Price for Inorganic Acids; Other than Hydrogen Fluoride in Serbia - 2023
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Serbia (FOB) - 2022
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Serbia (CIF) - 2022
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in Serbia
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Serbia
Price for Inorganic Acids; Other than Hydrogen Fluoride in Serbia (FOB) - 2022
The average export price for inorganic acids; other than hydrogen fluorides stood at $1,089 per ton in 2022, falling by -74.8% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 18%. Over the period under review, the average export prices reached the peak figure at $4,716 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
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 Montenegro ($4,162 per ton), while the average price for exports to Australia ($575 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 Montenegro (+1.4%), while the prices for the other major destinations experienced a decline.
Price for Inorganic Acids; Other than Hydrogen Fluoride in Serbia (CIF) - 2022
The average import price for inorganic acids; other than hydrogen fluorides stood at $3,893 per ton in 2022, which is down by -2.3% against the previous year. Overall, the import price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 88% against the previous year. Over the period under review, average import prices reached the peak figure at $3,986 per ton in 2021, and then reduced slightly in the following year.
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 the UK ($19,590 per ton), while the price for Taiwan (Chinese) ($2,242 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) (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Inorganic Acids; Other than Hydrogen Fluoride in Serbia
In 2022, exports of inorganic acids; other than hydrogen fluorides from Serbia skyrocketed to 716 tons, growing by 1,311% against the previous year's figure. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of inorganic acids; other than hydrogen fluorides skyrocketed to $780K in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 380% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Inorganic Acids; Other than Hydrogen Fluoride in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 26.8 | 37.1 | 139 | 440 | 154.2% |
| Australia | N/A | N/A | 47.8 | 321 | 571.5% |
| Others | 7.9 | 8.6 | 32.7 | 19.3 | 34.7% |
| Total | 34.7 | 45.6 | 219 | 780 | 182.2% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Serbia in 2022:
- Australia (558.4 tons)
- Hungary (155.2 tons)
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Serbia
In 2022, approx. 36 tons of inorganic acids; other than hydrogen fluorides were imported into Serbia; growing by 11% on 2021 figures. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 107%. As a result, imports reached the peak of 42 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of inorganic acids; other than hydrogen fluorides rose sharply to $140K in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 125% against the previous year. As a result, imports attained the peak of $141K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Inorganic Acids; Other than Hydrogen Fluoride in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 4.6 | N/A | 13.1 | 33.2 | 93.3% |
| China | 20.5 | 18.5 | 8.5 | 26.7 | 9.2% |
| India | N/A | 0.5 | 0.2 | 26.5 | 628.0% |
| United Kingdom | 5.8 | 16.1 | 19.2 | 19.1 | 48.8% |
| Spain | 8.8 | 7.2 | 15.0 | 9.9 | 4.0% |
| Italy | 2.5 | 3.4 | 3.7 | 8.4 | 49.8% |
| Germany | 14.2 | 6.5 | 14.3 | 6.3 | -23.7% |
| Others | 6.1 | 88.3 | 55.4 | 9.8 | 17.1% |
| Total | 62.5 | 141 | 129 | 140 | 30.8% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Serbia in 2022:
- Taiwan (Chinese) (14.8 tons)
- India (9.7 tons)
- China (4.7 tons)
- Italy (3.2 tons)
- Spain (1.7 tons)
- United Kingdom (1.0 tons)
- Germany (0.6 tons)
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