Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Pakistan - 2023
Contents:
- Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Pakistan (CIF) - 2023
- Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Pakistan
Price for Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Pakistan (CIF) - 2023
In July 2023, the average import price for heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s amounted to $90,072 per ton, picking up by 2,708% against the previous month. Overall, the import price enjoyed a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was India ($243K per ton), while the price for China totaled $51,514 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+18.5%).
Imports of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) in Pakistan
In 2022, supplies from abroad of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s was finally on the rise to reach 299 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam)s skyrocketed to $5.8M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +59.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% 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 Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.7 | 0.7 | 0.9 | 4.2 | 81.7% |
| India | 0.4 | 0.4 | 0.5 | 1.6 | 58.7% |
| Belgium | 0.3 | 0.3 | 0.4 | N/A | 15.5% |
| United Arab Emirates | 2.3 | 2.6 | 3.3 | N/A | 19.8% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 3.7 | 4.0 | 5.0 | 5.8 | 16.2% |
Top Suppliers of Heterocyclic Compounds; Lactams; Other than 6-Hexanelactam (Epsilon Caprolactam) to Pakistan in 2022:
- China (180.9 tons)
- India (114.2 tons)
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