Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Belgium - 2023
Contents:
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Belgium (FOB) - 2023
- Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Belgium (CIF) - 2023
- Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Belgium
- Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Belgium
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Belgium (FOB) - 2023
In July 2023, the average export price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s amounted to $1,810 per ton, reducing by -2.8% against the previous month. Over the period under review, the export price saw a noticeable downturn. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 8.3% m-o-m. The export price peaked at $2,770 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In July 2023, the highest price was recorded for prices to Italy ($1,820 per ton) and Germany ($1,788 per ton), while the average price for exports to Switzerland ($1,550 per ton) and Slovenia ($1,668 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-3.3%), while the prices for the other major destinations experienced a decline.
Price for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Belgium (CIF) - 2023
In June 2023, the average import price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s amounted to $1,847 per ton, which is down by -6.1% against the previous month. Overall, the import price showed a pronounced downturn. The growth pace was the most rapid in January 2023 when the average import price increased by 1.1% m-o-m. The import price peaked at $2,950 per ton in July 2022; however, from August 2022 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($1,881 per ton), while the price for the Netherlands totaled $1,759 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.4%), while the prices for the other major suppliers experienced a decline.
Exports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Belgium
In 2022, the amount of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s exported from Belgium declined dramatically to 268K tons, which is down by -20.4% on the year before. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 9.6%. As a result, the exports attained the peak of 337K tons, and then contracted markedly in the following year.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) exports expanded sharply to $683M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 71%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.
| Export of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 209 | 169 | 353 | 446 | 28.7% |
| Italy | 71.8 | 33.5 | 109 | 110 | 15.3% |
| Switzerland | 12.7 | 7.5 | 24.4 | 40.5 | 47.2% |
| Slovenia | 36.1 | 31.1 | 19.7 | 35.0 | -1.0% |
| Colombia | 4.2 | 4.6 | 8.1 | 7.8 | 22.9% |
| South Korea | 15.7 | 11.0 | 24.5 | 2.7 | -44.4% |
| China | 70.8 | 62.6 | 33.6 | 1.8 | -70.6% |
| Taiwan (Chinese) | 22.0 | 5.5 | N/A | N/A | -75.0% |
| Others | 44.1 | 31.6 | 37.6 | 40.2 | -3.0% |
| Total | 487 | 357 | 609 | 683 | 11.9% |
Top Export Markets for Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) from Belgium in 2022:
- Taiwan (Chinese) (undefinedK tons)
- Germany (179.6K tons)
- Italy (40.6K tons)
- Switzerland (14.3K tons)
- Slovenia (11.9K tons)
- Colombia (4.2K tons)
- South Korea (1.5K tons)
- China (1.0K tons)
Imports of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Belgium
In 2022, after three years of growth, there was significant decline in supplies from abroad of heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam)s, when their volume decreased by -28.2% to 29K tons. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, imports attained the peak of 40K tons, and then contracted rapidly in the following year.
In value terms, heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) imports shrank to $85M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 154% against the previous year. As a result, imports reached the peak of $93M, and then reduced in the following year.
| Import of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.1 | 9.4 | 31.6 | 33.8 | 30.8% |
| Netherlands | 11.4 | 15.4 | 41.5 | 32.6 | 41.9% |
| Russia | 3.4 | 6.0 | 11.6 | 13.1 | 56.8% |
| Poland | 7.0 | 4.5 | 7.2 | 5.7 | -6.6% |
| Belarus | 3.4 | 1.1 | 0.7 | N/A | -54.6% |
| Others | 1.3 | N/A | 0.1 | 0.1 | -57.5% |
| Total | 41.7 | 36.5 | 92.6 | 85.2 | 26.9% |
Top Suppliers of Heterocyclic Compounds; Lactams; 6-Hexanelactam (Epsilon-Caprolactam) to Belgium in 2022:
- Germany (11.1K tons)
- Netherlands (10.7K tons)
- Russia (5.1K tons)
- Poland (2.0K tons)
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