EU capro exports rise 7% in July and August year on year: Eurostat

21 October 2013 16:31  [Source: ICIS news]

LONDON (ICIS)--EU caprolactam (capro) exports rose by around 7% in August compared with the same month in 2012, despite new capacity in Asia, data from official statistics agency Eurostat showed on Monday. 

Exports in July from the EU were also 7% higher than the same month in 2012.

New capacity in Asia was expected to reduce imports of European material in 2013. Asia has traditionally been a major importer of European capro. Nevertheless, imports have remained firm throughout 2013, which several sources have attributed in recent weeks to problems starting-up production at the new Asian plants.

July imports into the EU fell by 76% amid weak demand caused by poor macroeconomic conditions.

EU capro import and export data by Eurostat (units: tonnes)

Period

Import

Export

July 2012

273

31,737

July 2013

65

33,943

Change year on year (%)

-76.37

6.95

August 2012

Data unavailable

32,730

August 2013

Data unavailable

34,896

Change year on year (%)

Data unavailable

6.62


Eurostat import/export data is subject to revision as more detailed information become available.

($1 = €0.73)


By: Mark Victory
+44 208 652 3214



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly