Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Ghana - 2023

Contents:

  1. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Ghana (CIF) - 2022
  2. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Ghana (FOB) - 2022
  3. Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Ghana
  4. Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Ghana

Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Ghana (CIF) - 2022

The average import price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids stood at $174 per ton in 2022, reducing by -10.3% against the previous year. Overall, the import price showed a pronounced decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 24%. Over the period under review, average import prices hit record highs at $226 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Togo ($910 per ton), while the price for India ($109 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Ghana (FOB) - 2022

In 2022, the average export price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids amounted to $767 per ton, falling by -13.3% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids increased by +43.4% against 2016 indices. The pace of growth was the most pronounced in 2014 an increase of 59% against the previous year. As a result, the export price reached the peak level of $1,001 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($1,693 per ton), while the average price for exports to Togo ($292 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 Burkina Faso (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Ghana

After two years of decline, overseas purchases of hydrogen chloride (hydrochloric acid); chlorosulphuric acids increased by 1.7% to 6K tons in 2022. Over the period under review, imports, however, showed a pronounced descent.

In value terms, imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids shrank to $1M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 21%. As a result, imports reached the peak of $1.1M, and then shrank in the following year.

Import of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India32732948951116.0%
Togo80.613116216827.7%
Belgium338302218154-23.1%
Netherlands20.260.734.036.021.2%
Kuwait42.1N/AN/A19.3-22.9%
South Africa44.69.69.17.9-43.8%
Others85.311323414920.4%
Total9379441,1461,0453.7%

Top Suppliers of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid to Ghana in 2022:

  1. India (4669.6 tons)
  2. Belgium (722.4 tons)
  3. Netherlands (195.1 tons)
  4. Togo (184.7 tons)
  5. South Africa (22.6 tons)
  6. Kuwait (9.7 tons)

Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Ghana

In 2022, overseas shipments of hydrogen chloride (hydrochloric acid); chlorosulphuric acids decreased by -18.3% to 115 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 116%.

In value terms, exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids shrank notably to $88K in 2022. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 139%. As a result, the exports attained the peak of $125K, and then reduced markedly in the following year.

Export of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire6.315.634.532.773.1%
Burkina Faso1.27.466.928.7188.1%
Mali10.515.121.121.827.6%
Niger4.22.70.83.5-5.9%
TogoN/AN/AN/A1.30%
AngolaN/A10.90.9N/A-91.7%
Others1.30.30.30.2-46.4%
Total23.552.012588.355.5%

Top Export Markets for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid from Ghana in 2022:

  1. Burkina Faso (43.5 tons)
  2. Mali (42.5 tons)
  3. Cote d'Ivoire (19.3 tons)
  4. Niger (5.5 tons)
  5. Togo (4.3 tons)

Source: IndexBox Market Intelligence Platform

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