Price for Inorganic Acids; Other than Hydrogen Fluoride in Denmark - 2023

Contents:

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

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

The average import price for inorganic acids; other than hydrogen fluorides stood at $2,306 per ton in 2022, picking up by 34% against the previous year. Overall, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 60%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Netherlands ($4,018 per ton), while the price for Sweden ($1,375 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for inorganic acids; other than hydrogen fluorides stood at $2,541 per ton in 2022, jumping by 32% against the previous year. In general, the export price posted slight growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 104% against the previous year. The export price peaked at $2,966 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($2,709 per ton), while the average price for exports to Finland ($2,259 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 (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Inorganic Acids; Other than Hydrogen Fluoride in Denmark

In 2022, approx. 415 tons of inorganic acids; other than hydrogen fluorides were imported into Denmark; jumping by 68% on 2021 figures. Overall, imports, however, showed a abrupt slump.

In value terms, imports of inorganic acids; other than hydrogen fluorides skyrocketed to $957K in 2022. In general, imports enjoyed 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 Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany77.594.527951387.8%
China14.0N/AN/A224152.0%
Indonesia22527.925.768.0-32.9%
Netherlands23.024.741.841.321.5%
FinlandN/AN/AN/A34.40%
Taiwan (Chinese)46.684.5N/AN/A81.3%
Others13.528.979.475.977.8%
Total40026142695733.7%

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

  1. Germany (237.8 tons)
  2. China (95.7 tons)
  3. Indonesia (47.8 tons)
  4. Finland (12.7 tons)
  5. Netherlands (10.3 tons)

Exports of Inorganic Acids; Other than Hydrogen Fluoride in Denmark

For the fourth year in a row, Denmark recorded growth in shipments abroad of inorganic acids; other than hydrogen fluorides, which increased by 58% to 249 tons in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 426% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of inorganic acids; other than hydrogen fluorides surged to $632K in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 525%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Inorganic Acids; Other than Hydrogen Fluoride in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden19.39.4193295148.2%
Norway16.632.283.7181121.7%
FinlandN/A0.61.81511486.4%
Others19.16.324.14.4-38.7%
Total55.048.5303632125.7%

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

  1. Sweden (113.2 tons)
  2. Finland (66.9 tons)
  3. Norway (66.9 tons)

Source: IndexBox Market Intelligence Platform

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