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Learn about the projected growth of the global hydantoin market over the next six years, driven by increasing demand. By 2030, the market volume is expected to reach 63K tons, with a value of $345M in nominal prices.
From 2022 to 2023, the growth of imports of Hydantoin remained stagnant as its value plummeted to $10M in 2023.
During the period examined, Hydantoin exports peaked in 2023 and are projected to continue growing in the coming years. In terms of value, Hydantoin exports saw a slight decrease to $4.8M in 2023.
Hydantoin exports reached their peak in 2023 and are projected to continue growing in the near future. Despite a slight decrease, the value of hydantoin exports was $4.8M in 2023.
During the period examined, Hydantoin imports peaked at 929 tons in 2013 before decreasing to a lower level from 2014 to 2023. In terms of value, Hydantoin imports dropped to $2.2M in 2023.
In January 2024, Hydantoin imports experienced a significant growth rate of 250% month-on-month. By February 2024, the value of Hydantoin imports had surged to $361K.
Imports of the Hydantoin declined sharply from March 2023 to December 2023, with its value dropping to $569K in December 2023.
As of June 2023, the price of Hydantoin was $3,231 per ton (FOB, China), showing a 12% increase compared to the previous month.
Hydantoin prices decreased by 2.1% in March 2023, amounting to $2,404 per ton (CIF, Spain).
In February 2023, the hydantoin price was $12,089 per ton (CIF, Brazil), a 10.8% decrease from the previous month.
In November 2022, the hydantoin price amounted to $9,810 per ton (CIF, US), dropping by -22% against the previous month.
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