Hydantoin Market Overview in the United Kingdom
In value terms, hydantoin production stood at $988K in 2010 estimated in export prices. In general, hydantoin production, however, continues to indicate a deep drop. The growth pace was the most rapid in 2009 with a decrease of -10.8% against the previous year. Hydantoin production peaked at $1.4M in 2007; however, from 2008 to 2010, production remained at a lower figure.
The revenue of the hydantoin market in the UK amounted to $894K in 2010, going down by -5.1% 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). In general, hydantoin consumption continues to indicate a drastic drop. The pace of growth was the most pronounced in 2010 when the market value decreased by -5.1% year-to-year. Over the period under review, the hydantoin market attained its maximum level at $1.4M in 2007; however, from 2008 to 2010, consumption failed to regain its momentum.