Price for Inorganic Acids; Other than Hydrogen Fluoride in Chile - 2023

Contents:

  1. Price for Inorganic Acids; Other than Hydrogen Fluoride in Chile (CIF) - 2022
  2. Price for Inorganic Acids; Other than Hydrogen Fluoride in Chile (FOB) - 2022
  3. Imports of Inorganic Acids; Other than Hydrogen Fluoride in Chile
  4. Exports of Inorganic Acids; Other than Hydrogen Fluoride in Chile

Price for Inorganic Acids; Other than Hydrogen Fluoride in Chile (CIF) - 2022

The average import price for inorganic acids; other than hydrogen fluorides stood at $1,616 per ton in 2022, surging by 37% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($15,655 per ton), while the price for Spain ($569 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Inorganic Acids; Other than Hydrogen Fluoride in Chile (FOB) - 2022

In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $3,057 per ton, increasing by 29% against the previous year. In general, the export price saw a buoyant expansion. The pace of growth was the most pronounced in 2021 an increase of 44% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($32,123 per ton), while the average price for exports to Argentina ($1,682 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 France (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Chile

In 2022, approx. 2.6K tons of inorganic acids; other than hydrogen fluorides were imported into Chile; with a decrease of -20.1% on the year before. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year.

In value terms, imports of inorganic acids; other than hydrogen fluorides stood at $4.2M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Inorganic Acids; Other than Hydrogen Fluoride in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia1,7801,5622,1511,702-1.5%
China3682815631,22449.3%
Spain525491582413-7.7%
United States48.03.413213741.8%
Others34557139969926.5%
Total3,0652,9083,8274,17510.9%

Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Chile in 2022:

  1. Malaysia (1254.4 tons)
  2. Spain (725.9 tons)
  3. China (496.2 tons)
  4. United States (55.0 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Chile

In 2022, the amount of inorganic acids; other than hydrogen fluorides exported from Chile expanded markedly to 218 tons, rising by 14% against the year before. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 74% against the previous year. As a result, the exports attained the peak of 225 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of inorganic acids; other than hydrogen fluorides skyrocketed to $666K in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 141% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Inorganic Acids; Other than Hydrogen Fluoride in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina14922112234932.8%
FranceN/A61.020617870.8%
ColombiaN/AN/A15.7128715.3%
BrazilN/A46.6106N/A127.5%
Others4.440.90.29.629.7%
Total15336945066663.3%

Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Chile in 2022:

  1. Argentina (207.6 tons)
  2. France (6.0 tons)
  3. Colombia (4.0 tons)

Source: IndexBox Market Intelligence Platform

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