An examination of the international trade rate of sulfuric acid shows that only a small share of about 7% of total global supply and demand is traded on trade routes
An examination of the international trade rate of Sulfuric acid shows that only a small share of about 7% of total global supply and demand is traded on trade routes. The main reason for this is the corrosive nature of this Chemical and the high cost of port infrastructure and transportation. In addition, optional acid-producing units are always constructed next to consumer markets so that they do not have to worry about shipping.
The price of sulfuric acid is theoretically relative to the price of sulfur. However, the interference of supply and demand in the global sulfuric acid market causes the acid to sulfur price ratio not to be observed.
According to economic and industrial studies, the demand for sulfuric acid is not expected to change much in the coming years.
However, demand for sulfuric acid will grow at a slight annual rate. Demand for sulfuric acid can be expected to grow significantly as a result of production leap in the chemical fertilizer industry.
