Hydantoin Market
Hydantoin market: get new statistics powered by an Ai-driven market research tool. Info contain companies, market size, trade, consumption, imports, production, exports, and market prices. There is a split by country, including Russia, Latin America, Africa, the U.K., China, the U.S., EU, and the Middle East. Market trends and outlook to 2030 are also provided in the reports.
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Hydantoin - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | Spain |
| 3 | Taiwan (Chinese) |
| 4 | United States |
| 5 | United Kingdom |
In value terms, the largest hydantoin markets worldwide were China, Spain and Taiwan (Chinese), together accounting for 51% of the global market.
Spain (+107.4% per year) saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while hydantoin market for the other global leaders experienced more modest paces of growth.
Hydantoin Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Israel | 2839 | 2934 | 4115 | 20.4% |
| United Kingdom | 4561 | 4214 | 4214 | -3.9% |
| China | 5299 | 4905 | 5116 | -1.7% |
| Spain | 7722 | 6118 | 6650 | -7.2% |
| United States | 6781 | 5980 | 7076 | 2.2% |
| Japan | 17000 | 33196 | 8426 | -29.6% |
| Italy | 14478 | 12618 | 11741 | -9.9% |
| Average | 5763 | 5430 | 5557 | -1.8% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Italy ($11,741 per ton), while Israel ($4,115 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Israel, while the other global leaders experienced mixed trends in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Brazil | 5330 | 8585 | 10437 | 39.9% |
| United States | 7434 | 8806 | 8494 | 6.9% |
| Japan | 9859 | 7252 | 7252 | -14.2% |
| China | 5786 | 6135 | 6605 | 6.8% |
| Russia | 5243 | 5074 | 5185 | -0.6% |
| Vietnam | 3832 | 3426 | 3726 | -1.4% |
| United Kingdom | 4219 | 3916 | 3558 | -8.2% |
| Italy | 5688 | 4781 | 3454 | -22.1% |
| Thailand | 2912 | 2760 | 3083 | 2.9% |
| Turkey | 4977 | 4708 | 3045 | -21.8% |
| Israel | 4663 | 2219 | 2639 | -24.8% |
| Canada | 2820 | 2773 | 2477 | -6.3% |
| Spain | 5620 | 5955 | 1522 | -48.0% |
| Average | 5761 | 5746 | 4125 | -15.4% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Brazil ($10,437 per ton), while Spain ($1,522 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the other global leaders experienced more modest paces of growth.
Hydantoin - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 32 | 24 | 21 | -18.6% |
| Spain | 7.4 | 5.2 | 11 | 21.4% |
| Brazil | 2 | 1.6 | 6.9 | 88.7% |
| Japan | 7.2 | 5.6 | 5.6 | -11.3% |
| United Kingdom | 2.4 | 1.4 | 4.4 | 35.3% |
In value terms, the United States ($21M), Spain ($11M) and Brazil ($6.9M) constituted the countries with the highest levels of imports in 2020, with a combined 46% share of global imports.
In terms of the main importing countries, Brazil (+88.7% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Hydantoin - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| China | 44 | 55 | 43 | -1.5% |
| United States | 14 | 12 | 9.1 | -19.9% |
| Spain | 4.5 | 4.4 | 6.1 | 16.2% |
| Italy | 3.3 | 2.9 | 3.8 | 7.1% |
| Japan | 1.1 | 5.1 | 3.6 | 80.0% |
In value terms, China ($43M) remains the largest hydantoin supplier worldwide, comprising 56% of global exports. The second position in the ranking was occupied by the United States ($9.1M), with a 12% share of global exports. It was followed by Spain, with a 8% share.
From 2018 to 2020, the average annual rate of growth in terms of value in China amounted to -1.5%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (-19.9% per year) and Spain (+16.2% per year).
Hydantoin - Market Forecast
Driven by increasing demand for hydantoin worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Hydantoin - Product Coverage
- HS 293321 - Heterocyclic compounds; with nitrogen hetero-atom(s) only, containing an unfused imidazole ring (whether or not hydrogenated) in the structure, hydantoin and its derivatives
This report provides an in-depth analysis of the global hydantoin market.
This report provides an in-depth analysis of the hydantoin market in Africa.
This report provides an in-depth analysis of the hydantoin market in Central Asia.
This report provides an in-depth analysis of the hydantoin market in Australia and Oceania.
This report provides an in-depth analysis of the hydantoin market in Northern America.
This report provides an in-depth analysis of the hydantoin market in Latin America and the Caribbean.
This report provides an in-depth analysis of the hydantoin market in South-Eastern Asia.
This report provides an in-depth analysis of the hydantoin market in Eastern Asia.
This report provides an in-depth analysis of the hydantoin market in Southern Asia.
This report provides an in-depth analysis of the hydantoin market in the Middle East.
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