Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hong Kong SAR - 2023
Contents:
- Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hong Kong SAR (CIF) - 2022
- Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hong Kong SAR (FOB) - 2022
- Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hong Kong SAR
- Exports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hong Kong SAR
Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hong Kong SAR (CIF) - 2022
The average import price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s stood at $9,572 per ton in 2022, picking up by 38% against the previous year. In general, the import price showed a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 China ($16,028 per ton), while the price for Germany ($4,183 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+28.9%), 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 Hong Kong SAR (FOB) - 2022
The average export price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s stood at $14,667 per ton in 2022, rising by 77% against the previous year. Overall, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2018 an increase of 135%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($10,138 per ton), while the average price for exports to China stood at $6,276 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.9%).
Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hong Kong SAR
In 2022, imports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s into Hong Kong SAR surged to 64 tons, rising by 39% on the previous year's figure. In general, imports, however, faced a deep slump.
In value terms, imports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s soared to $617K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.4% 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 -8.3% against 2020 indices.
| Import of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 45.8 | N/A | 3.1 | 451 | 114.3% |
| Germany | 267 | 213 | 70.8 | 141 | -19.2% |
| India | 113 | 37.7 | 19.0 | 19.5 | -44.3% |
| Japan | N/A | 7.2 | 7.1 | 5.6 | -11.8% |
| South Korea | N/A | 415 | 221 | N/A | -46.7% |
| United States | 96.4 | N/A | N/A | N/A | 0% |
| Others | 4.5 | N/A | 1.4 | N/A | -44.2% |
| Total | 527 | 672 | 323 | 617 | 5.4% |
Top Suppliers of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) to Hong Kong SAR in 2022:
- Germany (33.6 tons)
- China (28.1 tons)
- India (1.6 tons)
- Japan (1.1 tons)
Exports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hong Kong SAR
In 2022, overseas shipments of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s decreased by -37.7% to 41 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 283%. As a result, the exports attained the peak of 76 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s amounted to $597K in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 236% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 118 | 467 | 389 | 234 | 25.6% |
| India | 4.7 | N/A | 7.8 | 29.4 | 84.3% |
| Others | 43.9 | 91.4 | 146 | 334 | 96.7% |
| Total | 166 | 558 | 542 | 597 | 53.2% |
Top Export Markets for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) from Hong Kong SAR in 2022:
- China (37.2 tons)
- India (2.9 tons)
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