Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in South Africa - 2024

Contents:

1. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in South Africa (CIF) - 2024
2. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in South Africa (FOB) - 2022
3. Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in South Africa
4. Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in South Africa

Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in South Africa (CIF) - 2024

In July 2023, the average import price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids amounted to $95.7 per ton, with a decrease of -41.1% against the previous month. In general, the import price, however, recorded a slight expansion. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 309% m-o-m. As a result, import price reached the peak level of $455 per ton. From May 2023 to July 2023, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Egypt ($123 per ton), while the price for India totaled $86.0 per ton.

From January 2023 to July 2023, the most notable rate of growth in terms of prices was attained by India (+0.4%).

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

The average export price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids stood at $686 per ton in 2022, with an increase of 43% against the previous year. Over the period under review, the export price continues to indicate strong growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 79%. The export price peaked in 2022 and is expected to retain growth in years to come.

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 Democratic Republic of the Congo ($937 per ton), while the average price for exports to Nigeria ($153 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 Zimbabwe (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in South Africa

In 2022, imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids into South Africa shrank rapidly to 13K tons, waning by -39.2% compared with 2021 figures. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 2,475% against the previous year. As a result, imports attained the peak of 22K tons, and then contracted dramatically in the following year.

In value terms, imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids contracted dramatically to $2.8M in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 906%. As a result, imports attained the peak of $5.6M, and then dropped sharply in the following year.

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

1. India (10.5K tons)
2. Egypt (2.2K tons)
3. Portugal (0.4K tons)

Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in South Africa

In 2022, the amount of hydrogen chloride (hydrochloric acid); chlorosulphuric acids exported from South Africa shrank dramatically to 3K tons, declining by -35.4% against the previous year. Overall, exports faced a dramatic decrease. The smallest decline of -0.2% was in 2021.

In value terms, exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids declined to $2.1M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 78% against the previous year. As a result, the exports reached the peak of $2.3M, and then dropped in the following year.

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

1. Zimbabwe (1327.2 tons)
2. Mozambique (353.8 tons)
3. Botswana (344.7 tons)
4. Democratic Republic of the Congo (254.6 tons)
5. Zambia (237.6 tons)
6. Namibia (222.3 tons)
7. Malawi (118.3 tons)
8. Ghana (25.8 tons)
9. Nigeria (10.9 tons)
10. Angola (3.2 tons)

Source: IndexBox Market Intelligence Platform