Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Denmark - 2023

Contents:

  1. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Denmark (CIF) - 2023
  2. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Denmark (FOB) - 2023
  3. Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Denmark
  4. Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Denmark

Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Denmark (CIF) - 2023

In August 2023, the average import price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids amounted to $597 per ton, with an increase of 22% against the previous month. Over the period under review, import price indicated a buoyant expansion from November 2022 to August 2023: its price increased at an average monthly rate of +10.1% over the last nine months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, import price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids increased by +38.6% against June 2023 indices. The growth pace was the most rapid in January 2023 an increase of 81% against the previous month. As a result, import price reached the peak level of $720 per ton. From February 2023 to August 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($18,538 per ton), while the price for Norway amounted to $757 per ton.

From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Denmark (FOB) - 2023

The average export price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids stood at $453 per ton in August 2023, jumping by 92% against the previous month. In general, the export price saw strong growth. The growth pace was the most rapid in January 2023 an increase of 99.9% month-to-month. The export price peaked at $706 per ton in April 2023; however, from May 2023 to August 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Norway.

From November 2022 to August 2023, the rate of growth in terms of prices for Sweden amounted to +21.4% per month.

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

In 2022, supplies from abroad of hydrogen chloride (hydrochloric acid); chlorosulphuric acids decreased by -2.8% to 41K tons, falling for the second consecutive year after two years of growth. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 2.9%. As a result, imports reached the peak of 57K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids soared to $7.6M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.3% 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 +78.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.43.94.95.718.8%
Sweden0.20.10.10.535.7%
FinlandN/AN/AN/A0.40%
Norway0.20.1N/A0.426.0%
Belgium0.30.40.10.1-30.7%
Others0.20.60.20.535.7%
Total4.35.15.37.620.9%

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

  1. Germany (36.0K tons)
  2. Norway (2.3K tons)
  3. Finland (1.1K tons)
  4. Sweden (0.9K tons)
  5. Belgium (0.2K tons)

Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Denmark

In 2022, shipments abroad of hydrogen chloride (hydrochloric acid); chlorosulphuric acids decreased by -14.1% to 18K tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2020 when exports increased by 54%. As a result, the exports reached the peak of 32K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids fell sharply to $3M in 2022. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 86% against the previous year. As a result, the exports reached the peak of $7.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway3.64.03.31.9-19.2%
SpainN/AN/AN/AN/A0%
United KingdomN/A3.1N/AN/A0%
Others0.30.20.30.944.2%
Total3.97.33.63.0-8.4%

Top Export Markets for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid from Denmark in 2022:

  1. Norway (14.1K tons)
  2. Spain (0.5K tons)
  3. United Kingdom (0.1K tons)

Source: IndexBox Market Intelligence Platform

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