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

Contents:

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

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

In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $2,584 per ton, picking up by 50% against the previous year. Overall, the import price continues to indicate slight growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($4,539 per ton), while the price for Taiwan (Chinese) ($931 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $9,369 per ton, picking up by 91% against the previous year. In general, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 314%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($18,063 per ton), while the average price for exports to Portugal ($1,590 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 France (+29.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Spain

Imports of inorganic acids; other than hydrogen fluorides into Spain soared to 11K tons in 2022, growing by 48% on 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.9% 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 $29M in 2022. In general, imports showed a significant 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 Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.94.47.118.768.6%
Germany0.91.42.63.455.7%
Taiwan (Chinese)2.32.10.92.52.8%
France0.20.20.21.071.0%
Netherlands0.20.20.20.965.1%
Belgium0.20.50.80.644.2%
Indonesia0.30.20.20.518.6%
Others0.80.60.81.07.7%
Total8.89.612.828.548.0%

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

  1. China (5.2K tons)
  2. Taiwan (Chinese) (2.7K tons)
  3. Germany (1.9K tons)
  4. France (0.4K tons)
  5. Indonesia (0.3K tons)
  6. Netherlands (0.2K tons)
  7. Belgium (0.2K tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Spain

In 2022, after two years of decline, there was growth in overseas shipments of inorganic acids; other than hydrogen fluorides, when their volume increased by 2.1% to 5.6 tons. Over the period under review, exports, however, showed a sharp downturn.

In value terms, exports of inorganic acids; other than hydrogen fluorides soared to $52K in 2022. In general, exports, however, faced a dramatic setback.

Export of Inorganic Acids; Other than Hydrogen Fluoride in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France81676911.817.6-72.2%
Turkey12753.0N/A15.9-50.0%
Belgium17.613.83.710.5-15.8%
Netherlands1171104.95.7-63.5%
Portugal76.283.12.71.6-72.4%
Ireland683649N/AN/A-5.0%
Germany1,7372,2351.7N/A-96.9%
Canada8401,068N/AN/A27.1%
Mexico419222N/AN/A-47.0%
Chile486308N/AN/A-36.6%
Italy1,1069920.2N/A-98.7%
Brazil353238N/AN/A-32.6%
Others8988821.80.8-90.4%
Total7,6757,62226.852.2-81.1%

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

  1. Turkey (2229.0 kg)
  2. Portugal (1030.0 kg)
  3. France (972.0 kg)
  4. Netherlands (716.0 kg)
  5. Belgium (612.0 kg)

Source: IndexBox Market Intelligence Platform

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