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

Contents:

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

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

In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $575 per ton, falling by -62.2% against the previous year. Overall, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2013 when the average import price increased by 83%. As a result, import price attained the peak level of $2,307 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($2,368 per ton), while the price for India ($473 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+13.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $3,833 per ton, picking up by 29% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $5,932 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -2.8% per year.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Tanzania

In 2022, the amount of inorganic acids; other than hydrogen fluorides imported into Tanzania soared to 367 tons, jumping by 669% on the previous year's figure. Overall, imports showed a significant expansion. As a result, imports attained 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 $211K in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 528%. As a result, imports attained the peak of $241K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Inorganic Acids; Other than Hydrogen Fluoride in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.514.73.589.2170.6%
India5.560.86.184.8148.9%
South Africa5.337.07.235.889.0%
Malaysia6.018.97.7N/A13.3%
Others17.111048.01.1-59.9%
Total38.424172.521176.5%

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

  1. India (179.3 tons)
  2. China (172.2 tons)
  3. South Africa (15.1 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Tanzania

After three years of growth, shipments abroad of inorganic acids; other than hydrogen fluorides decreased by -99.6% to 30 kg in 2022. Over the period under review, exports faced a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 167%. As a result, the exports attained the peak of 7.8 tons, and then dropped markedly in the following year.

In value terms, exports of inorganic acids; other than hydrogen fluorides shrank significantly to $115 in 2022. Overall, exports showed a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 91% against the previous year. As a result, the exports reached the peak of $23K, and then fell sharply in the following year.

Export of Inorganic Acids; Other than Hydrogen Fluoride in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo7.97.13.10.1-76.7%
Uganda0.62.65.6N/A205.5%
Zambia0.32.414.3N/A590.4%
OthersN/A0.10.3N/A200.0%
Total8.812.223.40.1-77.5%

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

  1. Democratic Republic of the Congo (30.0 kg)

Source: IndexBox Market Intelligence Platform

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