Saudi Arabia - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydrogen Chloride Price in Saudi Arabia - 2021
Contents:
- Hydrogen Chloride Price in Saudi Arabia (FOB) - 2022
- Hydrogen Chloride Price in Saudi Arabia (CIF) - 2022
- Hydrogen Chloride Exports in Saudi Arabia
- Hydrogen Chloride Imports in Saudi Arabia
Hydrogen Chloride Price in Saudi Arabia (FOB) - 2022
The average hydrogen chloride export price stood at less than $0.1 per ton in 2022, which is down by 99.9% against the previous year. Over the period under review, the export price, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2019 an increase of 44% against the previous year. Over the period under review, the average export prices attained the maximum at $242 per ton in 2021, and then contracted rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($250 per ton), while the average price for exports to Bahrain amounted to $160 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.
Hydrogen Chloride Price in Saudi Arabia (CIF) - 2022
The average hydrogen chloride import price stood at $152 per ton in 2020, declining by -17.4% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 188%. As a result, import price attained the peak level of $1,097 per ton. From 2015 to 2020, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Kuwait.
From 2012 to 2020, the rate of growth in terms of prices for Kuwait amounted to -2.9% per year.
Hydrogen Chloride Exports in Saudi Arabia
In 2021, the amount of hydrogen chloride (hydrochloric acid) exported from Saudi Arabia skyrocketed to 35K tons, picking up by 36% on the previous year. The total export volume increased at an average annual rate of +10.4% over the period from 2019 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, hydrogen chloride exports surged to $8.4M in 2021. Overall, total exports indicated a prominent expansion from 2019 to 2021: its value increased at an average annual rate of +16.9% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Hydrogen Chloride in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 5.4 | 5.1 | 7.4 | 6.4 | 5.8% |
| Bahrain | 0.7 | 0.7 | 0.9 | 0.7 | 0.0% |
| Others | N/A | N/A | 0.1 | -7.1 | -7200.0% |
| Total | 6.1 | 5.8 | 8.4 | N/A | 17.3% |
Top Export Markets for Hydrogen Chloride from Saudi Arabia in 2022:
- Kuwait (25.4K tons)
- Bahrain (4.6K tons)
Hydrogen Chloride Imports in Saudi Arabia
In 2020, the amount of hydrogen chloride (hydrochloric acid) imported into Saudi Arabia soared to 19K tons, picking up by 17% on the year before. The total import volume increased at an average annual rate of +16.8% from 2019 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, hydrogen chloride imports reduced to $2.9M in 2020. Overall, imports, however, recorded a noticeable setback.
| Import of Hydrogen Chloride in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Kuwait | N/A | 2.0 | 0% | ||
| Jordan | 1.8 | N/A | 0% | ||
| Others | 1.2 | 0.9 | -25.0% | ||
| Total | 3.0 | 2.9 | -3.3% | ||
Top Suppliers of Hydrogen Chloride to Saudi Arabia in 2022:
- Kuwait (18.8K tons)
This report provides an in-depth analysis of the hydrogen chloride market in Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, hydrogen, rare gases and other non-metals imports amounted to $X in 2016. Overall, it indicated a modest increase from 2007 to 2016: the total imports value increased at an average a...
944
In value terms, hydrogen peroxide imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern remained relatively stable...
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In value terms, hydrogen, rare gases and other non-metals exports totaled $X in 2016. Overall, it indicated a pronounced growth from 2007 to 2016: the total exports value increased at an average ann...
2167
In value terms, hydrogen peroxide exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some notice...
