Price for Inorganic Acids; Other than Hydrogen Fluoride in Norway - 2023
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Norway (CIF) - 2022
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Norway (FOB) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Norway
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in Norway
Price for Inorganic Acids; Other than Hydrogen Fluoride in Norway (CIF) - 2022
In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $1,495 per ton, increasing by 25% against the previous year. In general, the import price, however, continues to indicate a mild slump. The growth pace was the most rapid in 2021 an increase of 33% against the previous year. The import price peaked at $1,690 per ton in 2012; however, from 2013 to 2022, 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 Denmark ($2,585 per ton), while the price for Germany ($936 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inorganic Acids; Other than Hydrogen Fluoride in Norway (FOB) - 2022
The average export price for inorganic acids; other than hydrogen fluorides stood at $7,543 per ton in 2022, reducing by -13.4% against the previous year. Overall, the export price, however, saw a tangible expansion. The growth pace was the most rapid in 2014 when the average export price increased by 553%. As a result, the export price attained the peak level of $18,822 per ton. From 2015 to 2022, the average export prices remained at a somewhat 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 the Netherlands ($34,104 per ton), while the average price for exports to Estonia ($586 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 the United Arab Emirates (+125.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Norway
For the fourth year in a row, Norway recorded growth in purchases abroad of inorganic acids; other than hydrogen fluorides, which increased by 55% to 871 tons in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of inorganic acids; other than hydrogen fluorides soared to $1.3M in 2022. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 104%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Inorganic Acids; Other than Hydrogen Fluoride in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | 0.5 | 119 | 534 | 3168.0% |
Indonesia | 182 | 198 | 200 | 344 | 23.6% |
Germany | 44.5 | 51.8 | 112 | 84.5 | 23.8% |
Denmark | 17.5 | 20.7 | 76.3 | 78.2 | 64.7% |
Spain | N/A | 27.1 | 51.9 | N/A | 91.5% |
Others | 28.8 | 32.9 | 114 | 260 | 108.2% |
Total | 273 | 331 | 673 | 1,302 | 68.3% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Norway in 2022:
- China (533.6 tons)
- Indonesia (206.9 tons)
- Germany (90.2 tons)
- Denmark (30.2 tons)
Exports of Inorganic Acids; Other than Hydrogen Fluoride in Norway
In 2022, exports of inorganic acids; other than hydrogen fluorides from Norway soared to 4.5 tons, with an increase of 22% against the previous year's figure. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 120% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of inorganic acids; other than hydrogen fluorides reached $34K in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 70%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
Export of Inorganic Acids; Other than Hydrogen Fluoride in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 1.9 | 0.5 | 1.1 | 16.8 | 106.8% |
Netherlands | 2.0 | 0.7 | 4.6 | 4.9 | 34.8% |
Taiwan (Chinese) | N/A | N/A | 3.0 | 0.9 | -70.0% |
Denmark | 0.5 | 1.8 | 5.7 | 0.8 | 17.0% |
Estonia | 0.7 | 0.5 | N/A | 0.5 | -10.6% |
Lithuania | N/A | N/A | N/A | 0.4 | 0% |
United Kingdom | 2.4 | N/A | 1.1 | 0.2 | -56.3% |
Cyprus | N/A | 9.7 | N/A | N/A | 0% |
India | N/A | N/A | 0.4 | N/A | 0% |
Finland | N/A | N/A | 2.2 | N/A | 0% |
Others | 6.5 | 5.5 | 13.9 | 9.3 | 12.7% |
Total | 13.9 | 18.8 | 32.0 | 33.8 | 34.5% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Norway in 2022:
- Sweden (2994.0 kg)
- Estonia (842.0 kg)
- Denmark (160.0 kg)
- Lithuania (155.0 kg)
- Netherlands (144.0 kg)
- United Kingdom (12.0 kg)
- Taiwan (Chinese) (8.0 kg)
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