Price for Inorganic Acids; Other than Hydrogen Fluoride in the United Arab Emirates - 2022
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in the United Arab Emirates (CIF) - 2022
- Price for Inorganic Acids; Other than Hydrogen Fluoride in the United Arab Emirates (FOB) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in the United Arab Emirates
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in the United Arab Emirates
Price for Inorganic Acids; Other than Hydrogen Fluoride in the United Arab Emirates (CIF) - 2022
The average import price for inorganic acids; other than hydrogen fluorides stood at $1,357 per ton in 2022, with an increase of 20% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for inorganic acids; other than hydrogen fluorides decreased by -5.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 75% against the previous year. Over the period under review, average import prices attained the maximum at $1,651 per ton in 2013; however, from 2014 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 France ($5,662 per ton), while the price for Taiwan (Chinese) ($540 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+30.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inorganic Acids; Other than Hydrogen Fluoride in the United Arab Emirates (FOB) - 2022
The average export price for inorganic acids; other than hydrogen fluorides stood at $3,001 per ton in 2022, increasing by 80% against the previous year. Over the period under review, the export price showed a resilient increase. The pace of growth appeared the most rapid in 2013 an increase of 114%. As a result, the export price reached the peak level of $3,559 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($14,069 per ton), while the average price for exports to Kuwait ($1,634 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 Nigeria (+41.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inorganic Acids; Other than Hydrogen Fluoride in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in supplies from abroad of inorganic acids; other than hydrogen fluorides, when their volume increased by 12% to 954 tons. In general, imports, however, showed a abrupt shrinkage.
In value terms, imports of inorganic acids; other than hydrogen fluorides soared to $1.3M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.5% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 56%. As a result, imports reached the peak of $1.6M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Inorganic Acids; Other than Hydrogen Fluoride in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 186 | 337 | 237 | 761 | 59.9% |
| China | 161 | 596 | 602 | 299 | 22.9% |
| France | N/A | N/A | N/A | 128 | 0% |
| Taiwan (Chinese) | 344 | 5.8 | 10.1 | 34.8 | -53.4% |
| Malaysia | 76.8 | N/A | N/A | N/A | 0% |
| Others | 236 | 630 | 110 | 70.8 | -33.1% |
| Total | 1,004 | 1,569 | 958 | 1,294 | 8.8% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to the United Arab Emirates in 2022:
- India (627.9 tons)
- China (224.1 tons)
- Taiwan (Chinese) (64.5 tons)
- France (22.5 tons)
Exports of Inorganic Acids; Other than Hydrogen Fluoride in the United Arab Emirates
For the third year in a row, the United Arab Emirates recorded decline in shipments abroad of inorganic acids; other than hydrogen fluorides, which decreased by -80.8% to 43 tons in 2022. Overall, exports faced a dramatic decline. The smallest decline of -3.4% was in 2020.
In value terms, exports of inorganic acids; other than hydrogen fluorides shrank rapidly to $128K in 2022. In general, exports showed a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 53% against the previous year.
| Export of Inorganic Acids; Other than Hydrogen Fluoride in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | N/A | 56.9 | 0% |
| Iran | 106 | 282 | 272 | 50.4 | -21.9% |
| Oman | 58.8 | 48.1 | 36.7 | 11.4 | -42.1% |
| Kuwait | N/A | N/A | 18.7 | 8.2 | -56.1% |
| Gambia | 12.7 | N/A | N/A | N/A | 0% |
| Others | 40.4 | 2.3 | 42.5 | 0.9 | -71.9% |
| Total | 218 | 332 | 369 | 128 | -16.3% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from the United Arab Emirates in 2022:
- Iran (29.8 tons)
- Kuwait (5.0 tons)
- Qatar (4.0 tons)
- Oman (3.6 tons)
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