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

Contents:

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

Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Thailand (FOB) - 2024

In September 2023, the average export price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids amounted to $380 per ton, with an increase of 272% against the previous month. Overall, the export price enjoyed buoyant growth. 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 foreign markets. In September 2023, the country with the highest price was Australia ($1,800 per ton), while the average price for exports to Lao People's Democratic Republic ($95.0 per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+21.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids stood at $866 per ton in 2022, with an increase of 13% against the previous year. In general, the import price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 51% against the previous year. Over the period under review, average import prices reached the peak figure at $2,572 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,874 per ton), while the price for China ($381 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of hydrogen chloride (hydrochloric acid); chlorosulphuric acids exported from Thailand fell to 13K tons, waning by -6.2% against 2021. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 105%. As a result, the exports reached the peak of 14K tons, and then declined in the following year.

In value terms, exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids shrank modestly to $2.3M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.2% 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 +59.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. As a result, the exports reached the peak of $2.4M, and then reduced in the following year.

Export of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia10214158370790.7%
Lao People's Democratic Republic634492823494-8.0%
Australia29927636548917.8%
Singapore1702231981700.0%
Papua New Guinea255193206127-20.7%
New Zealand20.624.241.759.142.1%
Others19492.320125910.1%
Total1,6751,4422,4182,30411.2%

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

  1. Cambodia (8.9K tons)
  2. Lao People's Democratic Republic (3.0K tons)
  3. Papua New Guinea (0.5K tons)
  4. Australia (0.3K tons)
  5. Singapore (0.2K tons)
  6. New Zealand (0.2K tons)

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

In 2022, approx. 1.5K tons of hydrogen chloride (hydrochloric acid); chlorosulphuric acids were imported into Thailand; which is down by -12.8% on the previous year. Over the period under review, imports recorded a abrupt curtailment. The smallest decline of -10% was in 2020.

In value terms, imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids shrank slightly to $1.3M in 2022. In general, imports continue to indicate a noticeable descent.

Import of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3556695444548.5%
Japan20821826929412.2%
Germany395341170274-11.5%
South Korea13.952.285.2114101.7%
Taiwan (Chinese)41833.042.016.9-65.7%
Others89.537.218412712.4%
Total1,4791,3501,2941,280-4.7%

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

  1. China (1191.2 tons)
  2. Japan (129.8 tons)
  3. South Korea (61.1 tons)
  4. Germany (39.9 tons)
  5. Taiwan (Chinese) (14.4 tons)

Source: IndexBox Market Intelligence Platform

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