Hydantoin Market Overview in Switzerland
In value terms, hydantoin production amounted to $3M in 2010 estimated in export prices. The total output value increased at an average annual rate of +1.0% over the period from 2007 to 2010; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of 16% year-to-year. In that year, hydantoin production reached its peak level and is likely to continue its growth in the immediate term.
The revenue of the hydantoin market in Switzerland amounted to $1.3M in 2010, picking up by 4.7% 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, hydantoin consumption continues to indicate an abrupt setback. The growth pace was the most rapid in 2010 when the market value increased by 4.7% y-o-y. Over the period under review, the hydantoin market reached its peak figure level at $1.7M in 2008; however, from 2009 to 2010, consumption remained at a lower figure.