Price for Inorganic Acids; Other than Hydrogen Fluoride in Italy - 2023
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Italy (FOB) - 2022
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in Italy
Price for Inorganic Acids; Other than Hydrogen Fluoride in Italy (FOB) - 2022
The average export price for inorganic acids; other than hydrogen fluorides stood at $1,669 per ton in 2022, rising by 29% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% 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 increased by +83.1% against 2018 indices. The pace of growth was the most pronounced in 2020 an increase of 61% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($2,627 per ton), while the average price for exports to Slovenia ($944 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 Austria (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Inorganic Acids; Other than Hydrogen Fluoride in Italy
Exports of inorganic acids; other than hydrogen fluorides from Italy reached 1.8K tons in 2022, remaining relatively unchanged against the year before. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 18%.
In value terms, exports of inorganic acids; other than hydrogen fluorides surged to $3.1M in 2022. In general, total exports 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, exports increased by +74.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 35%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Inorganic Acids; Other than Hydrogen Fluoride in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.1 | 102 | 128 | 780 | 434.8% |
| France | 315 | 228 | 395 | 465 | 13.9% |
| Poland | 64.1 | 47.8 | 60.6 | 240 | 55.3% |
| Germany | 218 | 86.7 | 259 | 212 | -0.9% |
| Turkey | 73.3 | 54.0 | 348 | 208 | 41.6% |
| Slovenia | 8.6 | 108 | 75.5 | 162 | 166.1% |
| Spain | 106 | 61.2 | 63.3 | 152 | 12.8% |
| Sri Lanka | 91.4 | 113 | 277 | 146 | 16.9% |
| Mexico | 4.2 | 3.5 | 22.0 | 110 | 197.0% |
| Romania | 102 | 77.6 | 47.1 | 71.7 | -11.1% |
| Hungary | 264 | 40.1 | 26.7 | 9.7 | -66.8% |
| Others | 517 | 1,455 | 667 | 524 | 0.4% |
| Total | 1,767 | 2,378 | 2,369 | 3,081 | 20.4% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Italy in 2022:
- United States (520.8 tons)
- France (294.8 tons)
- Germany (188.6 tons)
- Slovenia (172.1 tons)
- Poland (147.0 tons)
- Turkey (89.0 tons)
- Spain (75.1 tons)
- Sri Lanka (59.4 tons)
- Mexico (41.9 tons)
- Romania (36.8 tons)
- Hungary (4.2 tons)
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