Report Update Nov 1, 2024

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

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Uruguay: Hydantoin Market 2024

Hydantoin Market Size in Uruguay

The Uruguayan hydantoin market reduced to $X in 2022, falling by -6.8% 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). Overall, consumption recorded a noticeable contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Hydantoin Exports

Exports from Uruguay

In 2022, shipments abroad of hydantoin and its derivatives decreased by 0% to X kg, falling for the third consecutive year after two years of decline. In general, exports showed a sharp curtailment. The smallest decline of -25% was in 2020. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydantoin exports rose sharply to $X in 2022. Over the period under review, exports faced a significant decline. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Paraguay (X kg) was the main destination for hydantoin exports from Uruguay, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay totaled -20.6%.

In value terms, Paraguay ($X) also remains the key foreign market for hydantoin and its derivatives exports from Uruguay.

From 2012 to 2022, the average annual growth rate of value to Paraguay stood at -10.1%.

Export Prices by Country

The average hydantoin export price stood at $X per ton in 2022, growing by 12% against the previous year. In general, the export price recorded prominent growth. The pace of growth was the most pronounced in 2021 an increase of 20%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +13.3% per year.

Hydantoin Imports

Imports into Uruguay

In 2022, approx. X tons of hydantoin and its derivatives were imported into Uruguay; with a decrease of -41.3% on the previous year. In general, imports saw a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of 119%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, hydantoin imports soared to $X in 2022. Over the period under review, imports, however, saw temperate growth. The pace of growth was the most pronounced in 2016 with an increase of 165%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) was the main supplier of hydantoin to Uruguay, accounting for a 91% share of total imports. Moreover, hydantoin imports from China exceeded the figures recorded by the second-largest supplier, India (X kg), more than tenfold. The United States (X kg) ranked third in terms of total imports with a 2.3% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+2.0% per year) and the United States (-35.4% per year).

In value terms, China ($X) constituted the largest supplier of hydantoin and its derivatives to Uruguay, comprising 94% of total imports. The second position in the ranking was held by India ($X), with a 5.4% share of total imports. It was followed by Brazil, with a 0.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+1.6% per year) and Brazil (-17.3% per year).

Import Prices by Country

The average hydantoin import price stood at $X per ton in 2022, growing by 181% against the previous year. In general, the import price saw a strong expansion. 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 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for the United States ($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 (+2.5%), while the prices for the other major suppliers experienced a decline.

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?

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 third position in this ranking was occupied by the United States, with an 8% share.

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

In value terms, China constituted the largest supplier of hydantoin to Uruguay, comprising 69% of total imports. The second position in the ranking was occupied by India, with a 26% share of total imports.

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

In value terms, Paraguay remains the key foreign market for hydantoin exports from Uruguay.

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

The average hydantoin export price stood at $5,373 per ton in 2020, shrinking by -36% against the previous year.

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

The average hydantoin import price stood at $7,178 per ton in 2021, shrinking by -22.3% against the previous year.

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

Uruguay

Data coverage:

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