Uzbekistan: Hydrogen Chloride Market 2024

Hydrogen Chloride Market Size in Uzbekistan

The Uzbek hydrogen chloride market expanded modestly to $X in 2021, increasing by 2.7% against the previous year. The market value increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Hydrogen chloride consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Hydrogen Chloride Production in Uzbekistan

In value terms, hydrogen chloride production rose to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 42%. Hydrogen chloride production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Hydrogen Chloride Exports

Exports from Uzbekistan

Hydrogen chloride exports from Uzbekistan surged to X tons in 2021, jumping by 36% compared with the year before. Over the period under review, exports, however, recorded a abrupt setback. The growth pace was the most rapid in 2018 when exports increased by 550%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, hydrogen chloride exports surged to $X in 2021. In general, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 533% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Tajikistan (X tons) was the main destination for hydrogen chloride exports from Uzbekistan, with a 93% share of total exports. Moreover, hydrogen chloride exports to Tajikistan exceeded the volume sent to the second major destination, Kazakhstan (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Tajikistan amounted to +18.3%.

In value terms, Tajikistan ($X) remains the key foreign market for hydrogen chloride (hydrochloric acid) exports from Uzbekistan, comprising 93% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 7.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Tajikistan totaled +19.7%.

Export Prices by Country

In 2021, the average hydrogen chloride export price amounted to $X per ton, rising by 7.4% against the previous year. In general, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hydrogen chloride export price decreased by -14.3% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 76%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while the average price for exports to Kazakhstan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

Hydrogen Chloride Imports

Imports into Uzbekistan

For the third year in a row, Uzbekistan recorded growth in supplies from abroad of hydrogen chloride (hydrochloric acid), which increased by 51% to X kg in 2021. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,487%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, hydrogen chloride imports soared to $X in 2021. In general, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 1,320% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Russia (X kg) constituted the largest supplier of hydrogen chloride to Uzbekistan, accounting for a 81% share of total imports. Moreover, hydrogen chloride imports from Russia exceeded the figures recorded by the second-largest supplier, India (X kg), ninefold. The Czech Republic (X kg) ranked third in terms of total imports with a 7.6% share.

From 2017 to 2021, the average annual rate of growth in terms of volume from Russia stood at +202.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+180.6% per year) and the Czech Republic (0.0% per year).

In value terms, Russia ($X) constituted the largest supplier of hydrogen chloride (hydrochloric acid) to Uzbekistan, comprising 85% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 3.8% share of total imports. It was followed by India, with a 1.1% share.

From 2017 to 2021, the average annual growth rate of value from Russia amounted to +103.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+1,005.3% per year) and India (+871.4% per year).

Import Prices by Country

In 2021, the average hydrogen chloride import price amounted to $X per ton, with an increase of 23% against the previous year. In general, the import price, however, recorded a significant decrease. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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 Russia ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by India (+158.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :