Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Russian Federation: Hydantoin Market 2024

Hydantoin Market Size in the Russian Federation

The Russian hydantoin market expanded slightly to $X in 2022, growing by 1.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Hydantoin Exports

Exports from the Russian Federation

In 2022, overseas shipments of hydantoin and its derivatives decreased by -32.9% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 823%. The exports peaked at X tons in 2021, and then contracted significantly in the following year.

In value terms, hydantoin exports shrank sharply to $X in 2022. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2016 with an increase of 937% against the previous year. The exports peaked at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Belarus (X tons) was the main destination for hydantoin exports from Russia, with a approx. 100% share of total exports.

From 2014 to 2022, the average annual growth rate of volume to Belarus amounted to +87.0%.

In value terms, Belarus ($X) emerged as the key foreign market for hydantoin and its derivatives exports from Russia.

From 2014 to 2022, the average annual rate of growth in terms of value to Belarus amounted to +99.3%.

Export Prices by Country

The average hydantoin export price stood at $X per ton in 2022, almost unchanged from the previous year. In general, export price indicated temperate growth from 2014 to 2022: its price increased at an average annual rate of +3.8% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydantoin export price increased by +2.8% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 35% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Belarus.

From 2014 to 2022, the rate of growth in terms of prices for Ukraine amounted to +8.2% per year.

Hydantoin Imports

Imports into the Russian Federation

In 2022, overseas purchases of hydantoin and its derivatives were finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by 43% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, hydantoin imports totaled $X in 2022. The total import value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 38%. As a result, imports attained the peak of $X; afterwards, it flattened through to 2022.

Imports by Country

India (X tons), China (X tons) and Finland (X tons) were the main suppliers of hydantoin imports to Russia, with a combined 93% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +44.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Finland ($X) constituted the largest hydantoin suppliers to Russia, with a combined 95% share of total imports.

Among the main suppliers, India, with a CAGR of +45.0%, saw 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 average hydantoin import price stood at $X per ton in 2022, which is down by -7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 27% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.8%), 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, together accounting for 32% of global consumption.

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

The country with the largest volume of hydantoin production was China, accounting for 43% of total volume. Moreover, hydantoin production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The United States ranked third in terms of total production with an 8% share.

What are the leading suppliers of hydantoin and its derivatives to the Russian Federation?

In value terms, China constituted the largest supplier of hydantoin to Russia, comprising 62% of total imports. The second position in the ranking was occupied by Finland, with a 17% share of total imports. It was followed by Italy, with a 7.4% share.

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

In value terms, Poland emerged as the key foreign market for hydantoin exports from Russia, comprising 73% of total exports. The second position in the ranking was occupied by Belarus, with a 23% share of total exports.

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

The average hydantoin export price stood at $6,287 per ton in 2021, increasing by 3.8% against the previous year.

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

In 2021, the average hydantoin import price amounted to $6,005 per ton, surging by 15% against the previous year.

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

Russia

Data coverage:

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