Price for Inorganic Acids; Other than Hydrogen Fluoride in Brazil - 2024
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Brazil (CIF) - 2022
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Brazil (FOB) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Brazil
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in Brazil
Price for Inorganic Acids; Other than Hydrogen Fluoride in Brazil (CIF) - 2022
The average import price for inorganic acids; other than hydrogen fluorides stood at $2,841 per ton in 2022, increasing by 53% against the previous year. Over the period under review, the import price continues to indicate a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,659 per ton), while the price for India ($871 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inorganic Acids; Other than Hydrogen Fluoride in Brazil (FOB) - 2022
In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $4,137 per ton, surging by 33% against the previous year. In general, the export price posted buoyant growth. The pace of growth was the most pronounced in 2017 an increase of 139%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,204 per ton), while the average price for exports to Peru ($2,204 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 Chile (+28.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Brazil
In 2022, approx. 13K tons of inorganic acids; other than hydrogen fluorides were imported into Brazil; falling by -21% against 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, imports attained the peak of 17K tons, and then dropped significantly in the following year.
In value terms, imports of inorganic acids; other than hydrogen fluorides surged to $37M in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 143%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Inorganic Acids; Other than Hydrogen Fluoride in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.6 | 5.4 | 21.1 | 26.7 | 52.0% |
Malaysia | 2.9 | 3.9 | 6.3 | 6.0 | 27.4% |
Israel | 0.6 | 0.3 | 0.4 | 1.7 | 41.5% |
United States | 0.6 | 0.7 | 0.7 | 0.8 | 10.1% |
India | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
Taiwan (Chinese) | 0.6 | 0.3 | 0.1 | N/A | -59.2% |
Others | 2.5 | 1.8 | 2.2 | 2.0 | -7.2% |
Total | 15.1 | 12.7 | 30.9 | 37.3 | 35.2% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Brazil in 2022:
- China (7.3K tons)
- Malaysia (4.5K tons)
- Israel (0.5K tons)
- India (0.3K tons)
- United States (0.3K tons)
Exports of Inorganic Acids; Other than Hydrogen Fluoride in Brazil
In 2022, shipments abroad of inorganic acids; other than hydrogen fluorides increased by 4.5% to 43 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a precipitous decline.
In value terms, exports of inorganic acids; other than hydrogen fluorides soared to $178K in 2022. Overall, exports, however, recorded a deep setback.
Export of Inorganic Acids; Other than Hydrogen Fluoride in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Paraguay | 106 | 79.6 | 16.8 | 96.1 | -3.2% |
Argentina | 18.1 | 10.2 | 70.6 | 32.0 | 20.9% |
Chile | N/A | 0.9 | N/A | 21.6 | 389.9% |
United States | 0.2 | N/A | 1.1 | 17.3 | 342.3% |
Bolivia | 18.9 | 12.1 | 34.3 | 2.9 | -46.5% |
Peru | 0.3 | N/A | N/A | 1.4 | 67.1% |
China | 84.7 | N/A | N/A | N/A | 0% |
Others | 2.9 | 3.7 | 5.4 | 6.8 | 32.9% |
Total | 231 | 107 | 128 | 178 | -8.3% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Brazil in 2022:
- Paraguay (24.8 tons)
- Argentina (6.4 tons)
- Chile (5.7 tons)
- United States (3.3 tons)
- Bolivia (1.0 tons)
- Peru (0.6 tons)
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The price of Hydrogen Fluoride in June 2023 was $1,480 per ton (CIF, Brazil), showing a decrease of -3.1% compared to the previous month.