Price for Inorganic Acids; Other than Hydrogen Fluoride in Pakistan - 2023
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Pakistan (CIF) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Pakistan
Price for Inorganic Acids; Other than Hydrogen Fluoride in Pakistan (CIF) - 2022
In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $2,234 per ton, surging by 14% against the previous year. Over the period under review, the import price enjoyed a tangible increase. The growth pace was the most rapid in 2013 an increase of 64% against the previous year. The import price peaked at $3,996 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($3,258 per ton), while the price for China ($1,808 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Pakistan
After three years of growth, supplies from abroad of inorganic acids; other than hydrogen fluorides decreased by -12.9% to 714 tons in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 107%. As a result, imports reached the peak of 819 tons, and then dropped in the following year.
In value terms, imports of inorganic acids; other than hydrogen fluorides dropped to $1.6M in 2022. In general, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year. As a result, imports attained the peak of $1.6M, leveling off in the following year.
Import of Inorganic Acids; Other than Hydrogen Fluoride in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Jordan | 448 | 376 | 876 | 925 | 27.3% |
China | 64.5 | 60.5 | 180 | 568 | 106.5% |
Japan | 20.6 | 6.5 | 45.8 | 56.6 | 40.1% |
Netherlands | 428 | 343 | 396 | N/A | -3.8% |
Others | 87.1 | 73.5 | 110 | 44.6 | -20.0% |
Total | 1,048 | 859 | 1,607 | 1,595 | 15.0% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Pakistan in 2022:
- Jordan (361.6 tons)
- China (314.3 tons)
- Japan (19.8 tons)
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