Hydantoin Market Overview in Japan
In value terms, hydantoin production stood at $87M in 2010 estimated in export prices. In general, hydantoin production continues to indicate a mild drop. The growth pace was the most rapid in 2009 when production volume increased by 4.1% against the previous year. Over the period under review, hydantoin production reached its peak figure level at $91M in 2007; however, from 2008 to 2010, production failed to regain its momentum.
The revenue of the hydantoin market in Japan amounted to $18M in 2010, going down by -9.1% 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, hydantoin consumption continues to indicate a deep deduction. The pace of growth appeared the most rapid in 2008 when the market value decreased by -4.1% against the previous year. Hydantoin consumption peaked at $22M in 2007; however, from 2008 to 2010, consumption failed to regain its momentum.