Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Saudi Arabia - 2022
Contents:
- Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Saudi Arabia (FOB) - 2022
- Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Saudi Arabia (CIF) - 2022
- Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Saudi Arabia
- Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Saudi Arabia
Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Saudi Arabia (FOB) - 2022
The average export price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids stood at $236 per ton in 2022, declining by -2.3% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 +76.8% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 62% against the previous year. Over the period under review, the average export prices reached the maximum at $242 per ton in 2021, and then dropped modestly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($250 per ton), while the average price for exports to Bahrain totaled $160 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Saudi Arabia (CIF) - 2022
In 2020, the average import price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids amounted to $133 per ton, declining by -27.8% against the previous year. In general, the import price saw a mild decrease. The growth pace was the most rapid in 2014 when the average import price increased by 220%. As a result, import price reached the peak level of $1,155 per ton. From 2015 to 2020, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Kuwait.
From 2012 to 2020, the rate of growth in terms of prices for Kuwait amounted to -2.9% per year.
Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Saudi Arabia
Exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids from Saudi Arabia contracted to 30K tons in 2022, waning by -13.2% against the year before. The total export volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports reached the peak of 35K tons, and then reduced in the following year.
In value terms, exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids fell sharply to $7.1M in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 44%. As a result, the exports attained the peak of $8.4M, and then fell dramatically in the following year.
| Export of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 5.4 | 5.1 | 7.4 | 6.4 | 5.8% |
| Bahrain | 0.7 | 0.7 | 0.9 | 0.7 | 0.0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 6.1 | 5.8 | 8.4 | 7.1 | 5.2% |
Top Export Markets for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid from Saudi Arabia in 2022:
- Kuwait (25.4K tons)
- Bahrain (4.6K tons)
Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Saudi Arabia
In 2020, approx. 22K tons of hydrogen chloride (hydrochloric acid); chlorosulphuric acids were imported into Saudi Arabia; growing by 34% compared with the previous year. The total import volume increased at an average annual rate of +33.6% from 2019 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids dropped to $2.9M in 2020. Over the period under review, imports, however, showed a noticeable contraction.
| Import of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in Saudi Arabia (Million USD) | |||
|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 |
| Kuwait | N/A | 2.0 | 0% |
| Jordan | 1.8 | N/A | 0% |
| Others | 1.2 | 0.9 | -25.0% |
| Total | 3.0 | 2.9 | -3.3% |
Top Suppliers of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid to Saudi Arabia in 2022:
- Kuwait (18.8K tons)
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