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

Contents:

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

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

In October 2023, the average import price for inorganic acids; other than hydrogen fluorides amounted to $2,288 per ton, declining by -4.8% against the previous month. In general, the import price showed a perceptible contraction. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 33% against the previous month. Over the period under review, average import prices reached the maximum at $3,541 per ton in February 2023; however, from March 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($3,497 per ton), while the price for China stood at $1,180 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (-0.4%).

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

In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $320 per ton, declining by -18.7% against the previous year. Over the period under review, the export price showed a dramatic descent. The pace of growth was the most pronounced in 2017 an increase of 83%. Over the period under review, the average export prices hit record highs at $3,270 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -18.7% per year.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Mexico

In 2022, supplies from abroad of inorganic acids; other than hydrogen fluorides was finally on the rise to reach 2.6K tons after two years of decline. Overall, imports, however, faced a abrupt descent.

In value terms, imports of inorganic acids; other than hydrogen fluorides soared to $9.3M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (1719.4 tons)
2. United States (854.6 tons)
3. Taiwan (Chinese) (31.4 tons)
4. Germany (30.4 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Mexico

In 2022, exports of inorganic acids; other than hydrogen fluorides from Mexico skyrocketed to 1.2K tons, growing by 24% on 2021. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 86% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of inorganic acids; other than hydrogen fluorides reached $387K in 2022. Over the period under review, exports, however, recorded a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of 8.5% against the previous year. As a result, the exports reached the peak of $840K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. United States (1.2K tons)

Source: IndexBox Market Intelligence Platform