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

Contents:

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

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

In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $2,862 per ton, surging by 2.5% against the previous year. Over the period under review, the import price, however, showed a slight downturn. The pace of growth was the most pronounced in 2016 an increase of 114%. Over the period under review, average import prices hit record highs at $7,616 per ton in 2018; however, from 2019 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 the United States ($11,707 per ton), while the price for Indonesia ($271 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-6.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for inorganic acids; other than hydrogen fluorides stood at $7,785 per ton in 2022, with a decrease of -58.3% against the previous year. Over the period under review, the export price saw a deep setback. The pace of growth was the most pronounced in 2018 an increase of 126%. The export price peaked at $22,492 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 Canada ($22,868 per ton), while the average price for exports to the UK ($4,054 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 Canada (+36.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Ireland

In 2022, supplies from abroad of inorganic acids; other than hydrogen fluorides decreased by -89.8% to 270 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 279% against the previous year. As a result, imports attained the peak of 2.6K tons, and then fell significantly in the following year.

In value terms, imports of inorganic acids; other than hydrogen fluorides dropped notably to $774K in 2022. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 339%. As a result, imports reached the peak of $7.4M, and then contracted significantly in the following year.

Import of Inorganic Acids; Other than Hydrogen Fluoride in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3623725713953.0%
United Kingdom2401871502936.9%
ChinaN/AN/A6.927.2294.2%
IndonesiaN/AN/A3.221.2562.5%
Germany33.61,1026,6197.7-38.8%
Others33318.528.030.4-55.0%
Total9681,6797,378774-7.2%

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

  1. United Kingdom (149.2 tons)
  2. Indonesia (78.0 tons)
  3. United States (33.7 tons)
  4. China (5.4 tons)
  5. Germany (3.1 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Ireland

In 2022, exports of inorganic acids; other than hydrogen fluorides from Ireland surged to 38 tons, with an increase of 1,184% compared with the previous year. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of inorganic acids; other than hydrogen fluorides soared to $297K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Inorganic Acids; Other than Hydrogen Fluoride in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/A54.729.716473.2%
United Kingdom5.82.40.9124177.5%
United States18.24.523.66.8-28.0%
OthersN/A0.21.32.4246.4%
Total24.161.855.5297131.0%

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

  1. United Kingdom (30.6 tons)
  2. Canada (7.2 tons)
  3. United States (0.3 tons)

Source: IndexBox Market Intelligence Platform

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