Heterocyclic Compound Prices in China

China Heterocyclic Compound Export Price in September 2022

In September 2022, the heterocyclic compound price stood at $25.2 per kg (FOB, China), picking up by 19% against the previous month. Over the period under review, the export price, however, showed a mild decrease. Over the period under review, the average export prices attained the maximum at $29.1 per kg in January 2022; however, from February 2022 to September 2022, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($44.4 per kg), while the average price for exports to the United Arab Emirates ($5,158 per ton) 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 Canada (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

China Heterocyclic Compound Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts ($25.2 per kg), while the average price for exports of heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, piperidine and its salts ($7,651 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, pyridine and its salts (+19.9%), while the prices for the other products experienced a decline.

China Heterocyclic Compound Exports

In September 2022, approximately 11K tons of heterocyclic compounds were exported from China; reducing by -23.6% compared with the previous month. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 when exports increased by 117% against the previous month. Over the period under review, the exports hit record highs at 16K tons in May 2022; however, from June 2022 to September 2022, the exports stood at a somewhat lower figure.

In value terms, heterocyclic compound exports reduced to $280M (IndexBox estimates) in September 2022. Over the period under review, exports showed a slight curtailment. The pace of growth was the most pronounced in March 2022 when exports increased by 79% against the previous month. Over the period under review, the exports reached the peak figure at 353K tons in May 2022; however, from June 2022 to September 2022, the exports failed to regain momentum.

China Heterocyclic Compound Exports by Type

Heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts (11K tons) was the largest type of heterocyclic compound exported from China, with a 100% share of total exports. It was followed by heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, pyridine and its salts (33 tons), with a 0.3% share of total exports.

From January 2022 to September 2022, the average monthly growth rate of the volume of export of heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, pyridine and its salts (-10.0% per month) and heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, piperidine and its salts (-3.1% per month).

In value terms, heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts ($279M) remains the largest type of heterocyclic compound exported from China, comprising 100% of total exports. The second position in the ranking was taken by heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, pyridine and its salts ($782K), with a 0.3% share of total exports. It was followed by heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts, other than piperidine and its salts, with a 0.1% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of the export volume of heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts stood at -1.3%. With regard to the other exported products, the following average monthly rates of growth were recorded: heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, pyridine and its salts (+7.9% per month) and heterocyclic compounds; containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts, other than piperidine and its salts (+179.7% per month).

China Heterocyclic Compound Exports by Country

India (2.5K tons), the United States (1.5K tons) and Brazil (1.3K tons) were the main destinations of heterocyclic compound exports from China, with a combined 48% share of total exports. These countries were followed by Australia, Russia, France, South Korea, Japan, Israel, Argentina, the UK, the United Arab Emirates and Canada, which together accounted for a further 30%.

From January 2022 to September 2022, the biggest increases were in France (with a CAGR of +25.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($65M), India ($39M) and Brazil ($31M) constituted the largest markets for heterocyclic compound exported from China worldwide, with a combined 48% share of total exports. These countries were followed by Russia, South Korea, France, Argentina, Japan, Australia, Israel, the UK, Canada and the United Arab Emirates, which together accounted for a further 29%.

France, with a CAGR of +23.9%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform