Price for Inorganic Acids; Other than Hydrogen Fluoride in Israel - 2023
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Israel (FOB) - 2022
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Israel (CIF) - 2022
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in Israel
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Israel
Price for Inorganic Acids; Other than Hydrogen Fluoride in Israel (FOB) - 2022
In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $2,506 per ton, waning by -7.4% against the previous year. Overall, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,917 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
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 Taiwan (Chinese) ($3,315 per ton), while the average price for exports to the UK ($421 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 South Korea (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Inorganic Acids; Other than Hydrogen Fluoride in Israel (CIF) - 2022
In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $2,510 per ton, picking up by 61% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.8% 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 +111.7% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($2,510 per ton) and the Netherlands ($2,510 per ton), while the price for Singapore ($2,510 per ton) and China ($2,510 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Inorganic Acids; Other than Hydrogen Fluoride in Israel
In 2022, approx. 43K tons of inorganic acids; other than hydrogen fluorides were exported from Israel; jumping by 67% on the previous year. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of inorganic acids; other than hydrogen fluorides surged to $109M in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Inorganic Acids; Other than Hydrogen Fluoride in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.4 | 34.2 | 46.5 | 79.3 | 44.3% |
| Belgium | 5.4 | 3.4 | 5.2 | 9.8 | 22.0% |
| South Korea | 4.3 | 1.2 | 4.9 | 6.9 | 17.1% |
| Taiwan (Chinese) | 4.4 | 3.5 | 2.9 | 3.2 | -10.1% |
| India | 3.6 | 3.4 | 4.0 | 2.2 | -15.1% |
| Thailand | 1.0 | 1.2 | 1.1 | 1.6 | 17.0% |
| United States | 1.9 | 1.5 | 1.8 | 1.5 | -7.6% |
| United Kingdom | 0.4 | 0.5 | 0.3 | 0.4 | 0.0% |
| Others | 4.2 | 2.8 | 3.7 | 4.0 | -1.6% |
| Total | 51.5 | 51.7 | 70.4 | 109 | 28.4% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Israel in 2022:
- China (29.4K tons)
- Belgium (5.3K tons)
- South Korea (2.2K tons)
- India (1.4K tons)
- United States (1.2K tons)
- Taiwan (Chinese) (1.0K tons)
- United Kingdom (0.9K tons)
- Thailand (0.5K tons)
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Israel
For the fourth year in a row, Israel recorded growth in overseas purchases of inorganic acids; other than hydrogen fluorides, which increased by 49% to 5.8K tons in 2022. In general, imports recorded 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 surged to $15M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Inorganic Acids; Other than Hydrogen Fluoride in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.6 | 3.3 | 5.0 | 9.5 | 81.1% |
| Singapore | N/A | N/A | N/A | 3.1 | 0% |
| United States | 0.1 | 0.4 | 0.1 | 1.3 | 135.1% |
| Germany | 0.4 | 0.2 | 0.2 | 0.2 | -20.6% |
| South Korea | 0.3 | N/A | 0.7 | N/A | 52.8% |
| Others | 0.1 | 0.2 | 0.1 | 0.4 | 58.7% |
| Total | 2.7 | 4.1 | 6.1 | 14.6 | 75.5% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Israel in 2022:
- China (3.8K tons)
- Singapore (1.2K tons)
- United States (0.5K tons)
- Germany (0.1K tons)
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