Price for Inorganic Acids; Other than Hydrogen Fluoride in Bahrain - 2022

Contents:

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

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

In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $1,469 per ton, picking up by 7.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 69% against the previous year. The import price peaked at $1,811 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($21,850 per ton), while the price for China ($682 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+16.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for inorganic acids; other than hydrogen fluorides stood at $684 per ton in 2022, surging by 19% against the previous year. Over the period under review, the export price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices hit record highs at $1,370 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Turkey ($2,500 per ton), while the average price for exports to China stood at $200 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-9.2%).

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Bahrain

In 2022, approx. 52 tons of inorganic acids; other than hydrogen fluorides were imported into Bahrain; picking up by 128% against the previous year. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of inorganic acids; other than hydrogen fluorides skyrocketed to $76K in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. India (50.0 tons)
2. United States (1.1 tons)
3. China (0.6 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Bahrain

For the third year in a row, Bahrain recorded decline in overseas shipments of inorganic acids; other than hydrogen fluorides, which decreased by -90.1% to 19 kg in 2022. Overall, exports faced a sharp descent. The smallest decline of -20.1% was in 2020.

In value terms, exports of inorganic acids; other than hydrogen fluorides declined dramatically to $13 in 2022. In general, exports recorded a sharp shrinkage. The smallest decline of -6.8% was in 2021.

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

1. China (15.0 kg)
2. Turkey (4.0 kg)

Source: IndexBox Market Intelligence Platform