Saudi Arabia - Hydantoin and Its Derivatives - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSaudi Arabia: Hydantoin Market 2024
Hydantoin Market Size in Saudi Arabia
The Saudi hydantoin market shrank to $X in 2022, dropping by -5.4% against the previous year. Overall, consumption continues to indicate a perceptible slump. Hydantoin consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.
Hydantoin Production in Saudi Arabia
In value terms, hydantoin production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2015 with an increase of 79% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.
Hydantoin Exports
Exports from Saudi Arabia
After two years of decline, shipments abroad of hydantoin and its derivatives decreased by 0% to less than X kg in 2015. Overall, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2013. The exports peaked at X tons in 2012; however, from 2013 to 2015, the exports remained at a lower figure.
In value terms, hydantoin exports stood at $X in 2015. In general, exports recorded a noticeable descent. The smallest decline of 99.9% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2015, the exports remained at a lower figure.
Exports by Country
Jordan (X kg) was the main destination for hydantoin exports from Saudi Arabia, accounting for a approx. 100% share of total exports.
From 2018 to 2021, the average annual growth rate of volume to Jordan was relatively modest.
From 2018 to 2021, the average annual rate of growth in terms of value to Jordan was relatively modest.
Export Prices by Country
The average hydantoin export price stood at less than $X per ton in 2021, therefore, remained relatively stable against the previous year. In general, the export price saw a relatively flat trend pattern.
As there is only one major export destination, the average price level is determined by prices for Jordan.
From 2018 to 2021, the rate of growth in terms of prices for Jordan amounted to 0.0% per year.
Hydantoin Imports
Imports into Saudi Arabia
For the third consecutive year, Saudi Arabia recorded growth in supplies from abroad of hydantoin and its derivatives, which increased by 22% to X tons in 2014. Over the period under review, total imports indicated a significant expansion from 2012 to 2014: its volume increased at an average annual rate of +22.7% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2014 figures, imports increased by +50.6% against 2012 indices. The pace of growth was the most pronounced in 2013 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure in 2014 and are expected to retain growth in the immediate term.
In value terms, hydantoin imports skyrocketed to $X in 2014. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
India (X tons), the UK (X tons) and Switzerland (X tons) were the main suppliers of hydantoin imports to Saudi Arabia, with a combined 75% share of total imports.
From 2012 to 2014, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +45.0%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest hydantoin suppliers to Saudi Arabia were the UK ($X), India ($X) and Switzerland ($X), with a combined 72% share of total imports.
The UK, with a CAGR of +45.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 $X per ton in 2014, increasing by 31% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2014: its price increased at an average annual rate of +18.2% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2014 figures, hydantoin import price increased by +39.8% against 2012 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2014, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for India ($X per ton) was amongst the lowest.
From 2012 to 2014, the most notable rate of growth in terms of prices was attained by India (+23.2%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the hydantoin market in Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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