Eastern Europe: Hydrogen Chloride Market 2024

Hydrogen Chloride Market Size in Eastern Europe

The East European hydrogen chloride market was estimated at $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, showed a pronounced downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Hydrogen Chloride Production in Eastern Europe

In value terms, hydrogen chloride production rose significantly to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Hydrogen Chloride Exports

Exports in Eastern Europe

In 2022, overseas shipments of hydrogen chloride (hydrochloric acid) increased by X% to X tons, rising for the fifth year in a row after three years of decline. In general, exports posted a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydrogen chloride exports skyrocketed to $X in 2022. Over the period under review, exports saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Poland (X tons) was the key exporter of hydrogen chloride (hydrochloric acid), creating X% of total exports. The Czech Republic (X tons) ranks second in terms of the total exports with an X% share, followed by Hungary (X%) and Romania (X%). Slovakia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to hydrogen chloride exports from Poland stood at X%. At the same time, the Czech Republic (X%), Romania (X%) and Hungary (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Slovakia (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.) and the Czech Republic (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Slovakia (X p.p.) and Hungary (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X), Hungary ($X) and Romania ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Slovakia and the Czech Republic lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, the Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced more modest paces of growth.

Hydrogen Chloride Imports

Imports in Eastern Europe

In 2022, approx. X tons of hydrogen chloride (hydrochloric acid) were imported in Eastern Europe; rising by X% compared with the previous year's figure. Over the period under review, imports continue to indicate prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydrogen chloride imports soared to $X in 2022. In general, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Poland represented the main importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Bulgaria (X tons), the Czech Republic (X tons) and Slovakia (X tons), together achieving a X% share of total imports. Hungary (X tons), Romania (X tons) and Ukraine (X tons) held a minor share of total imports.

Imports into Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Ukraine (X%), Bulgaria (X%), Romania (X%) and Slovakia (X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Hungary experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), Bulgaria (X p.p.) and Ukraine (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Slovakia (X p.p.), Hungary (X p.p.) and the Czech Republic (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X), Poland ($X) and Bulgaria ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Hungary, Ukraine, Slovakia and Romania lagged somewhat behind, together comprising a further X%.

Ukraine, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price recorded a mild descent. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ukraine ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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