Price for Inorganic Acids; Other than Hydrogen Fluoride in Argentina - 2023

Contents:

  1. Price for Inorganic Acids; Other than Hydrogen Fluoride in Argentina (CIF) - 2022
  2. Price for Inorganic Acids; Other than Hydrogen Fluoride in Argentina (FOB) - 2022
  3. Imports of Inorganic Acids; Other than Hydrogen Fluoride in Argentina
  4. Exports of Inorganic Acids; Other than Hydrogen Fluoride in Argentina

Price for Inorganic Acids; Other than Hydrogen Fluoride in Argentina (CIF) - 2022

In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $1,850 per ton, surging by 3.1% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for inorganic acids; other than hydrogen fluorides increased by +53.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 47%. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,829 per ton), while the price for Malaysia totaled $1,634 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Inorganic Acids; Other than Hydrogen Fluoride in Argentina (FOB) - 2022

The average export price for inorganic acids; other than hydrogen fluorides stood at $7,494 per ton in 2022, rising by 28% 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 2019 an increase of 47% against the previous year. As a result, the export price attained the peak level of $9,117 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +2.8% per year.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Argentina

In 2022, the amount of inorganic acids; other than hydrogen fluorides imported into Argentina surged to 2.1K tons, growing by 73% on the previous year. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of inorganic acids; other than hydrogen fluorides soared to $3.8M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Inorganic Acids; Other than Hydrogen Fluoride in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3707618582,95399.8%
Malaysia32045743463725.8%
Chile10915888.5N/A-9.9%
Others325402766240-9.6%
Total1,1231,7782,1463,82950.5%

Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Argentina in 2022:

  1. China (1614.1 tons)
  2. Malaysia (389.8 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Argentina

In 2022, exports of inorganic acids; other than hydrogen fluorides from Argentina reduced notably to 1.3 tons, with a decrease of -83.9% on the year before. In general, exports faced a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by 131% against the previous year.

In value terms, exports of inorganic acids; other than hydrogen fluorides shrank notably to $9.7K in 2022. Overall, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 84%.

Export of Inorganic Acids; Other than Hydrogen Fluoride in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay1.60.22.69.782.3%
Chile6.76.818.5N/A66.2%
Germany0.60.30.4N/A-18.4%
Uruguay30.09.30.3N/A-90.0%
Brazil48.18.824.7N/A-28.3%
Others1.10.20.4N/A-39.7%
Total88.125.546.99.7-52.1%

Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Argentina in 2022:

  1. Paraguay (1.3 tons)

Source: IndexBox Market Intelligence Platform

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