Heterocyclic Compounds With Nitrogen Only Hetero-Atom(s); Containing An Unfused Imidazole Ring Prices in China
China Heterocyclic Compounds With Nitrogen Only Hetero-Atom(s); Containing An Unfused Imidazole Ring Export Price in September 2022
In September 2022, the heterocyclic compounds with nitrogen only hetero-atom(s); containing an unfused imidazole ring price stood at $24.0 per kg (FOB, China), reducing by -2.5% against the previous month. In general, the export price showed a pronounced decline. The most prominent rate of growth was recorded in April 2022 an increase of 34% month-to-month. As a result, the export price reached the peak level of $31,122 per ton. From May 2022 to September 2022, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($60.2 per kg), while the average price for exports to Israel ($9,034 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 Pakistan (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.
China Heterocyclic Compounds With Nitrogen Only Hetero-Atom(s); Containing An Unfused Imidazole Ring Exports
Exports of heterocyclic compounds with nitrogen only hetero-atom(s); containing an unfused imidazole ring (excluding hydantoin and its derivatives) from China fell slightly to 1.6K tons in September 2022, almost unchanged from August 2022 figures. In general, exports saw a slight downturn. The most prominent rate of growth was recorded in May 2022 with an increase of 60% against the previous month. The exports peaked at 2.2K tons in July 2022; however, from August 2022 to September 2022, the exports stood at a somewhat lower figure.
In value terms, exports of heterocyclic compounds with nitrogen only hetero-atom(s); containing an unfused imidazole ring (excluding hydantoin and its derivatives) declined to $39M (IndexBox estimates) in September 2022. Over the period under review, exports saw a perceptible decline. The most prominent rate of growth was recorded in May 2022 with an increase of 23% m-o-m. The exports peaked at 56K tons in July 2022; however, from August 2022 to September 2022, the exports remained at a lower figure.
China Heterocyclic Compounds With Nitrogen Only Hetero-Atom(s); Containing An Unfused Imidazole Ring Exports by Country
India (418 tons) was the main destination for exports of heterocyclic compounds with nitrogen only hetero-atom(s); containing an unfused imidazole ring (excluding hydantoin and its derivatives) from China, accounting for a 25% share of total exports. Moreover, exports of heterocyclic compounds with nitrogen only hetero-atom(s); containing an unfused imidazole ring (excluding hydantoin and its derivatives) to India exceeded the volume sent to the second major destination, Japan (163 tons), threefold. The third position in this ranking was taken by Russia (89 tons), with a 5.4% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume to India stood at -1.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (-1.5% per month) and Russia (+14.6% per month).
In value terms, the largest markets for heterocyclic compounds with nitrogen only hetero-atom(s); containing an unfused imidazole ring exported from China were India ($5.5M), Brazil ($4.4M) and Japan ($3.3M), together comprising 33% of total exports.
In terms of the main countries of destination, Brazil, with a CAGR of +12.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
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