India - Hydantoin And Its Derivatives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndia's Hydantoin Exports Shrink to $4.8M in 2023
India Hydantoin Exports
In 2023, approx. 990 tons of hydantoin and its derivatives were exported from India; with an increase of 1.8% on the previous year. The total export volume increased at an average annual rate of +1.2% from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when exports increased by 29% against the previous year. The exports peaked in 2023 and are expected to retain growth in the immediate term.
In value terms, hydantoin exports reduced slightly to $4.8M (IndexBox estimates) in 2023. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 60% against the previous year. The exports peaked at $8.7M in 2020; however, from 2021 to 2023, the exports failed to regain momentum.
| COUNTRY | Export Value of Hydantoin in India (thousand USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Belgium | N/A | N/A | 380 | 574 | 351 | 235 | 258 | 246 | 283 | 191 | 1,042 |
| Germany | 119 | 131 | 135 | 66.1 | 210 | 731 | 1,680 | 3,149 | 4,032 | 94.6 | 986 |
| Bangladesh | 54.7 | 98.7 | 103 | 120 | 142 | 95.0 | 154 | 229 | 324 | 398 | 372 |
| South Africa | 5.2 | 6.3 | 0.9 | 0.9 | 1.8 | 7.3 | 10.4 | 17.6 | 8.5 | 231 | 229 |
| United Arab Emirates | 2.7 | 7.6 | 2.7 | 22.5 | 34.5 | 42.7 | 65.0 | 61.4 | 382 | 126 | 229 |
| United States | 391 | 754 | 332 | 312 | 348 | 366 | 312 | 316 | 301 | 438 | 175 |
| Vietnam | 65.7 | 116 | 127 | 113 | 120 | 177 | 203 | 219 | 211 | 208 | 172 |
| Italy | 99.6 | 16.8 | 156 | 43.0 | 44.8 | 165 | N/A | 2,401 | N/A | 57.2 | 12.1 |
| China | N/A | 897 | 1,202 | 919 | 372 | 7.9 | 245 | 317 | 121 | 43.3 | 4.5 |
| Spain | 23.9 | 7.9 | 9.7 | 7.6 | 11.7 | 555 | 984 | 429 | 8.7 | 796 | 3.0 |
| Others | 1,287 | 1,252 | 1,553 | 969 | 1,249 | 1,829 | 2,127 | 1,331 | 1,175 | 2,373 | 1,546 |
| Total | 2,049 | 3,287 | 4,002 | 3,147 | 2,886 | 4,210 | 6,039 | 8,716 | 6,847 | 4,957 | 4,771 |
Exports by Country
Germany (128 tons), Belgium (115 tons) and South Africa (115 tons) were the main destinations of hydantoin exports from India, with a combined 36% share of total exports. the United States, Vietnam, Bangladesh, the United Arab Emirates, China, Spain and Italy lagged somewhat behind, together comprising a further 25%.
From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +55.3%), while the other leaders experienced more modest paces of growth.
In value terms, Belgium ($1M), Germany ($986K) and Bangladesh ($372K) appeared to be the largest markets for hydantoin exported from India worldwide, together accounting for 50% of total exports. South Africa, the United Arab Emirates, the United States, Vietnam, Italy, China and Spain lagged somewhat behind, together accounting for a further 17%.
In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +55.8%, 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 2023, the hydantoin price stood at $4,817 per ton (FOB, India), shrinking by -5.4% against the previous year. In general, the export price, however, posted a buoyant increase. The growth pace was the most rapid in 2014 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices hit record highs at $9,010 per ton in 2020; however, from 2021 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($9,048 per ton), while the average price for exports to South Africa ($2,002 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the hydantoin market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21103140 - Hydantoin and its derivatives
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
