Bangladesh: Hydantoin Market 2022

Hydantoin Market Size in Bangladesh

In 2021, the Bangladeshi hydantoin market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption, however, continues to indicate a resilient expansion. Hydantoin consumption peaked at $X in 2020, and then reduced in the following year.

Hydantoin Exports

Exports from Bangladesh

In 2021, after two years of decline, there was decline in overseas shipments of hydantoin and its derivatives, when their volume decreased by X% to less than X kg. Over the period under review, exports showed significant growth. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, hydantoin exports totaled less than $X in 2021. In general, exports continue to indicate a significant expansion. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Egypt (X tons) was the main destination for hydantoin exports from Bangladesh, accounting for a approx. X% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to Egypt was relatively modest.

From 2012 to 2018, the average annual rate of growth in terms of value to Egypt was relatively modest.

Export Prices by Country

In 2018, the average hydantoin export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price recorded modest growth. The export price peaked in 2018 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Egypt.

From 2012 to 2018, the rate of growth in terms of prices for Egypt amounted to X% per year.

Hydantoin Imports

Imports into Bangladesh

In 2021, supplies from abroad of hydantoin and its derivatives decreased by -X% to X tons for the first time since 2014, thus ending a six-year rising trend. In general, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2020, and then declined in the following year.

In value terms, hydantoin imports dropped slightly to $X in 2021. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then shrank in the following year.

Imports by Country

In 2021, India (X tons) was the main hydantoin supplier to Bangladesh, with a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from India amounted to +X%.

In value terms, India ($X) constituted the largest supplier of hydantoin to Bangladesh.

From 2012 to 2021, the average annual rate of growth in terms of value from India stood at +X%.

Import Prices by Country

The average hydantoin import price stood at $X per ton in 2021, rising by X% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hydantoin import price decreased by -X% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -X% per year.

Source: IndexBox Platform