In 2023, China led global hydantoin exports with 9.7484 million kilograms and a positive growth of 3.28%. The United States and Belgium followed, though with declining exports by 4.89% and 0.58%, respectively. Germany, Finland, and Spain showed modest year-on-year growth, while Indonesia and Malaysia experienced significant declines. Emerging markets like Thailand and Greece showed notable growth rates of 6.79% and 9.6%, respectively, highlighting potential new players in the industry.
Future trends to monitor include the growing focus on Asia-Pacific regions, with increasing contributions from countries like India and Thailand, and potential shifts in supply chains due to geopolitical factors and environmental regulations.
Top countries in Export of Hydantoin by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 9,748,400 | 2023 | +2.66% | +3.28% | View data |
| 2 | 2 United States | 1,629,300 | 2023 | -4.96% | -4.89% | View data |
| 3 | 3 Belgium | 1,354,200 | 2023 | -0.073% | -0.58% | View data |
| 4 | 4 Germany | 999,840 | 2023 | +1.85% | +2.86% | View data |
| 5 | 5 Finland | 944,500 | 2023 | +5.94% | +0.92% | View data |
| 6 | 6 Spain | 880,930 | 2023 | +2.26% | +1.38% | View data |
| 7 | 7 India | 760,230 | 2023 | +1.08% | +2.01% | View data |
| 8 | 8 Netherlands | 729,870 | 2023 | +3.59% | +5.21% | View data |
| 9 | 9 Switzerland | 113,810 | 2023 | +1% | -0.95% | View data |
| 10 | 10 United Kingdom | 97,580 | 2023 | -19.39% | -18.89% | View data |
