Price for Inorganic Acids; Other than Hydrogen Fluoride in Germany - 2023

Contents:

  1. Price for Inorganic Acids; Other than Hydrogen Fluoride in Germany (CIF) - 2023
  2. Price for Inorganic Acids; Other than Hydrogen Fluoride in Germany (FOB) - 2022
  3. Imports of Inorganic Acids; Other than Hydrogen Fluoride in Germany
  4. Exports of Inorganic Acids; Other than Hydrogen Fluoride in Germany

Price for Inorganic Acids; Other than Hydrogen Fluoride in Germany (CIF) - 2023

The average import price for inorganic acids; other than hydrogen fluorides stood at $1,092 per ton in October 2023, which is down by -12.5% against the previous month. Overall, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 28% month-to-month. Over the period under review, average import prices hit record highs at $2,728 per ton in November 2022; however, from December 2022 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Israel ($4,905 per ton), while the price for Taiwan (Chinese) ($585 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $2,799 per ton, approximately reflecting the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for inorganic acids; other than hydrogen fluorides decreased by -4.2% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 29%. As a result, the export price reached the peak level of $2,922 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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 Japan ($5,643 per ton), while the average price for exports to Belgium ($751 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 Japan (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Germany

In 2022, approx. 32K tons of inorganic acids; other than hydrogen fluorides were imported into Germany; which is down by -3% against 2021 figures. Over the period under review, imports continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 13%.

In value terms, imports of inorganic acids; other than hydrogen fluorides soared to $67M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.6% against 2020 indices. 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 Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8.28.312.418.731.6%
Taiwan (Chinese)8.55.85.910.26.3%
Belgium5.43.76.89.119.0%
China3.83.03.46.016.4%
France4.44.14.05.910.3%
Israel0.22.84.15.3198.1%
Russia0.41.02.51.968.1%
Spain1.62.12.31.72.0%
Austria0.40.40.51.140.1%
Indonesia0.50.60.81.026.0%
Slovenia1.30.90.90.9-11.5%
Italy0.20.10.30.20.0%
Others3.85.34.15.513.1%
Total38.638.047.967.520.5%

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

  1. Netherlands (6.6K tons)
  2. Taiwan (Chinese) (6.0K tons)
  3. France (5.2K tons)
  4. Belgium (4.4K tons)
  5. China (2.9K tons)
  6. Russia (1.3K tons)
  7. Israel (1.1K tons)
  8. Spain (0.7K tons)
  9. Indonesia (0.6K tons)
  10. Slovenia (0.5K tons)
  11. Austria (0.5K tons)
  12. Italy (0.3K tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Germany

Exports of inorganic acids; other than hydrogen fluorides from Germany skyrocketed to 19K tons in 2022, increasing by 33% compared with 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 96%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of inorganic acids; other than hydrogen fluorides surged to $54M in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Inorganic Acids; Other than Hydrogen Fluoride in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.82.010.424.6139.1%
Italy1.24.32.65.768.1%
United Kingdom0.40.73.04.0115.4%
Spain0.81.11.92.851.8%
Austria0.70.80.91.939.5%
Netherlands0.40.71.01.658.7%
China1.11.21.51.510.9%
Brazil1.11.11.51.48.4%
Switzerland0.91.00.81.415.9%
Belgium0.80.60.60.94.0%
Japan0.30.22.20.30.0%
Others5.78.114.68.112.4%
Total15.321.741.054.252.4%

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

  1. United States (9.4K tons)
  2. United Kingdom (2.0K tons)
  3. Italy (1.9K tons)
  4. Belgium (1.2K tons)
  5. Spain (1.0K tons)
  6. China (0.6K tons)
  7. Austria (0.5K tons)
  8. Netherlands (0.4K tons)
  9. Switzerland (0.4K tons)
  10. Brazil (0.2K tons)
  11. Japan (0.1K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Inorganic acids; other than hydrogen fluoride - Germany