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

Contents:

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

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

In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $2,451 per ton, jumping by 51% against the previous year. Overall, the import price continues to indicate a strong increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 60% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

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 the United States ($6,714 per ton), while the price for Italy ($948 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 (+66.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $6,202 per ton, increasing by 44% against the previous year. Over the period under review, the export price saw perceptible growth. The growth pace was the most rapid in 2017 an increase of 52% against the previous year. As a result, the export price attained the peak level of $11,459 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Cyprus.

From 2012 to 2022, the rate of growth in terms of prices for Cyprus amounted to +2.9% per year.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Greece

In 2022, imports of inorganic acids; other than hydrogen fluorides into Greece skyrocketed to 157 tons, rising by 160% on the previous year. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of inorganic acids; other than hydrogen fluorides skyrocketed to $385K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (75.0 tons)
2. France (34.5 tons)
3. Italy (30.6 tons)
4. Bulgaria (8.0 tons)
5. United States (3.7 tons)
6. Spain (2.8 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Greece

In 2022, approx. 321 kg of inorganic acids; other than hydrogen fluorides were exported from Greece; which is down by -93.5% on the year before. In general, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 1,146% against the previous year. As a result, the exports attained the peak of 4.9 tons, and then contracted dramatically in the following year.

In value terms, exports of inorganic acids; other than hydrogen fluorides shrank remarkably to $2K in 2022. Over the period under review, exports faced a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 1,477%. As a result, the exports attained the peak of $21K, and then contracted markedly in the following year.

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

1. Cyprus (321.0 kg)

Source: IndexBox Market Intelligence Platform