Report Update Jan 1, 2025

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

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Sri Lanka: Hydantoin Market 2025

Hydantoin Market Size in Sri Lanka

The Sri Lankan hydantoin market shrank dramatically to $X in 2022, which is down by -17.3% 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). In general, consumption showed a mild reduction. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Hydantoin Exports

Exports from Sri Lanka

In 2019, the amount of hydantoin and its derivatives exported from Sri Lanka totaled X kg, remaining stable against the previous year. Over the period under review, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2018. Over the period under review, the exports hit record highs in 2019 and are expected to retain growth in years to come.

In value terms, hydantoin exports stood at $X in 2019. In general, exports showed significant growth. The smallest decline of 99.9% was in 2018. The exports peaked in 2019 and are expected to retain growth in the immediate term.

Exports by Country

Bangladesh (X kg) was the main destination for hydantoin exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2017 to 2019, the average annual growth rate of volume to Bangladesh stood at +477.4%.

From 2017 to 2019, the average annual growth rate of value to Bangladesh totaled +485.0%.

Export Prices by Country

The average hydantoin export price stood at $X per ton in 2019, leveling off at the previous year. In general, the export price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2018 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2019 and is expected to retain growth in years to come.

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

From 2017 to 2019, the rate of growth in terms of prices for Bangladesh amounted to +1.3% per year.

Hydantoin Imports

Imports into Sri Lanka

In 2022, hydantoin imports into Sri Lanka contracted significantly to X tons, waning by -23.6% on 2021 figures. Over the period under review, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of 27%. Over the period under review, imports hit record highs at X tons in 2021, and then contracted notably in the following year.

In value terms, hydantoin imports reduced to $X in 2022. Overall, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2015 with an increase of 22%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest hydantoin supplier to Sri Lanka, accounting for a 65% share of total imports. Moreover, hydantoin imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume from India stood at +70.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.6% per year) and Israel (+9.8% per year).

In value terms, India ($X) constituted the largest supplier of hydantoin and its derivatives to Sri Lanka, comprising 66% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +65.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.5% per year) and Israel (+7.5% per year).

Import Prices by Country

The average hydantoin import price stood at $X per ton in 2022, growing by 12% against the previous year. In general, the import price, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 22% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.7%), 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 United States ranked third in terms of total production with an 8% share.

What are the leading suppliers of hydantoin and its derivatives to Sri Lanka?

In value terms, the largest hydantoin suppliers to Sri Lanka were China, Switzerland and the United States, together accounting for 71% of total imports. India, Singapore and Indonesia lagged somewhat behind, together accounting for a further 20%.

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

In 2019, the average hydantoin export price amounted to $34,910 per ton, leveling off at the previous year.

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

In 2021, the average hydantoin import price amounted to $3,565 per ton, standing approx. at the previous year.

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

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024