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

Contents:

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

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

The average import price for inorganic acids; other than hydrogen fluorides stood at $3,896 per ton in 2022, jumping by 72% against the previous year. Over the period under review, the import price recorded 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 ($14,612 per ton), while the price for Taiwan (Chinese) ($2,092 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $4,041 per ton, surging by 85% against the previous year. In general, the export price recorded temperate growth. The export price peaked at $4,549 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($14,905 per ton), while the average price for exports to Chile ($3,394 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 Venezuela (+61.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Colombia

In 2022, after two years of decline, there was significant growth in supplies from abroad of inorganic acids; other than hydrogen fluorides, when their volume increased by 11% to 508 tons. Overall, imports, however, showed a deep reduction.

In value terms, imports of inorganic acids; other than hydrogen fluorides surged to $2M in 2022. Over the period under review, imports posted a significant increase. 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 Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5785336211,51737.9%
United Kingdom2212232542402.8%
United States74.947.917.173.5-0.6%
Taiwan (Chinese)13280.363.541.8-31.8%
Others10792.984.11080.3%
Total1,1149771,0391,98021.1%

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

  1. China (418.9 tons)
  2. United Kingdom (47.5 tons)
  3. Taiwan (Chinese) (20.0 tons)
  4. United States (14.1 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Colombia

In 2022, exports of inorganic acids; other than hydrogen fluorides from Colombia skyrocketed to 6.7 tons, with an increase of 64% on the previous year's figure. In general, exports recorded a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,365%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of inorganic acids; other than hydrogen fluorides soared to $27K in 2022. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,224%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Export of Inorganic Acids; Other than Hydrogen Fluoride in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador5.80.18.714.937.0%
Chile1.2N/AN/A6.878.3%
PeruN/AN/AN/A3.10%
BoliviaN/AN/AN/A2.30%
Panama1.6N/AN/AN/A0%
Others0.10.60.2N/A41.4%
Total8.80.79.027.145.5%

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

  1. Ecuador (4.0 tons)
  2. Chile (2.0 tons)
  3. Bolivia (0.5 tons)
  4. Peru (0.2 tons)

Source: IndexBox Market Intelligence Platform

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