Middle East: Hydantoin Market 2025

Hydantoin Market Size in the Middle East

The Middle Eastern hydantoin market declined modestly to $X in 2022, falling by -2.5% against the previous year. In general, consumption saw a mild reduction. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Hydantoin Production in the Middle East

In value terms, hydantoin production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced reduction. The most prominent rate of growth was recorded in 2015 when the production volume increased by 60% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Hydantoin Exports

Exports in the Middle East

After two years of growth, overseas shipments of hydantoin and its derivatives decreased by -26.5% to X tons in 2022. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of 184% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hydantoin exports declined markedly to $X in 2022. In general, exports saw a deep contraction. The pace of growth appeared the most rapid in 2015 when exports increased by 121% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Israel dominates exports structure, recording X tons, which was approx. 95% of total exports in 2022. The following exporters - Turkey (X tons) and the United Arab Emirates (X tons) - together made up 5% of total exports.

From 2012 to 2022, average annual rates of growth with regard to hydantoin exports from Israel stood at -10.4%. Turkey experienced a relatively flat trend pattern. the United Arab Emirates (-1.7%) illustrated a downward trend over the same period. Turkey (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while Israel saw its share reduced by -2.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) remains the largest hydantoin supplier in the Middle East, comprising 96% of total exports. The second position in the ranking was held by Turkey ($X), with a 2.5% share of total exports.

In Israel, hydantoin exports declined by an average annual rate of -8.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (-5.2% per year) and the United Arab Emirates (-14.3% per year).

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, which is down by -5.7% against the previous year. Over the period under review, the export price, however, posted a mild expansion. The most prominent rate of growth was recorded in 2018 when the export price increased by 79% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+2.3%), while the other leaders experienced a decline in the export price figures.

Hydantoin Imports

Imports in the Middle East

After four years of growth, purchases abroad of hydantoin and its derivatives decreased by -10.4% to X tons in 2022. Overall, imports saw a pronounced downturn. The growth pace was the most rapid in 2014 when imports increased by 45% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, hydantoin imports shrank notably to $X in 2022. In general, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 19%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey represented the main importer of hydantoin and its derivatives in the Middle East, with the volume of imports finishing at X tons, which was approx. 59% of total imports in 2022. It was distantly followed by Israel (X tons) and the United Arab Emirates (X tons), together committing a 34% share of total imports. The following importers - Iran (X tons), Lebanon (X tons) and Jordan (X tons) - each amounted to a 5.5% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to hydantoin imports into Turkey stood at +2.9%. At the same time, the United Arab Emirates (+29.1%), Jordan (+14.3%), Lebanon (+13.0%) and Iran (+4.9%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +29.1% from 2012-2022. By contrast, Israel (-10.2%) illustrated a downward trend over the same period. While the share of Turkey (+30 p.p.) and the United Arab Emirates (+5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Israel (-27.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X), Turkey ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 89% share of total imports.

Among the main importing countries, the United Arab Emirates, with a CAGR of +32.5%, recorded 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 the Middle East amounted to $X per ton, falling by -6% against the previous year. Over the period under review, the import price continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2021 an increase of 16%. The level of import peaked at $X per ton in 2013; however, from 2014 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 Iran ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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