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

Contents:

  1. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Kuwait (CIF) - 2022
  2. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Kuwait (FOB) - 2022
  3. Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Kuwait
  4. Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Kuwait

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

The average import price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids stood at $292 per ton in 2022, rising by 3.2% against the previous year. Over the period under review, the import price recorded a strong expansion. The pace of growth was the most pronounced in 2019 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($294 per ton), while the price for the United Arab Emirates totaled $137 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+8.5%).

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

The average export price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids stood at $286 per ton in 2022, surging by 189% against the previous year. Overall, the export price posted a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($298 per ton), while the average price for exports to Iraq ($88 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+29.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids into Kuwait fell markedly to 16K tons, which is down by -46.9% compared with 2021. Overall, imports recorded a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. As a result, imports attained the peak of 30K tons, and then reduced remarkably in the following year.

In value terms, imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids fell notably to $4.7M in 2022. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports attained the peak of $8.6M, and then contracted significantly in the following year.

Import of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Kuwait (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia6.36.28.44.7-9.3%
United Arab Emirates0.1N/A0.2N/A41.4%
Others0.2N/AN/AN/A0%
Total6.66.38.64.7-10.7%

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

  1. Saudi Arabia (15.9K tons)
  2. United Arab Emirates (0.2K tons)

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

In 2022, overseas shipments of hydrogen chloride (hydrochloric acid); chlorosulphuric acids decreased by -74.1% to 1.6K tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,393%. As a result, the exports reached the peak of 21K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids reduced notably to $470K in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,284%. As a result, the exports reached the peak of $2.3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JamaicaN/AN/AN/A3250%
SpainN/AN/AN/A60.60%
FranceN/AN/AN/A48.50%
Ghana73.2N/AN/A27.9-27.5%
Iraq0.2N/A13.98.6250.3%
Saudi Arabia3.52,184597N/A1206.0%
Bahrain63.91163.5N/A-76.6%
Others26.819.212.0N/A-33.1%
Total1682,32062647040.9%

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

  1. Jamaica (1087.4 tons)
  2. Spain (203.0 tons)
  3. France (162.4 tons)
  4. Iraq (98.1 tons)
  5. Ghana (93.4 tons)

Source: IndexBox Market Intelligence Platform

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