Algeria - Hydrogen Chloride (Hydrochloric Acid) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlgeria: Hydrogen Chloride Market 2024
Hydrogen Chloride Market Size in Algeria
In 2021, the Algerian hydrogen chloride market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a abrupt decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Hydrogen Chloride Production in Algeria
In value terms, hydrogen chloride production expanded remarkably to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt setback. Hydrogen chloride production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.
Hydrogen Chloride Exports
Exports from Algeria
In 2021, exports of hydrogen chloride (hydrochloric acid) from Algeria surged to X tons, jumping by 20% on 2020. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 85%. The exports peaked in 2021 and are expected to retain growth in years to come.
In value terms, hydrogen chloride exports skyrocketed to $X in 2021. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2016 when exports increased by 38% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in years to come.
Exports by Country
Tunisia (X tons) was the main destination for hydrogen chloride exports from Algeria, with a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Tunisia totaled +31.3%.
In value terms, Tunisia ($X) also remains the key foreign market for hydrogen chloride (hydrochloric acid) exports from Algeria.
From 2012 to 2021, the average annual rate of growth in terms of value to Tunisia amounted to +20.7%.
Export Prices by Country
In 2021, the average hydrogen chloride export price amounted to $X per ton, leveling off at the previous year. Over the period under review, the export price recorded a abrupt downturn. The growth pace was the most rapid in 2017 a decrease of -0.3%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Tunisia.
From 2012 to 2021, the rate of growth in terms of prices for Tunisia amounted to -8.0% per year.
Hydrogen Chloride Imports
Imports into Algeria
In 2021, the amount of hydrogen chloride (hydrochloric acid) imported into Algeria contracted sharply to X tons, which is down by -35.3% on 2020 figures. In general, imports showed a dramatic contraction. The pace of growth was the most pronounced in 2019 with an increase of 250%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, hydrogen chloride imports contracted dramatically to $X in 2021. Over the period under review, imports showed a sharp shrinkage. The growth pace was the most rapid in 2019 with an increase of 297%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Pakistan (X tons) constituted the largest supplier of hydrogen chloride to Algeria, with a 82% share of total imports. Moreover, hydrogen chloride imports from Pakistan exceeded the figures recorded by the second-largest supplier, South Africa (X tons), sixfold. The third position in this ranking was taken by the Netherlands (X tons), with a 1.5% share.
From 2012 to 2021, the average annual growth rate of volume from Pakistan amounted to -19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-33.1% per year) and the Netherlands (-43.0% per year).
In value terms, Pakistan ($X) constituted the largest supplier of hydrogen chloride (hydrochloric acid) to Algeria, comprising 79% of total imports. The second position in the ranking was taken by South Africa ($X), with an 11% share of total imports. It was followed by Spain, with a 1.4% share.
From 2012 to 2021, the average annual growth rate of value from Pakistan stood at -11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-26.2% per year) and Spain (-59.2% per year).
Import Prices by Country
In 2021, the average hydrogen chloride import price amounted to $X per ton, surging by 25% against the previous year. Over the period under review, the import price showed a prominent increase. The pace of growth appeared the most rapid in 2016 an increase of 59% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the hydrogen chloride market in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20132413 - Hydrogen chloride (hydrochloric acid)
Country coverage:
- Algeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Algeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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