Japan - Lactams From Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLactam's Price in Japan Declines to $11.4/kg
Japan Lactam Import Price in July 2023
In July 2023, the lactam price amounted to $11,374 per ton (CIF, Japan), with a decrease of -31.2% against the previous month. Overall, the import price saw a slight decrease. The growth pace was the most rapid in December 2022 an increase of 152% against the previous month. Over the period under review, average import prices hit record highs at $24,004 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($7,733 per ton), while the price for the United States ($3,248 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced a decline.
| COUNTRY | Import Price of Lactam in Japan (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
| South Korea | 18,385 | 8,756 | 5,346 | 8,475 | 10,830 | 17,452 | 6,537 | 8,552 | 8,149 | 9,599 | 5,788 | 6,264 | 7,733 |
| China | 6,344 | 9,677 | 6,260 | 6,818 | 5,306 | 9,265 | 6,125 | 9,513 | 7,396 | 5,768 | 4,902 | 4,737 | 6,970 |
| Brazil | 4,716 | 5,905 | 3,369 | 5,620 | 6,220 | 5,352 | 5,333 | 4,858 | 5,657 | 4,188 | 3,776 | 3,936 | 3,539 |
| United States | 6,484 | 5,183 | 5,635 | 5,241 | 5,512 | 5,709 | 4,962 | 3,575 | 5,699 | 4,693 | 4,521 | 4,458 | 3,248 |
| Average | 13,171 | 24,004 | 8,909 | 20,106 | 8,312 | 20,951 | 16,267 | 11,119 | 8,883 | 7,460 | 8,072 | 16,529 | 11,374 |
Japan Lactam Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In July 2023, the product with the highest price was heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam) ($11,436 per ton), while the price for heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) stood at $3,075 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) (+3.2%), while the prices for the other product experienced mixed trend patterns.
Japan Lactam Imports
Lactam imports into Japan contracted markedly to 1.1K tons in July 2023, waning by -26.1% on the month before. Over the period under review, imports recorded a noticeable setback. The most prominent rate of growth was recorded in March 2023 with an increase of 120% month-to-month.
In value terms, lactam imports reduced notably to $12M (IndexBox estimates) in July 2023. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in June 2023 with an increase of 124% against the previous month.
Japan Lactam Imports by Type
In July 2023, heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam) (1.1K tons) was the main type of lactam supplied to Japan, with a 99% share of total imports. It was followed by heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) (8 tons), with a 0.7% share of total imports.
From July 2022 to July 2023, the average monthly growth rate of the volume of import of heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam) stood at -4.3%.
In value terms, heterocyclic compounds; lactams; other than 6-hexanelactam (epsilon caprolactam) ($12M) constituted the largest type of lactam supplied to Japan, comprising 100% of total imports. The second position in the ranking was held by heterocyclic compounds; lactams; 6-hexanelactam (epsilon-caprolactam) ($25K), with a 0.2% share of total imports.
Japan Lactam Imports by Country
China (388 tons), the United States (357 tons) and South Korea (297 tons) were the main suppliers of lactam imports to Japan, with a combined 95% share of total imports.
From July 2022 to July 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +5.4%), while imports for the other leaders experienced mixed trend patterns.
In value terms, the largest lactam suppliers to Japan were China ($2.7M), South Korea ($2.3M) and the United States ($1.2M), together accounting for 49% of total imports. These countries were followed by Brazil, which accounted for a further 0.9%.
Among the main suppliers, Brazil, with a CAGR of +0.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
This report provides an in-depth analysis of the lactam market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20145280 -
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
