Price for Inorganic Acids; Other than Hydrogen Fluoride in the Czech Republic - 2023

Contents:

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

Price for Inorganic Acids; Other than Hydrogen Fluoride in the Czech Republic (CIF) - 2022

The average import price for inorganic acids; other than hydrogen fluorides stood at $3,095 per ton in 2022, remaining relatively unchanged against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for inorganic acids; other than hydrogen fluorides increased by +66.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 39%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 the UK ($10,280 per ton), while the price for Poland ($2,126 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Inorganic Acids; Other than Hydrogen Fluoride in the Czech Republic (FOB) - 2022

In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $4,974 per ton, picking up by 131% against the previous year. Overall, the export price recorded a remarkable increase. 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 Sweden ($32,529 per ton), while the average price for exports to Hungary ($245 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 Sweden (+27.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in the Czech Republic

For the fourth year in a row, the Czech Republic recorded growth in overseas purchases of inorganic acids; other than hydrogen fluorides, which increased by 9.8% to 590 tons in 2022. The total import volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of inorganic acids; other than hydrogen fluorides expanded rapidly to $1.8M in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 52%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Inorganic Acids; Other than Hydrogen Fluoride in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain86.7678606893117.6%
Poland49.643.215229982.0%
Germany10498.015717118.0%
China3420.8423107-32.1%
Slovakia4.93.96.165.7137.6%
France10411296.151.1-21.1%
Italy30.442.439.236.15.9%
Indonesia59.9N/AN/AN/A0%
Others68.610817420243.3%
Total8501,0861,6531,82529.0%

Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to the Czech Republic in 2022:

  1. Spain (325.8 tons)
  2. Poland (140.5 tons)
  3. Germany (42.3 tons)
  4. Slovakia (17.7 tons)
  5. Italy (16.6 tons)
  6. France (15.7 tons)
  7. China (11.5 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in the Czech Republic

In 2022, approx. 62 tons of inorganic acids; other than hydrogen fluorides were exported from the Czech Republic; with a decrease of -42.2% compared with the year before. Overall, exports faced a sharp decrease. The smallest decline of -28.1% was in 2021.

In value terms, exports of inorganic acids; other than hydrogen fluorides surged to $309K in 2022. Over the period under review, exports faced a drastic downturn.

Export of Inorganic Acids; Other than Hydrogen Fluoride in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden69.010511521044.9%
Slovakia18919.124.737.9-41.5%
Saudi ArabiaN/AN/AN/A33.20%
TurkeyN/AN/AN/A11.80%
Poland76.42.41.93.4-64.6%
Hungary26.12.116.63.0-51.4%
Romania32.3N/AN/A0.1-85.4%
Netherlands71.313023.4N/A-42.7%
Others10.814.850.19.8-3.2%
Total475273231309-13.4%

Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from the Czech Republic in 2022:

  1. Slovakia (35.1 tons)
  2. Hungary (12.3 tons)
  3. Sweden (6.5 tons)
  4. Saudi Arabia (3.2 tons)
  5. Turkey (2.0 tons)
  6. Poland (1.4 tons)

Source: IndexBox Market Intelligence Platform

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