Price for Inorganic Acids; Other than Hydrogen Fluoride in Ecuador - 2022
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Ecuador (CIF) - 2022
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Ecuador (FOB) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Ecuador
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in Ecuador
Price for Inorganic Acids; Other than Hydrogen Fluoride in Ecuador (CIF) - 2022
The average import price for inorganic acids; other than hydrogen fluorides stood at $2,881 per ton in 2022, growing by 72% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $3,428 per ton in 2013; however, from 2014 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 the United States ($5,820 per ton), while the price for China ($2,570 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inorganic Acids; Other than Hydrogen Fluoride in Ecuador (FOB) - 2022
The average export price for inorganic acids; other than hydrogen fluorides stood at $1,167 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in 2017 an increase of 85% against the previous year. As a result, the export price attained the peak level of $7,696 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($2,421 per ton), while the average price for exports to the United States stood at $637 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+0.3%).
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Ecuador
In 2022, imports of inorganic acids; other than hydrogen fluorides into Ecuador declined significantly to 466 tons, dropping by -72.3% against the previous year's figure. Overall, imports, however, recorded strong growth. The growth pace was the most rapid in 2021 with an increase of 495% against the previous year. As a result, imports reached the peak of 1.7K tons, and then fell sharply in the following year.
In value terms, imports of inorganic acids; other than hydrogen fluorides shrank markedly to $1.3M in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 441% against the previous year. As a result, imports attained the peak of $2.8M, and then reduced rapidly in the following year.
| Import of Inorganic Acids; Other than Hydrogen Fluoride in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 550 | 319 | 322 | 1,000 | 22.1% |
| United Kingdom | 147 | 133 | 155 | 291 | 25.6% |
| Morocco | N/A | N/A | 2,284 | N/A | 0% |
| Others | 60.2 | 68.5 | 54.1 | 50.5 | -5.7% |
| Total | 757 | 520 | 2,816 | 1,342 | 21.0% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Ecuador in 2022:
- China (389.3 tons)
- United Kingdom (60.6 tons)
Exports of Inorganic Acids; Other than Hydrogen Fluoride in Ecuador
After three years of growth, shipments abroad of inorganic acids; other than hydrogen fluorides decreased by -0.5% to 192 kg in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 477%.
In value terms, exports of inorganic acids; other than hydrogen fluorides stood at $224 in 2022. The total export value increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Inorganic Acids; Other than Hydrogen Fluoride in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 98.0 | 5.0 | 137 | 138 | 12.1% |
| United States | 62.0 | 93.0 | 86.0 | 86.0 | 11.5% |
| Chile | N/A | 95.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 160 | 193 | 223 | 224 | 11.9% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Ecuador in 2022:
- United States (135.0 kg)
- Colombia (57.0 kg)
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