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

Contents:

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

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

In 2022, the average import price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s amounted to $13,460 per ton, declining by -12.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 12%. Over the period under review, average import prices attained the peak figure at $16,470 per ton in 2019; however, from 2020 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 India ($30,886 per ton), while the price for Singapore ($6,444 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.5%), 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 Vietnam (FOB) - 2022

In 2022, the average export price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s amounted to $24,917 per ton, declining by -5.5% against the previous year. Overall, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 58% against the previous year. The export price peaked at $69,000 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -6.8% per year.

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

For the fourth consecutive year, Vietnam recorded growth in supplies from abroad of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s, which increased by 69% to 656 tons in 2022. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 116%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s soared to $8.8M in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 123% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4151,3354,1874,30644.9%
Germany66.639.840.42,811248.2%
South Korea72.568.035739776.3%
India22917088.93049.9%
United States360208543189-19.3%
Taiwan (Chinese)46.386.888.818458.4%
Singapore1023135.658.4-17.0%
Others36246168158717.5%
Total2,6532,6825,9908,83649.3%

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

  1. China (401.6 tons)
  2. Germany (128.9 tons)
  3. South Korea (41.7 tons)
  4. Taiwan (Chinese) (20.5 tons)
  5. United States (13.9 tons)
  6. India (9.8 tons)
  7. Singapore (9.1 tons)

Exports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Vietnam

For the fourth consecutive year, Vietnam recorded growth in shipments abroad of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s, which increased by 1,799% to 5.9 tons in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,292%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s surged to $147K in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,957%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A0.41.11471817.0%
SingaporeN/AN/A6.3N/A0%
OthersN/AN/A0.8N/A0%
TotalN/A0.48.21471817.0%

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

  1. China (5.9 tons)

Source: IndexBox Market Intelligence Platform

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