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Serbia - Hydantoin and Its Derivatives - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSerbia: Hydantoin Market 2024
Hydantoin Market Size in Serbia
The Serbian hydantoin market declined to $X in 2023, which is down by X% 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 recorded a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.
Hydantoin Exports
Exports from Serbia
In 2023, the amount of hydantoin and its derivatives exported from Serbia soared to X tons, jumping by X% against 2022 figures. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are expected to retain growth in the near future.
In value terms, hydantoin exports soared to $X in 2023. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked in 2023 and are likely to continue growth in years to come.
Exports by Country
Croatia (X tons) and Bosnia and Herzegovina (X tons) were the main destinations of hydantoin exports from Serbia.
From 2012 to 2023, the biggest increases were recorded for Bosnia and Herzegovina (with a CAGR of X%).
In value terms, Bosnia and Herzegovina ($X) and Croatia ($X) appeared to be the largest markets for hydantoin exported from Serbia worldwide.
Bosnia and Herzegovina, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.
Export Prices by Country
In 2023, the average hydantoin export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price saw a drastic downturn. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2023, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Croatia stood at $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%).
Hydantoin Imports
Imports into Serbia
In 2023, imports of hydantoin and its derivatives into Serbia amounted to X tons, growing by X% compared with 2022. Over the period under review, imports, however, showed a perceptible curtailment. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.
In value terms, hydantoin imports reached $X in 2023. Overall, imports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, Finland (X tons) constituted the largest hydantoin supplier to Serbia, with a X% share of total imports. Moreover, hydantoin imports from Finland exceeded the figures recorded by the second-largest supplier, Israel (X tons), threefold. China (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from Finland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (X% per year) and China (X% per year).
In value terms, Finland ($X) constituted the largest supplier of hydantoin and its derivatives to Serbia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Israel, with a X% share.
From 2012 to 2023, the average annual growth rate of value from Finland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Israel (X% per year).
Import Prices by Country
The average hydantoin import price stood at $X per ton in 2023, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The growth pace was the most rapid in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the hydantoin market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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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