Price for Inorganic Acids; Other than Hydrogen Fluoride in Jordan - 2022
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Jordan (CIF) - 2022
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Jordan (FOB) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Jordan
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in Jordan
Price for Inorganic Acids; Other than Hydrogen Fluoride in Jordan (CIF) - 2022
The average import price for inorganic acids; other than hydrogen fluorides stood at $2,510 per ton in 2022, surging by 36% against the previous year. Overall, import price indicated a strong increase from 2014 to 2022: its price increased at an average annual rate of +10.6% over the last eight-year period. 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 +102.5% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,510 per ton), while the price for China stood at $2,510 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Inorganic Acids; Other than Hydrogen Fluoride in Jordan (FOB) - 2022
In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $2,493 per ton, rising by 32% against the previous year. Over the period under review, the export price enjoyed a perceptible increase. The pace of growth was the most pronounced in 2018 an increase of 59%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.
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 Taiwan (Chinese) ($2,646 per ton), while the average price for exports to South Korea ($1,607 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 Taiwan (Chinese) (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Jordan
Imports of inorganic acids; other than hydrogen fluorides into Jordan dropped sharply to 42 tons in 2022, waning by -27.3% against the year before. Overall, imports saw a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 255%.
In value terms, imports of inorganic acids; other than hydrogen fluorides shrank to $105K in 2022. Over the period under review, imports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 336% against the previous year.
| Import of Inorganic Acids; Other than Hydrogen Fluoride in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 37.1 | 6.3 | 107 | 102 | 40.1% |
| India | N/A | N/A | N/A | 3.5 | 0% |
| Belgium | 37.6 | N/A | N/A | N/A | 0% |
| Qatar | 508 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 18.1 | N/A | N/A | 3520.0% |
| Total | 583 | 24.4 | 107 | 105 | -43.5% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Jordan in 2022:
- China (40.6 tons)
- India (1.4 tons)
Exports of Inorganic Acids; Other than Hydrogen Fluoride in Jordan
In 2022, shipments abroad of inorganic acids; other than hydrogen fluorides decreased by -5.3% to 56K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 23%. As a result, the exports attained the peak of 59K tons, and then shrank in the following year.
In value terms, exports of inorganic acids; other than hydrogen fluorides surged to $141M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Inorganic Acids; Other than Hydrogen Fluoride in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 49.2 | 64.3 | 77.4 | 101 | 27.1% |
| India | 2.2 | 2.4 | 3.9 | 6.8 | 45.7% |
| Singapore | 2.1 | 5.7 | 3.1 | 3.7 | 20.8% |
| South Korea | 5.9 | 5.7 | 4.2 | 3.3 | -17.6% |
| Malaysia | N/A | 2.4 | 1.5 | 2.7 | 6.1% |
| Thailand | 1.4 | 1.7 | 2.4 | 2.5 | 21.3% |
| France | 4.7 | 1.8 | 0.4 | 2.0 | -24.8% |
| Belgium | 0.8 | 0.7 | 3.8 | 1.9 | 33.4% |
| Others | 10.6 | 5.7 | 16.1 | 16.9 | 16.8% |
| Total | 77.0 | 90.5 | 113 | 141 | 22.3% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Jordan in 2022:
- China (38.1K tons)
- India (2.6K tons)
- Singapore (2.0K tons)
- South Korea (2.0K tons)
- Malaysia (1.2K tons)
- Thailand (1.1K tons)
- Belgium (1.0K tons)
- France (0.7K tons)
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