.9289.3%
Total31.582.644.581.237.1%

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

  1. United States (947.6 tons)
  2. Brazil (720.0 tons)
  3. China (628.1 tons)
  4. Ireland (512.4 tons)
  5. Italy (218.5 tons)
  6. Germany (137.1 tons)
  7. Taiwan (Chinese) (28.0 tons)

Source: IndexBox Market Intelligence Platform

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