Price for Inorganic Acids; Other than Hydrogen Fluoride in Portugal - 2023
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Portugal (CIF) - 2022
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Portugal (FOB) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Portugal
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in Portugal
Price for Inorganic Acids; Other than Hydrogen Fluoride in Portugal (CIF) - 2022
In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $1,343 per ton, with an increase of 6.3% against the previous year. Overall, the import price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of 59%. Over the period under review, average import prices attained the peak figure at $2,304 per ton in 2012; however, from 2013 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 France ($77,901 per ton), while the price for China ($603 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inorganic Acids; Other than Hydrogen Fluoride in Portugal (FOB) - 2022
In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $10,076 per ton, picking up by 146% against the previous year. Over the period under review, the export price continues to indicate prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cabo Verde ($13,700 per ton), while the average price for exports to Spain ($1,746 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 Sao Tome and Principe (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Portugal
In 2022, approx. 1.2K tons of inorganic acids; other than hydrogen fluorides were imported into Portugal; jumping by 51% on 2021 figures. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 skyrocketed to $1.6M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Inorganic Acids; Other than Hydrogen Fluoride in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 0.3 | N/A | 405 | 3574.2% |
| Belgium | 2.7 | 2.6 | 448 | 377 | 418.8% |
| Spain | 314 | 189 | 173 | 319 | 0.5% |
| Netherlands | 777 | 751 | 183 | 209 | -35.4% |
| China | 55.9 | 55.1 | 26.7 | 187 | 49.6% |
| Taiwan (Chinese) | 15.6 | 32.1 | N/A | N/A | 105.8% |
| Others | 86.3 | 70.0 | 152 | 83.7 | -1.0% |
| Total | 1,252 | 1,101 | 983 | 1,581 | 8.1% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Portugal in 2022:
- Spain (464.4 tons)
- China (310.8 tons)
- Netherlands (142.2 tons)
- Belgium (130.3 tons)
- India (122.5 tons)
Exports of Inorganic Acids; Other than Hydrogen Fluoride in Portugal
In 2022, overseas shipments of inorganic acids; other than hydrogen fluorides decreased by -75% to 2.2 tons, falling for the second year in a row after two years of growth. In general, exports showed a sharp contraction. The growth pace was the most rapid in 2020 with an increase of 112%. As a result, the exports attained the peak of 11 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of inorganic acids; other than hydrogen fluorides dropped rapidly to $22K in 2022. Overall, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 78%.
| Export of Inorganic Acids; Other than Hydrogen Fluoride in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cabo Verde | N/A | 2.4 | 2.2 | 19.9 | 188.0% |
| Spain | 0.1 | 7.6 | 8.3 | 0.9 | 108.0% |
| Angola | 6.0 | 19.5 | 12.4 | 0.5 | -56.3% |
| Poland | N/A | N/A | N/A | 0.5 | 0% |
| Italy | 2.4 | 1.3 | 0.6 | 0.3 | -50.0% |
| Switzerland | N/A | 0.7 | 0.3 | N/A | -57.1% |
| Mozambique | 5.5 | N/A | 2.3 | N/A | -35.3% |
| Sao Tome and Principe | 4.7 | 2.0 | N/A | N/A | -57.4% |
| Turkey | N/A | N/A | 10.2 | N/A | 0% |
| Others | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Total | 18.9 | 33.6 | 36.3 | 22.3 | 5.7% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Portugal in 2022:
- Cabo Verde (1452.0 kg)
- Spain (504.0 kg)
- Angola (102.0 kg)
- Italy (96.0 kg)
- Poland (59.0 kg)
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