Price for Inorganic Acids; Other than Hydrogen Fluoride in Switzerland - 2023
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Switzerland (CIF) - 2022
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Switzerland (FOB) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Switzerland
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in Switzerland
Price for Inorganic Acids; Other than Hydrogen Fluoride in Switzerland (CIF) - 2022
The average import price for inorganic acids; other than hydrogen fluorides stood at $3,188 per ton in 2022, rising by 18% against the previous year. In general, the import price continues to indicate a noticeable expansion. The growth pace was the most rapid in 2017 when the average import price increased by 102%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Israel ($36,926 per ton), while the price for Indonesia ($814 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+32.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inorganic Acids; Other than Hydrogen Fluoride in Switzerland (FOB) - 2022
In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $8,650 per ton, increasing by 54% against the previous year. Overall, the export price showed a strong increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 86%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($30,535 per ton), while the average price for exports to Austria ($4,160 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 the United States (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Switzerland
In 2022, overseas purchases of inorganic acids; other than hydrogen fluorides were finally on the rise to reach 2.9K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a relatively flat trend pattern. 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 surged to $9.1M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 increased by +54.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Inorganic Acids; Other than Hydrogen Fluoride in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,394 | 1,131 | 2,087 | 3,094 | 30.4% |
| Netherlands | 1,778 | 951 | 1,105 | 1,606 | -3.3% |
| Germany | 804 | 846 | 621 | 1,567 | 24.9% |
| France | 617 | 562 | 590 | 929 | 14.6% |
| United States | 532 | 639 | 705 | 718 | 10.5% |
| Indonesia | 289 | 381 | 319 | 484 | 18.8% |
| Taiwan (Chinese) | 273 | 121 | 61.8 | 222 | -6.7% |
| Belgium | 135 | 1,090 | 515 | 60.7 | -23.4% |
| Others | 371 | 200 | 320 | 459 | 7.4% |
| Total | 6,191 | 5,921 | 6,324 | 9,140 | 13.9% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Switzerland in 2022:
- Indonesia (595.0 tons)
- Netherlands (487.6 tons)
- China (458.8 tons)
- Germany (397.9 tons)
- France (304.9 tons)
- United States (282.2 tons)
- Taiwan (Chinese) (200.7 tons)
- Belgium (19.3 tons)
Exports of Inorganic Acids; Other than Hydrogen Fluoride in Switzerland
After three years of growth, overseas shipments of inorganic acids; other than hydrogen fluorides decreased by -0.9% to 549 tons in 2022. The total export volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, the exports attained the peak of 554 tons, leveling off in the following year.
In value terms, exports of inorganic acids; other than hydrogen fluorides surged to $4.7M in 2022. In general, exports, however, showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Inorganic Acids; Other than Hydrogen Fluoride in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 816 | 889 | 889 | 1,814 | 30.5% |
| Germany | 167 | 516 | 571 | 872 | 73.5% |
| Italy | 241 | 206 | 249 | 392 | 17.6% |
| United Kingdom | 37.5 | 19.9 | 78.3 | 274 | 94.0% |
| Sweden | 226 | 5.4 | 104 | 236 | 1.5% |
| Japan | 158 | 210 | 537 | 204 | 8.9% |
| Austria | 1.5 | 1.3 | 3.1 | 188 | 400.4% |
| Belgium | 43.8 | 199 | 86.2 | 137 | 46.2% |
| Netherlands | 117 | 67.9 | 193 | 66.8 | -17.0% |
| Others | 192 | 328 | 400 | 561 | 43.0% |
| Total | 2,000 | 2,443 | 3,111 | 4,745 | 33.4% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Switzerland in 2022:
- France (141.5 tons)
- Germany (105.5 tons)
- Italy (93.3 tons)
- Austria (45.2 tons)
- Japan (42.4 tons)
- United Kingdom (25.5 tons)
- Sweden (22.0 tons)
- Belgium (14.8 tons)
- Netherlands (10.6 tons)
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