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

Contents:

  1. Price for Inorganic Acids; Other than Hydrogen Fluoride in Ethiopia (CIF) - 2022
  2. Imports of Inorganic Acids; Other than Hydrogen Fluoride in Ethiopia

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

In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $4,021 per ton, standing approx. at the previous year. Over the period under review, the import price recorded a noticeable slump. The pace of growth appeared the most rapid in 2020 an increase of 77% against the previous year. As a result, import price reached the peak level of $7,974 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +49.9% per year.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Ethiopia

In 2022, after three years of growth, there was significant decline in purchases abroad of inorganic acids; other than hydrogen fluorides, when their volume decreased by -87.7% to 287 kg. Over the period under review, imports showed a dramatic setback. The growth pace was the most rapid in 2020 when imports increased by 217%.

In value terms, imports of inorganic acids; other than hydrogen fluorides plummeted to $1.2K in 2022. In general, imports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2020 with an increase of 461%. As a result, imports reached the peak of $17K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Inorganic Acids; Other than Hydrogen Fluoride in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.815.90.71.214.5%
ChinaN/AN/A1.6N/A0%
South Africa1.0N/AN/AN/A0%
NetherlandsN/AN/A7.2N/A0%
Others1.31.4N/AN/A7.7%
Total3.117.29.41.2-27.1%

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

  1. India (287.0 kg)

Source: IndexBox Market Intelligence Platform

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