Report Update: May 1, 2024

Colombia - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends And Insights

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Hydrogen Chloride Price in Colombia - 2022

Hydrogen Chloride Price in Colombia (FOB) - 2022

The average hydrogen chloride export price stood at $317 per ton in February 2022, which is down by -7.7% against the previous month. Over the period under review, export price indicated a slight expansion from February 2021 to February 2022: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, hydrogen chloride export price increased by +45.9% against July 2021 indices. The growth pace was the most rapid in September 2021 when the average export price increased by 15% m-o-m. The export price peaked at $343 per ton in January 2022, and then dropped in the following month.

Average prices varied noticeably for the major export markets. In February 2022, the countries with the highest prices were Trinidad and Tobago ($350 per ton) and Honduras ($330 per ton), while the average price for exports to the Dominican Republic ($302 per ton) and Venezuela ($313 per ton) were amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Hydrogen Chloride Price in Colombia (CIF) - 2022

The average hydrogen chloride import price stood at $1,822 per ton in 2022, rising by 38% against the previous year. In general, the import price, however, showed a abrupt decrease. The import price peaked at $5,685 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($3,303 per ton), while the price for the United States ($727 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+22.8%), while the prices for the other major suppliers experienced a decline.

Hydrogen Chloride Exports in Colombia

After three years of growth, overseas shipments of hydrogen chloride (hydrochloric acid) decreased by -0.4% to 9.1K tons in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 82% against the previous year.

In value terms, hydrogen chloride exports amounted to $2.4M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +26.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +104.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 79% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Export of Hydrogen Chloride in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Dominican Republic	187	224	395	384	27.1%
United States	281	550	390	373	9.9%
El Salvador	41.3	269	304	296	92.8%
Venezuela	238	154	300	292	7.1%
Costa Rica	101	212	251	244	34.2%
Honduras	17.2	104	201	195	124.6%
Nicaragua	6.7	316	144	140	175.4%
Haiti	111	106	78.8	91.3	-6.3%
Cuba	157	N/A	N/A	N/A	0%
Others	13.9	133	249	342	190.9%
Total	1,154	2,068	2,312	2,356	26.9%

Top Export Markets for Hydrogen Chloride from Colombia in 2022:

United States (1.6K tons)
Dominican Republic (1.5K tons)
El Salvador (1.2K tons)
Costa Rica (1.2K tons)
Venezuela (1.0K tons)
Honduras (0.9K tons)
Nicaragua (0.7K tons)
Haiti (0.4K tons)

Hydrogen Chloride Imports in Colombia

In 2022, supplies from abroad of hydrogen chloride (hydrochloric acid) decreased by -14% to 128 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a mild setback. The most prominent rate of growth was recorded in 2020 when imports increased by 52%. As a result, imports attained the peak of 207 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hydrogen chloride imports skyrocketed to $233K in 2022. The total import value increased at an average annual rate of +12.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 43% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Hydrogen Chloride in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	109	206	141	155	12.5%
Austria	9.8	0.5	24.7	25.5	37.5%
Spain	17.1	14.9	20.2	20.9	6.9%
Mexico	20.6	5.4	3.1	9.9	-21.7%
United States	2.1	3.7	1.2	2.4	4.6%
Others	2.9	0.4	5.4	19.5	88.7%
Total	162	231	196	233	12.9%

Top Suppliers of Hydrogen Chloride to Colombia in 2022:

Germany (158.2 tons)
Spain (11.9 tons)
Austria (7.7 tons)
Mexico (6.6 tons)
United States (3.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hydrogen chloride market in Colombia. 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 20132413 - Hydrogen chloride (hydrochloric acid)

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023