Compounds Containing A Pyrimidine Ring (Whether Or Not Hydrogenated) Or Piperazine Ring In The Structure (Excluding Malonylurea
China Compounds Containing A Pyrimidine Ring (Whether Or Not Hydrogenated) Or Piperazine Ring In The Structure (Excluding Malonylurea (Barbituric Acid) And Its Derivatives) Export Price in September 2022
In September 2022, the compounds containing a pyrimidine ring (whether or not hydrogenated) or piperazine ring in the structure (excluding malonylurea (barbituric acid) and its derivatives) price stood at $37.0 per kg (FOB, China), growing by 6.5% against the previous month. Overall, the export price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 8.4% against the previous month. As a result, the export price reached the peak level of $48,127 per ton. From March 2022 to September 2022, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In September 2022, the country with the highest price was the United States ($59.3 per kg), while the average price for exports to Thailand ($10.4 per kg) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+12.4%), while the prices for the other major destinations experienced a decline.
China Compounds Containing A Pyrimidine Ring (Whether Or Not Hydrogenated) Or Piperazine Ring In The Structure (Excluding Malonylurea (Barbituric Acid) And Its Derivatives) Exports
In September 2022, overseas shipments of compounds containing a pyrimidine ring (whether or not hydrogenated) or piperazine ring in the structure (excluding malonylurea (barbituric acid) and its derivatives) decreased by -13% to 3.5K tons, falling for the second consecutive month after three months of growth. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 when exports increased by 53% against the previous month. The exports peaked at 4.7K tons in July 2022; however, from August 2022 to September 2022, the exports remained at a lower figure.
In value terms, exports of compounds containing a pyrimidine ring (whether or not hydrogenated) or piperazine ring in the structure (excluding malonylurea (barbituric acid) and its derivatives) dropped to $129M (IndexBox estimates) in September 2022. In general, exports saw a mild downturn. The pace of growth was the most pronounced in May 2022 with an increase of 38% month-to-month. The exports peaked at 178K tons in June 2022; however, from July 2022 to September 2022, the exports remained at a lower figure.
China Compounds Containing A Pyrimidine Ring (Whether Or Not Hydrogenated) Or Piperazine Ring In The Structure (Excluding Malonylurea (Barbituric Acid) And Its Derivatives) Exports by Country
India (886 tons) was the main destination for exports of compounds containing a pyrimidine ring (whether or not hydrogenated) or piperazine ring in the structure (excluding malonylurea (barbituric acid) and its derivatives) from China, accounting for a 25% share of total exports. Moreover, exports of compounds containing a pyrimidine ring (whether or not hydrogenated) or piperazine ring in the structure (excluding malonylurea (barbituric acid) and its derivatives) to India exceeded the volume sent to the second major destination, Germany (260 tons), threefold. Belgium (250 tons) ranked third in terms of total exports with a 7.2% share.
From January 2022 to September 2022, the average monthly growth rate of volume to India stood at +4.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (+7.7% per month) and Belgium (+3.1% per month).
In value terms, India ($30M) remains the key foreign market for compounds containing a pyrimidine ring (whether or not hydrogenated) or piperazine ring in the structure (excluding malonylurea (barbituric acid) and its derivatives) exports from China, comprising 24% of total exports. The second position in the ranking was held by the United States ($12M), with a 9.3% share of total exports. It was followed by Germany, with a 5.5% share.
From January 2022 to September 2022, the average monthly growth rate of value to India totaled +2.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (-7.1% per month) and Germany (+7.1% per month).
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During the period analyzed, Lactam exports reached their highest point in 2023 and are projected to experience steady growth in the future. The value of Lactam exports dropped significantly to $1.5B in 2023.
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As of June 2023, the Lactam price in China was $6,682 per ton (FOB), experiencing a decrease of -32.2% compared to the previous month.
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The exports of Heterocyclic Compound peaked in December 2023, reaching a value of $218M.
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In September 2022, the heterocyclic compound price stood at $25.2 per kg (FOB, China), growing by 19% against the previous month.
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As of June 2023, the price of Hydantoin was $3,231 per ton (FOB, China), showing a 12% increase compared to the previous month.
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From 2022 to 2023, Melamine exports saw a slight decrease, with a notable decline in value to $470M in 2023.
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Melamine exports reached a peak of 534K tons in 2022, but decreased the following year. In terms of value, exports of Melamine significantly dropped to $470M in 2023.
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In August 2022, the melamine price per ton stood at $1.0K (FOB, China), declining by -16.7% against the previous month.
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From 2010 to 2020, Germany boosted purchases abroad by thirteen times, from $0.5B to $6.8B, and became the world's leading lactam importer in value terms. The U.S. ($3.4B) and Italy ($1.4B) followed Germany. Most lactam supplies come to the global market from Belgium ($1.7B), Japan ($303M) and China ($367M), which became the fastest-growing lactam exporter in the past decade.
