Eastern Europe: Hydantoin Market 2024

Hydantoin Market Size in Eastern Europe

The East European hydantoin market declined modestly to $X in 2022, shrinking by X% against the previous year. In general, consumption recorded a noticeable shrinkage. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Hydantoin Production in Eastern Europe

In value terms, hydantoin production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a mild setback. The pace of growth was the most pronounced in 2014 with an increase of X%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

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Hydantoin Exports

Exports in Eastern Europe

After two years of decline, overseas shipments of hydantoin and its derivatives increased by X% to X tons in 2022. Overall, exports, however, faced a abrupt decrease. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hydantoin exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Bulgaria (X tons) and Poland (X tons) were the largest exporters of hydantoin and its derivatives in Eastern Europe, together achieving X% of total exports. Ukraine (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Lithuania (X%). Belarus (X kg) and Russia (X kg) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest hydantoin supplying countries in Eastern Europe were Bulgaria ($X), Poland ($X) and Ukraine ($X), with a combined X% share of total exports.

Among the main exporting countries, Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Overall, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced a decline in the export price figures.

Hydantoin Imports

Imports in Eastern Europe

In 2022, supplies from abroad of hydantoin and its derivatives decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, hydantoin imports reduced to $X in 2022. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia represented the main importer of hydantoin and its derivatives in Eastern Europe, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. Poland (X tons) held the second position in the ranking, distantly followed by Romania (X tons). All these countries together held approx. X% share of total imports. Hungary (X tons), the Czech Republic (X tons) and Ukraine (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and Romania ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Hungary, Ukraine and the Czech Republic lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Hungary, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, reducing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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