Report Update Nov 1, 2024

Hong Kong SAR, China - Hydantoin and Its Derivatives - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Hydantoin Market 2024

Hydantoin Market Size in Hong Kong SAR, China

In 2022, the Hong Kong hydantoin market increased by 22% to $X, rising for the third consecutive year after four years of decline. Overall, consumption, however, saw a slight decrease. Hydantoin consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Hydantoin Production in Hong Kong SAR, China

In value terms, hydantoin production soared to $X in 2022 estimated in export price. Overall, production, however, recorded a noticeable downturn. The pace of growth was the most pronounced in 2020 with an increase of 207% against the previous year. Hydantoin production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Hydantoin Exports

Exports from Hong Kong SAR, China

Hydantoin exports from Hong Kong SAR surged to X tons in 2022, jumping by 23% compared with 2021 figures. In general, exports saw noticeable growth. The most prominent rate of growth was recorded in 2013 when exports increased by 116%. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydantoin exports surged to $X in 2022. Overall, total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 102%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for hydantoin exports from Hong Kong SAR, accounting for a 85% share of total exports. Moreover, hydantoin exports to China exceeded the volume sent to the second major destination, the Netherlands (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at +3.2%.

In value terms, the largest markets for hydantoin exported from Hong Kong SAR were China ($X) and the Netherlands ($X).

The Netherlands, with a CAGR of +374.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average hydantoin export price stood at $X per ton in 2022, rising by 11% against the previous year. Over the period under review, the export price continues to indicate a perceptible increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 54%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+18.6%).

Hydantoin Imports

Imports into Hong Kong SAR, China

In 2022, approx. X tons of hydantoin and its derivatives were imported into Hong Kong SAR; reducing by -6.7% compared with 2021. In general, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of 172% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hydantoin imports skyrocketed to $X in 2022. Over the period under review, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 81%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main hydantoin supplier to Hong Kong SAR, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +16.6%.

In value terms, China ($X) constituted the largest supplier of hydantoin and its derivatives to Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value from China amounted to +16.4%.

Import Prices by Country

The average hydantoin import price stood at $X per ton in 2022, rising by 30% against the previous year. In general, the import price, however, saw a perceptible slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hydantoin and its derivatives in the world?

The countries with the highest volumes of in 2021 were China, the United States and Spain, together comprising 32% of global consumption.

What are the largest producers of hydantoin and its derivatives in the world?

China remains the largest hydantoin producing country worldwide, accounting for 43% of total volume. Moreover, hydantoin production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by the United States, with an 8% share.

What are the leading suppliers of hydantoin and its derivatives to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of hydantoin to Hong Kong SAR.

What are the leading importers of hydantoin and its derivatives from Hong Kong SAR, China?

In value terms, China remains the key foreign market for hydantoin exports from Hong Kong SAR, comprising 66% of total exports. The second position in the ranking was occupied by Switzerland, with a 22% share of total exports.

What is the average export price for hydantoin and its derivatives in Hong Kong SAR, China?

The average hydantoin export price stood at $8,588 per ton in 2021, rising by 54% against the previous year.

What is the average import price for hydantoin and its derivatives in Hong Kong SAR, China?

The average hydantoin import price stood at $4,110 per ton in 2021, surging by 49% against the previous year.

This report provides an in-depth analysis of the hydantoin market in Hong Kong SAR, China. 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:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023