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

Contents:

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

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

The average import price for inorganic acids; other than hydrogen fluorides stood at $311 per ton in 2022, with an increase of 35% against the previous year. Overall, the import price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of 95%. Over the period under review, average import prices attained the maximum at $1,474 per ton in 2012; however, from 2013 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 France ($2,059 per ton), while the price for Belgium ($157 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for inorganic acids; other than hydrogen fluorides stood at $2,719 per ton in 2022, dropping by -49.1% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 128% against the previous year. As a result, the export price reached the peak level of $5,343 per ton, and then shrank sharply in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($9,512 per ton), while the average price for exports to Belgium stood at $2,580 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+20.2%).

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Luxembourg

In 2022, purchases abroad of inorganic acids; other than hydrogen fluorides was finally on the rise to reach 155 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a deep reduction.

In value terms, imports of inorganic acids; other than hydrogen fluorides surged to $48K in 2022. In general, imports, however, continue to indicate a abrupt slump.

Import of Inorganic Acids; Other than Hydrogen Fluoride in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium11.511.418.421.222.6%
FranceN/A3.0N/A20.9163.9%
Germany4.72.96.76.08.5%
United Kingdom39.087.1N/AN/A123.3%
Others4.6N/AN/A0.1-72.1%
Total59.810425.148.2-6.9%

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

  1. Belgium (135.1 tons)
  2. France (10.2 tons)
  3. Germany (9.7 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Luxembourg

In 2022, exports of inorganic acids; other than hydrogen fluorides from Luxembourg soared to 2.1 tons, rising by 536% against 2021 figures. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 558% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of inorganic acids; other than hydrogen fluorides skyrocketed to $5.7K in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,403% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Inorganic Acids; Other than Hydrogen Fluoride in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/A0.1N/A5.3628.0%
FranceN/AN/A1.70.4-76.5%
Turkey0.1N/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total0.20.11.85.7205.5%

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

  1. Belgium (2051.0 kg)
  2. France (41.0 kg)

Source: IndexBox Market Intelligence Platform

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