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

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

In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $2,013 per ton, falling by -8.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 66% against the previous year. As a result, import price reached the peak level of $3,388 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($10,145 per ton), while the price for Poland ($1,244 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+76.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for inorganic acids; other than hydrogen fluorides stood at $1,607 per ton in 2022, declining by -17.7% against the previous year. In general, the export price saw a perceptible descent. The growth pace was the most rapid in 2013 an increase of 191% against the previous year. As a result, the export price reached the peak level of $7,274 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to +5.2% per year.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Romania

In 2022, purchases abroad of inorganic acids; other than hydrogen fluorides was finally on the rise to reach 418 tons after two years of decline. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of inorganic acids; other than hydrogen fluorides soared to $842K in 2022. Over the period under review, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Inorganic Acids; Other than Hydrogen Fluoride in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	38.1	50.9	20.9	291	96.9%
Poland	40.1	75.2	149	180	65.0%
Germany	66.4	97.7	60.4	114	19.7%
Hungary	101	41.7	112	81.0	-7.1%
Spain	9.5	8.6	10.5	47.7	71.2%
Indonesia	16.2	N/A	N/A	43.1	38.6%
Italy	68.6	64.2	42.7	29.8	-24.3%
Netherlands	13.7	5.4	0.4	0.3	-72.0%
Others	171	51.6	139	54.9	-31.5%
Total	525	395	534	842	17.1%

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

China (208.4 tons)
Poland (144.9 tons)
Hungary (18.3 tons)
Indonesia (12.6 tons)
Italy (11.7 tons)
Germany (11.2 tons)
Spain (8.0 tons)
Netherlands (0.1 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Romania

Exports of inorganic acids; other than hydrogen fluorides from Romania plummeted to 638 kg in 2022, declining by -73.3% on the previous year. Over the period under review, exports recorded a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 126% against the previous year.

In value terms, exports of inorganic acids; other than hydrogen fluorides shrank rapidly to $1K in 2022. In general, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 89%.