Price for Inorganic Acids; Other than Hydrogen Fluoride in Venezuela - 2022
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Venezuela (CIF) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Venezuela
Price for Inorganic Acids; Other than Hydrogen Fluoride in Venezuela (CIF) - 2022
In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $3,466 per ton, picking up by 175% against the previous year. Over the period under review, the import price saw resilient growth. As a result, import price reached the peak level and is likely to continue 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 Germany ($11,690 per ton), while the price for Taiwan (Chinese) ($642 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) (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Venezuela
In 2022, imports of inorganic acids; other than hydrogen fluorides into Venezuela soared to 12 tons, rising by 197% against the previous year's figure. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,824% against the previous year. As a result, imports reached the peak of 81 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of inorganic acids; other than hydrogen fluorides surged to $24K in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,529% against the previous year. As a result, imports reached the peak of $124K. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Inorganic Acids; Other than Hydrogen Fluoride in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.4 | 57.8 | 3.2 | 14.3 | 48.1% |
China | 2.5 | 30.8 | 1.6 | 6.6 | 38.2% |
United States | 0.2 | 28.4 | 0.1 | 1.8 | 108.0% |
Colombia | 0.2 | 2.6 | 0.1 | 0.6 | 44.2% |
Taiwan (Chinese) | 0.1 | 1.0 | N/A | 0.1 | 0.0% |
Others | 0.3 | 3.6 | 0.2 | 0.9 | 44.2% |
Total | 7.6 | 124 | 5.3 | 24.3 | 47.3% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Venezuela in 2022:
- China (9.8 tons)
- Germany (1.2 tons)
- United States (0.5 tons)
- Colombia (0.3 tons)
- Taiwan (Chinese) (0.2 tons)
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