Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in China - 2023

Contents:

  1. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in China (CIF) - 2022
  2. Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in China (FOB) - 2022
  3. Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in China
  4. Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in China

Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in China (CIF) - 2022

In 2022, the average import price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids amounted to $2,475 per ton, declining by -32.9% against the previous year. In general, the import price, however, saw a prominent increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 68%. Over the period under review, average import prices attained the maximum at $4,631 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 ($19,831 per ton), while the price for Taiwan (Chinese) ($1,416 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+30.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in China (FOB) - 2022

The average export price for hydrogen chloride (hydrochloric acid); chlorosulphuric acids stood at $517 per ton in 2022, with an increase of 26% against the previous year. Over the period under review, the export price recorded a strong expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 46%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($3,659 per ton), while the average price for exports to Hong Kong SAR ($121 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 Taiwan (Chinese) (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in China

In 2022, approx. 8.6K tons of hydrogen chloride (hydrochloric acid); chlorosulphuric acids were imported into China; rising by 25% on the previous year. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids shrank sharply to $21M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 33%. As a result, imports reached the peak of $26M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan5.010.514.79.021.6%
Taiwan (Chinese)2.63.75.57.743.6%
South Korea2.41.00.94.018.6%
United States2.62.82.70.2-57.5%
Germany6.87.71.50.2-69.1%
Others0.10.20.20.226.0%
Total19.626.025.521.32.8%

Top Suppliers of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid to China in 2022:

  1. Taiwan (Chinese) (5.4K tons)
  2. Japan (2.8K tons)
  3. South Korea (0.4K tons)

Exports of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in China

Exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids from China surged to 28K tons in 2022, rising by 53% on the previous year's figure. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of hydrogen chloride (hydrochloric acid); chlorosulphuric acids skyrocketed to $14M in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)3931,1172,5524,592126.9%
United StatesN/AN/A3.24,194130962.5%
Japan1,2671,0591,2541,5807.6%
South Korea24928853161535.2%
Malaysia18927142445133.6%
Thailand410555475347-5.4%
Vietnam709602657323-23.1%
TajikistanN/AN/AN/A2350%
GuineaN/AN/A53.9234334.1%
Hong Kong SAR247258295219-3.9%
Kenya13080.747.920215.8%
CambodiaN/A4.963.8201540.5%
Macao SAR1571531651988.0%
Others7418748718745.7%
Total4,4915,2637,39314,26547.0%

Top Export Markets for Hydrogen Chloride (Hydrochloric Acid); Chlorosulphuric Acid from China in 2022:

  1. United States (11.0K tons)
  2. Japan (3.0K tons)
  3. South Korea (2.0K tons)
  4. Hong Kong SAR (1.8K tons)
  5. Taiwan (Chinese) (1.3K tons)
  6. Cambodia (1.0K tons)
  7. Kenya (0.9K tons)
  8. Thailand (0.9K tons)
  9. Guinea (0.7K tons)
  10. Vietnam (0.7K tons)
  11. Tajikistan (0.7K tons)
  12. Macao SAR (0.7K tons)
  13. Malaysia (0.5K tons)

Source: IndexBox Market Intelligence Platform

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