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

Contents:

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

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

In 2022, the average import price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids amounted to $175 per ton, declining by -24.3% against the previous year. In general, the import price recorded a deep reduction. The pace of growth was the most pronounced in 2015 when the average import price increased by 63% against the previous year. As a result, import price attained the peak level of $779 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($2,624 per ton), while the price for India ($133 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids amounted to $1,405 per ton, dropping by -13.6% against the previous year. Over the period under review, the export price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of 36% against the previous year. Over the period under review, the average export prices attained the peak figure at $9,673 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($9,083 per ton), while the average price for exports to Singapore ($1,000 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 Brunei Darussalam (-0.4%), while the prices for the other major destinations experienced a decline.

Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in the Philippines

In 2022, supplies from abroad of hydrogen chloride (hydrochloric acid); chlorosulphuric acids was finally on the rise to reach 6.7K tons after two years of decline. Over the period under review, imports posted a significant expansion. 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 skyrocketed to $1.2M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India37222823687032.7%
Taiwan (Chinese)42.541.070.313446.6%
Pakistan80.684.745.2N/A-25.1%
Others1371211181605.3%
Total6324754691,16422.6%

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

  1. India (6.5K tons)
  2. Taiwan (Chinese) (0.1K tons)

Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in the Philippines

Exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids from the Philippines skyrocketed to 3.2 tons in 2022, rising by 19% compared with 2021 figures. The total export volume increased at an average annual rate of +18.6% over the period from 2021 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids rose slightly to $4.4K in 2022. The total export value increased at an average annual rate of +2.4% from 2021 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in the Philippines (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
JapanN/A3.00%
MalaysiaN/A1.30%
Singapore4.30.1-97.7%
OthersN/AN/A0%
Total4.34.42.3%

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

  1. Japan (2.9 tons)
  2. Malaysia (0.1 tons)
  3. Singapore (0.1 tons)

Source: IndexBox Market Intelligence Platform

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