Hydrogen Chloride Market Overview in Pakistan
In value terms, hydrogen chloride production reduced modestly to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the production volume increased by % year-to-year. Over the period under review, production reached the maximum level at $ in 2010; however, from 2011 to 2019, production failed to regain the momentum.
The revenue of the hydrogen chloride market in Pakistan dropped modestly to $ in 2019, approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of % against the previous year. Over the period under review, the market reached the maximum level at $ in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.