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

Contents:

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

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

In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $409 per ton, falling by -11.5% against the previous year. Overall, the import price, however, showed perceptible growth. The most prominent rate of growth was recorded in 2014 an increase of 317% against the previous year. Over the period under review, average import prices attained the peak figure at $3,724 per ton in 2016; however, from 2017 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 India ($3,628 per ton), while the price for Kuwait ($366 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+35.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Iraq

In 2022, overseas purchases of inorganic acids; other than hydrogen fluorides decreased by -86.5% to 6.5 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 106%. As a result, imports attained the peak of 61 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of inorganic acids; other than hydrogen fluorides dropped markedly to $2.9K in 2022. Over the period under review, imports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 23%. As a result, imports attained the peak of $31K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Inorganic Acids; Other than Hydrogen Fluoride in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KuwaitN/AN/AN/A2.00%
Turkey0.518.55.80.66.3%
India17.2N/A1.00.3-74.1%
Belgium0.61.31.8N/A73.2%
ChinaN/A11.417.0N/A49.1%
Iran4.8N/AN/AN/A0%
Others2.1N/AN/AN/A0%
Total25.331.225.52.9-51.4%

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

  1. Kuwait (5.4 tons)
  2. Turkey (1.0 tons)
  3. India (0.1 tons)

Source: IndexBox Market Intelligence Platform

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