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

Contents:

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

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

The average export price for inorganic acids; other than hydrogen fluorides stood at $1,469 per ton in 2022, jumping by 60% against the previous year. Overall, the export price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2020 an increase of 820%. Over the period under review, the average export prices reached the maximum at $1,798 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($1,817 per ton), while the average price for exports to Kazakhstan ($1,200 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 Estonia (+341.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $2,584 per ton, growing by 27% against the previous year. Over the period under review, the import price saw buoyant growth. The pace of growth was the most pronounced in 2013 an increase of 63% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 Kazakhstan ($5,491 per ton), while the price for Israel ($554 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Russia

In 2022, the amount of inorganic acids; other than hydrogen fluorides exported from Russia shrank remarkably to 4.9K tons, with a decrease of -53% compared with 2021. Over the period under review, exports showed a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 79% against the previous year.

In value terms, exports of inorganic acids; other than hydrogen fluorides fell sharply to $7.1M in 2022. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 180% against the previous year. As a result, the exports reached the peak of $9.5M, and then dropped dramatically in the following year.

Export of Inorganic Acids; Other than Hydrogen Fluoride in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3761,0362,5461,86370.5%
Kazakhstan47049333978318.5%
Lithuania25.540.9557618189.4%
Poland11.912.3281365213.0%
TurkeyN/AN/AN/A1020%
Estonia0.730.749.399.3421.5%
Uzbekistan24.048.032.072.444.5%
Austria46.34341,211N/A411.4%
Morocco13.4N/AN/AN/A0%
Angola20.9N/AN/AN/A0%
Belarus82.4129723N/A196.2%
Others4461,1673,7563,24693.8%
Total1,5173,3909,4957,14767.6%

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

  1. Germany (1317.9 tons)
  2. Kazakhstan (652.2 tons)
  3. Lithuania (340.0 tons)
  4. Poland (267.0 tons)
  5. Turkey (63.0 tons)
  6. Estonia (55.0 tons)
  7. Uzbekistan (50.0 tons)

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Russia

In 2022, overseas purchases of inorganic acids; other than hydrogen fluorides decreased by -12% to 1.4K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2020 when imports increased by 22%. As a result, imports attained the peak of 1.9K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of inorganic acids; other than hydrogen fluorides rose significantly to $3.7M in 2022. The total import value increased at an average annual rate of +14.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 32%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Inorganic Acids; Other than Hydrogen Fluoride in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5641,1146522,07354.3%
KazakhstanN/A15.216.3874658.3%
Poland404518775222-18.1%
Germany24130431439.5-45.3%
IsraelN/AN/A49.011.0-77.6%
Others1,2951,3501,528515-26.5%
Total2,5053,3013,3343,73414.2%

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

  1. China (891.5 tons)
  2. Kazakhstan (159.1 tons)
  3. Poland (153.9 tons)
  4. Israel (19.9 tons)
  5. Germany (6.8 tons)

Source: IndexBox Market Intelligence Platform

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