Hydantoin Market Overview in Denmark
In value terms, hydantoin production amounted to $347 in 2010 estimated in export prices. The total output value increased at an average annual rate of +11.4% over the period from 2007 to 2010; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 when production volume increased by 11% against the previous year. Over the period under review, hydantoin production attained its maximum level in 2010 and is likely to continue its growth in the immediate term.
The revenue of the hydantoin market in Denmark amounted to $16K in 2010, lowering by -52.5% 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). Over the period under review, hydantoin consumption continues to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2009 with an increase of 40% y-o-y. Hydantoin consumption peaked at $87K in 2007; however, from 2008 to 2010, consumption stood at a somewhat lower figure.