Price for Inorganic Acids; Other than Hydrogen Fluoride in Finland - 2023
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Finland (FOB) - 2023
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Finland (CIF) - 2022
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in Finland
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Finland
Price for Inorganic Acids; Other than Hydrogen Fluoride in Finland (FOB) - 2023
The average export price for inorganic acids; other than hydrogen fluorides stood at $243 per ton in August 2023, almost unchanged from the previous month. Over the last ten-month period, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in January 2023 an increase of 6.2% against the previous month. The export price peaked in August 2023.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From October 2022 to August 2023, the rate of growth in terms of prices for Sweden amounted to +2.0% per month.
Price for Inorganic Acids; Other than Hydrogen Fluoride in Finland (CIF) - 2022
The average import price for inorganic acids; other than hydrogen fluorides stood at $1,295 per ton in 2022, with an increase of 17% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.5% 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 +89.6% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 34%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($2,401 per ton), while the price for China ($981 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Inorganic Acids; Other than Hydrogen Fluoride in Finland
In 2022, the amount of inorganic acids; other than hydrogen fluorides exported from Finland expanded remarkably to 1.8K tons, surging by 5.2% against the previous year. In general, exports, however, showed a mild downturn. The pace of growth was the most pronounced in 2020 when exports increased by 6.7% against the previous year. As a result, the exports attained the peak of 2K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of inorganic acids; other than hydrogen fluorides soared to $4.5M in 2022. The total export value increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Inorganic Acids; Other than Hydrogen Fluoride in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 3.6 | 3.7 | 3.7 | 4.5 | 7.7% |
| Others | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Total | 3.6 | 3.7 | 3.9 | 4.5 | 7.7% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Finland in 2022:
- Sweden (1801.6 tons)
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Finland
In 2022, approx. 2.1K tons of inorganic acids; other than hydrogen fluorides were imported into Finland; picking up by 134% against the year before. In general, imports continue to indicate 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 soared to $2.8M in 2022. Overall, imports continue to indicate a significant increase. 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 Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 91.8 | 57.3 | 88.0 | 1,423 | 149.3% |
| Lithuania | 3.0 | 3.0 | 387 | 390 | 406.6% |
| Indonesia | 462 | 320 | 326 | 363 | -7.7% |
| Germany | 21.3 | 52.8 | 63.3 | 331 | 149.5% |
| Sweden | 31.7 | 44.0 | 28.7 | 50.6 | 16.9% |
| Others | 65.7 | 26.0 | 112 | 195 | 43.7% |
| Total | 676 | 503 | 1,005 | 2,753 | 59.7% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Finland in 2022:
- China (1450.5 tons)
- Indonesia (219.9 tons)
- Germany (185.2 tons)
- Lithuania (176.7 tons)
- Sweden (21.1 tons)
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