Saudi Arabia: Hydantoin Market 2025

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%).

Source: IndexBox Platform

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