Report Update Nov 1, 2024

Romania - Hydantoin and Its Derivatives - Market Analysis, Forecast, Size, Trends and Insights

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Romania: Hydantoin Market 2024

Hydantoin Market Size in Romania

In 2022, the Romanian hydantoin market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption saw a significant increase. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Hydantoin Exports

Exports from Romania

Hydantoin exports from Romania reduced modestly to X kg in 2022, dropping by -3.1% against 2021 figures. Overall, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 183%. As a result, the exports reached the peak of X kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hydantoin exports declined remarkably to $X in 2022. In general, exports, however, saw strong growth. The pace of growth was the most pronounced in 2015 when exports increased by 579% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Moldova (X kg) was the main destination for hydantoin exports from Romania, with a 79% share of total exports. Moreover, hydantoin exports to Moldova exceeded the volume sent to the second major destination, Croatia (X kg), fourfold.

From 2013 to 2022, the average annual growth rate of volume to Moldova totaled +6.0%.

In value terms, Moldova ($X) and Croatia ($X) appeared to be the largest markets for hydantoin exported from Romania worldwide.

Moldova, with a CAGR of +4.4%, recorded 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, which is down by -58.2% against the previous year. Over the period under review, the export price saw a noticeable setback. The most prominent rate of growth was recorded in 2015 an increase of 1,316% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Moldova amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+685.6%), while the prices for the other major destinations experienced mixed trend patterns.

Hydantoin Imports

Imports into Romania

In 2022, overseas purchases of hydantoin and its derivatives increased by 38% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 1,809% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, hydantoin imports soared to $X in 2022. Overall, imports showed strong growth. The growth pace was the most rapid in 2015 with an increase of 1,538% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest hydantoin supplier to Romania, with a 89% share of total imports. Moreover, hydantoin imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. Israel (X tons) ranked third in terms of total imports with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled +36.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+20.5% per year) and Israel (-6.0% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of hydantoin and its derivatives to Romania, comprising 82% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by Poland, with a 2.6% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.3% per year) and Poland (+23.7% per year).

Import Prices by Country

The average hydantoin import price stood at $X per ton in 2022, falling by -14.1% against the previous year. Over the period under review, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 56% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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, with a combined 32% share of global consumption.

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

China constituted the country with the largest volume of hydantoin production, comprising approx. 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 Romania?

In value terms, the Netherlands constituted the largest supplier of hydantoin to Romania, comprising 86% of total imports. The second position in the ranking was occupied by Italy, with a 5.3% share of total imports. It was followed by Germany, with a 1.5% share.

What are the leading importers of hydantoin and its derivatives from Romania?

In value terms, Croatia remains the key foreign market for hydantoin exports from Romania.

What is the average export price for hydantoin and its derivatives in Romania?

The average hydantoin export price stood at $50,534 per ton in 2021, jumping by 67% against the previous year.

What is the average import price for hydantoin and its derivatives in Romania?

In 2021, the average hydantoin import price amounted to $5,706 per ton, rising by 11% against the previous year.

This report provides an in-depth analysis of the hydantoin market in Romania. 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:

Romania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Romania
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