Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Bahrain - 2022

Contents:

  1. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Bahrain (CIF) - 2022
  2. Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Bahrain

Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Bahrain (CIF) - 2022

The average import price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids stood at $667 per ton in 2022, falling by -3.7% against the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2015 when the average import price increased by 103% against the previous year. The import price peaked at $4,704 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Saudi Arabia ($3,466 per ton), while the price for Kuwait stood at $305 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.6%), while the prices for the other major suppliers experienced a decline.

Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Bahrain

In 2022, imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids into Bahrain expanded significantly to 2.6K tons, surging by 6.6% compared with 2021. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 53% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids expanded modestly to $1.8M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia7397689471,02711.6%
Kuwait19139772871255.1%
Others34.437.840.120.8-15.4%
Total9641,2031,7151,76022.2%

Top Suppliers of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid to Bahrain in 2022:

  1. Kuwait (2338.2 tons)
  2. Saudi Arabia (296.2 tons)

Source: IndexBox Market Intelligence Platform

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