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

Contents:

  1. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Singapore (CIF) - 2023
  2. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Singapore (FOB) - 2022
  3. Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Singapore
  4. Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Singapore

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

The average import price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids stood at $613 per ton in September 2022, dropping by -35.9% against the previous month. Over the period under review, the import price continues to indicate a dramatic contraction. As a result, import price attained the peak level of $1,694 per ton. From July 2022 to September 2022, 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 Japan ($3,369 per ton), while the price for Malaysia ($153 per ton) was amongst the lowest.

From June 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids stood at $351 per ton in 2022, which is down by -12.7% against the previous year. In general, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2017 an increase of 115%. The export price peaked at $1,250 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brunei Darussalam ($2,677 per ton), while the average price for exports to Malaysia ($107 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+21.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of hydrogen chloride (hydrochloric acid); chlorosulphuric acids imported into Singapore soared to 11K tons, increasing by 85% compared with 2021. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids soared to $17M in 2022. Overall, imports posted a significant expansion. 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 Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/A0.10.67.8783.2%
Taiwan (Chinese)1.62.43.23.428.6%
Japan1.91.73.92.36.6%
United States1.31.91.81.79.4%
Malaysia1.20.90.70.8-12.6%
Thailand0.20.20.20.20.0%
India0.20.10.20.1-20.6%
Germany0.50.20.20.1-41.5%
Others0.40.20.30.3-9.1%
Total7.37.611.116.731.8%

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

  1. South Korea (5.8K tons)
  2. India (1.6K tons)
  3. Taiwan (Chinese) (1.5K tons)
  4. Japan (1.0K tons)
  5. Malaysia (0.3K tons)
  6. Thailand (0.2K tons)
  7. United States (0.1K tons)

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

Exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids from Singapore rose rapidly to 20K tons in 2022, growing by 8.6% compared with the previous year's figure. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids reduced to $7.1M in 2022. Over the period under review, exports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 13%.

Export of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia1,5781,2522,2262,0979.9%
Indonesia24673.286.3104-24.9%
Others6,6335,3005,1604,881-9.7%
Total8,4576,6257,4727,082-5.7%

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

  1. Malaysia (19.5K tons)
  2. Indonesia (0.2K tons)

Source: IndexBox Market Intelligence Platform

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