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

Contents:

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

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

In 2022, the average import price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids amounted to $1,897 per ton, jumping by 76% against the previous year. Overall, the import price, however, showed a perceptible slump. Over the period under review, average import prices reached the peak figure at $2,706 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($2,178 per ton), while the price for India amounted to $1,747 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+9.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids amounted to $641 per ton, jumping by 48% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 51%. Over the period under review, the average export prices reached the maximum at $1,074 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +0.4% per year.

Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Sri Lanka

Imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids into Sri Lanka declined markedly to 353 tons in 2022, falling by -39.6% against the previous year. Over the period under review, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 584 tons, and then fell dramatically in the following year.

In value terms, imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids expanded remarkably to $670K in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3112552464008.8%
Pakistan2292062782573.9%
Bangladesh39.245.167.3N/A31.0%
Others26.119.841.013.0-20.7%
Total6055266326703.5%

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

  1. India (229.0 tons)
  2. Pakistan (118.0 tons)

Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Sri Lanka

In 2022, shipments abroad of hydrogen chloride (hydrochloric acid); chlorosulphuric acids decreased by -21.2% to 16 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 134% against the previous year. As a result, the exports reached the peak of 51 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids soared to $10K in 2022. In general, exports showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of 82% against the previous year. As a result, the exports attained the peak of $21K. 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 Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives11.420.98.710.3-3.3%
Others0.20.10.1N/A-29.3%
Total11.521.08.810.3-3.6%

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

  1. Maldives (16.0 tons)

Source: IndexBox Market Intelligence Platform

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