Price for Inorganic Acids; Other than Hydrogen Fluoride in Iran - 2022

Contents:

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

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

The average import price for inorganic acids; other than hydrogen fluorides stood at $1,631 per ton in 2022, growing by 5.1% against the previous year. Over the period under review, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 37%. Over the period under review, average import prices reached the peak figure at $2,224 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Taiwan (Chinese) ($1,880 per ton), while the price for Japan ($475 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 Arab Emirates (+10.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $628 per ton, waning by -9.4% against the previous year. In general, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2019 an increase of 12% against the previous year. Over the period under review, the average export prices reached the maximum at $2,451 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($2,454 per ton), while the average price for exports to Azerbaijan ($463 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 Afghanistan (+6.3%), while the prices for the other major destinations experienced a decline.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Iran

Imports of inorganic acids; other than hydrogen fluorides into Iran declined notably to 96 tons in 2022, with a decrease of -72.7% compared with 2021. Overall, imports saw a precipitous decrease. The smallest decline of -21.4% was in 2021.

In value terms, imports of inorganic acids; other than hydrogen fluorides contracted dramatically to $157K in 2022. Over the period under review, imports continue to indicate a dramatic decrease. The smallest decline of -3.9% was in 2021.

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

1. Taiwan (Chinese) (71.3 tons)
2. Japan (10.3 tons)
3. China (8.3 tons)
4. United Arab Emirates (3.7 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Iran

Exports of inorganic acids; other than hydrogen fluorides from Iran rose notably to 2.3 tons in 2022, growing by 8% against the year before. In general, exports, however, saw a sharp curtailment.

In value terms, exports of inorganic acids; other than hydrogen fluorides reduced slightly to $1.5K in 2022. Over the period under review, exports, however, faced a dramatic setback.

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

1. Azerbaijan (1573.0 kg)
2. Kazakhstan (595.0 kg)
3. Afghanistan (163.0 kg)

Source: IndexBox Market Intelligence Platform