Ireland: Hydrogen Chloride Market 2024

Hydrogen Chloride Market Size in Ireland

The Irish hydrogen chloride market reduced modestly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Hydrogen Chloride Production in Ireland

In value terms, hydrogen chloride production contracted modestly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

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Hydrogen Chloride Exports

Exports from Ireland

In 2022, the amount of hydrogen chloride (hydrochloric acid) exported from Ireland reduced dramatically to X tons, falling by X% compared with the previous year. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydrogen chloride exports surged to $X in 2022. Overall, exports, however, saw a resilient expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for hydrogen chloride exports from Ireland, with a X% share of total exports. Moreover, hydrogen chloride exports to the UK exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Switzerland (X% per year).

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Switzerland (X% per year).

Export Prices by Country

In 2022, the average hydrogen chloride export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price, however, recorded a pronounced shrinkage. The export price peaked 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 destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($X 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 (X%), while the prices for the other major destinations experienced mixed trend patterns.

Hydrogen Chloride Imports

Imports into Ireland

After two years of growth, purchases abroad of hydrogen chloride (hydrochloric acid) decreased by X% to X tons in 2022. Overall, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, hydrogen chloride imports soared to $X in 2022. Over the period under review, imports, however, recorded strong growth. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the UK (X tons) was the main supplier of hydrogen chloride to Ireland, accounting for a X% share of total imports. Moreover, hydrogen chloride imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, the United States ($X), the UK ($X) and Germany ($X) appeared to be the largest hydrogen chloride suppliers to Ireland, with a combined X% share of total imports.

Among the main suppliers, the United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hydrogen chloride import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price enjoyed buoyant growth. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the UK ($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 United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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