Czech Republic: Hydrogen Chloride Market 2023

Hydrogen Chloride Market Size in the Czech Republic

The Czech hydrogen chloride market soared to $X in 2021, rising by 38% against the previous year. Over the period under review, consumption, however, continues to indicate a deep downturn. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Hydrogen Chloride Production in the Czech Republic

In value terms, hydrogen chloride production dropped rapidly to $X in 2021 estimated in export price. In general, production faced a precipitous descent. The pace of growth was the most pronounced in 2017 with an increase of 35% against the previous year. Hydrogen chloride production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Hydrogen Chloride Exports

Exports from the Czech Republic

In 2021, hydrogen chloride exports from the Czech Republic fell to X tons, which is down by -8.5% against the previous year. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 185% against the previous year. The exports peaked at X tons in 2020, and then declined in the following year.

In value terms, hydrogen chloride exports soared to $X in 2021. Over the period under review, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 110%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), Slovakia (X tons) and Poland (X tons) were the main destinations of hydrogen chloride exports from the Czech Republic, with a combined 94% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +77.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for hydrogen chloride (hydrochloric acid) exports from the Czech Republic, comprising 46% of total exports. The second position in the ranking was taken by Poland ($X), with a 22% share of total exports. It was followed by Slovakia, with a 21% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+35.0% per year) and Slovakia (+6.5% per year).

Export Prices by Country

In 2021, the average hydrogen chloride export price amounted to $X per ton, picking up by 35% against the previous year. Overall, the export price, however, recorded a drastic downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-6.6%), while the prices for the other major destinations experienced a decline.

Hydrogen Chloride Imports

Imports into the Czech Republic

In 2021, imports of hydrogen chloride (hydrochloric acid) into the Czech Republic expanded modestly to X tons, picking up by 4.2% compared with the year before. Over the period under review, imports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2019 when imports increased by 53% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, hydrogen chloride imports soared to $X in 2021. In general, imports, however, showed a noticeable setback. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Poland (X tons) constituted the largest supplier of hydrogen chloride to the Czech Republic, accounting for a 51% share of total imports. Moreover, hydrogen chloride imports from Poland exceeded the figures recorded by the second-largest supplier, Hungary (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 17% share.

From 2012 to 2021, the average annual growth rate of volume from Poland amounted to -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (-2.1% per year) and Germany (+0.1% per year).

In value terms, Poland ($X) constituted the largest supplier of hydrogen chloride (hydrochloric acid) to the Czech Republic, comprising 48% of total imports. The second position in the ranking was held by Germany ($X), with a 14% share of total imports. It was followed by Hungary, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Poland stood at -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.0% per year) and Hungary (-4.0% per year).

Import Prices by Country

The average hydrogen chloride import price stood at $X per ton in 2021, growing by 19% against the previous year. In general, the import price showed moderate growth. The pace of growth appeared the most rapid in 2020 an increase of 106%. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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