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

Contents:

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

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

In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $2,234 per ton, surging by 14% against the previous year. Over the period under review, the import price enjoyed a tangible increase. The growth pace was the most rapid in 2013 an increase of 64% against the previous year. The import price peaked at $3,996 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($3,258 per ton), while the price for China ($1,808 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Pakistan

After three years of growth, supplies from abroad of inorganic acids; other than hydrogen fluorides decreased by -12.9% to 714 tons in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 107%. As a result, imports reached the peak of 819 tons, and then dropped in the following year.

In value terms, imports of inorganic acids; other than hydrogen fluorides dropped to $1.6M in 2022. In general, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year. As a result, imports attained the peak of $1.6M, leveling off in the following year.

Import of Inorganic Acids; Other than Hydrogen Fluoride in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan44837687692527.3%
China64.560.5180568106.5%
Japan20.66.545.856.640.1%
Netherlands428343396N/A-3.8%
Others87.173.511044.6-20.0%
Total1,0488591,6071,59515.0%

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

  1. Jordan (361.6 tons)
  2. China (314.3 tons)
  3. Japan (19.8 tons)

Source: IndexBox Market Intelligence Platform

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