SADC: Hydantoin Market 2025

Hydantoin Market Size in SADC

The SADC hydantoin market rose rapidly to $X in 2022, increasing by 14% against the previous year. The market value increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Hydantoin Production in SADC

In value terms, hydantoin production expanded markedly to $X in 2022 estimated in export price. The total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +9.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.8% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 44%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Hydantoin Exports

Exports in SADC

In 2022, hydantoin exports in SADC reduced dramatically to X kg, dropping by -86.6% compared with the year before. In general, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 293%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, hydantoin exports reduced dramatically to $X in 2022. Over the period under review, exports recorded a dramatic slump. The pace of growth was the most pronounced in 2016 with an increase of 247%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X kg) was the key exporter of hydantoin and its derivatives in SADC, committing 100% of total export.

South Africa was also the fastest-growing in terms of the hydantoin and its derivatives exports, with a CAGR of -25.6% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest hydantoin supplier in SADC.

In South Africa, hydantoin exports shrank by an average annual rate of -25.6% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, growing by 98% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per ton in 2012; afterwards, it flattened through to 2022.

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

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

Hydantoin Imports

Imports in SADC

In 2022, imports of hydantoin and its derivatives in SADC surged to X tons, increasing by 122% compared with 2021. Over the period under review, imports, however, showed a abrupt downturn. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, hydantoin imports soared to $X in 2022. Overall, imports, however, continue to indicate a perceptible decline. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

South Africa dominates imports structure, resulting at X tons, which was near 89% of total imports in 2022. It was distantly followed by Democratic Republic of the Congo (X tons), creating a 6.8% share of total imports. Tanzania (X tons) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to hydantoin imports into South Africa stood at -6.7%. At the same time, Tanzania (+17.1%) and Democratic Republic of the Congo (+14.6%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in SADC, with a CAGR of +17.1% from 2012-2022. Democratic Republic of the Congo (+5.8 p.p.) and Tanzania (+2.4 p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by -9.2% from 2012 to 2022, respectively.

In value terms, South Africa ($X) constitutes the largest market for imported hydantoin and its derivatives in SADC, comprising 91% of total imports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a 5.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to -4.4%. The remaining importing countries recorded the following average annual rates of imports growth: Democratic Republic of the Congo (+14.4% per year) and Tanzania (+12.7% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, falling by -36.6% against the previous year. Over the period under review, the import price, however, recorded temperate growth. The pace of growth appeared the most rapid in 2021 an increase of 59%. As a result, import price reached the peak level of $X per ton, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+2.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform