EU: Hydantoin Market 2025

Hydantoin Market Size in the EU

The EU hydantoin market contracted to $X in 2022, dropping by -8.4% against the previous year. Overall, consumption continues to indicate a deep slump. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Hydantoin Production in the EU

In value terms, hydantoin production reached $X in 2022 estimated in export price. Overall, production, however, posted prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of 43% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Hydantoin Exports

Exports in the EU

Hydantoin exports declined rapidly to X tons in 2022, which is down by -31.9% against 2021 figures. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 40% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydantoin exports dropped dramatically to $X in 2022. Over the period under review, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 37% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Spain (X tons) and Germany (X tons) were the major exporters of hydantoin and its derivatives in the European Union, together resulting at approx. 55% of total exports. The Netherlands (X tons) held the next position in the ranking, followed by Italy (X tons), France (X tons) and Belgium (X tons). All these countries together held approx. 40% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +9.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest hydantoin supplying countries in the European Union were Spain ($X), the Netherlands ($X) and Italy ($X), together comprising 61% of total exports.

Among the main exporting countries, Italy, with a CAGR of +5.1%, 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 the European Union amounted to $X per ton, rising by 2.5% against the previous year. Overall, the export price, however, recorded a deep reduction. The growth pace was the most rapid in 2017 when the export price increased by 81% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.0%), while the other leaders experienced more modest paces of growth.

Hydantoin Imports

Imports in the EU

In 2022, overseas purchases of hydantoin and its derivatives decreased by -17.1% to X tons, falling for the second year in a row after three years of growth. In general, imports continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2019 with an increase of 46%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, hydantoin imports shrank significantly to $X in 2022. Overall, imports faced a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of 17%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Spain represented the key importing country with an import of around X tons, which amounted to 59% of total imports. Germany (X tons) ranks second in terms of the total imports with a 14% share, followed by Italy (6%). The Netherlands (X tons), France (X tons), Finland (X tons), Sweden (X tons), Belgium (X tons) and Poland (X tons) took a minor share of total imports.

Spain was also the fastest-growing in terms of the hydantoin and its derivatives imports, with a CAGR of +9.9% from 2012 to 2022. At the same time, the Netherlands (+9.7%) displayed positive paces of growth. By contrast, Italy (-1.8%), Germany (-8.0%), Sweden (-9.9%), Poland (-9.9%), Finland (-11.6%), France (-17.9%) and Belgium (-22.1%) illustrated a downward trend over the same period. While the share of Spain (+44 p.p.) and the Netherlands (+3.1 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Poland (-1.5 p.p.), Sweden (-2.8 p.p.), Finland (-4.7 p.p.), Germany (-7.6 p.p.), Belgium (-14 p.p.) and France (-14.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest hydantoin importing markets in the European Union were Spain ($X), Germany ($X) and Italy ($X), with a combined 62% share of total imports. The Netherlands, Belgium, Finland, France, Poland and Sweden lagged somewhat behind, together accounting for a further 32%.

Among the main importing countries, the Netherlands, with a CAGR of +6.9%, recorded the highest rates of growth with regard to 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

The import price in the European Union stood at $X per ton in 2022, declining by -17.2% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by 26%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Belgium ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+13.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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