Report Update Nov 1, 2024

Australia - Hydrogen Fluoride (Hydrofluoric Acid) - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Hydrogen Fluoride Market 2024

Hydrogen Fluoride Market Size in Australia

In 2021, the Australian hydrogen fluoride market increased by 14% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption recorded a relatively flat trend pattern. Hydrogen fluoride consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Hydrogen Fluoride Exports

Exports from Australia

In 2021, shipments abroad of hydrogen fluoride (hydrofluoric acid) increased by 78% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 1,388%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, hydrogen fluoride exports skyrocketed to $X in 2021. Over the period under review, exports posted a prominent increase. The growth pace was the most rapid in 2016 with an increase of 2,162% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X tons) was the main destination for hydrogen fluoride exports from Australia, accounting for a 72% share of total exports. Moreover, hydrogen fluoride exports to New Zealand exceeded the volume sent to the second major destination, the UK (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to New Zealand amounted to +11.2%.

In value terms, New Zealand ($X) remains the key foreign market for hydrogen fluoride (hydrofluoric acid) exports from Australia, comprising 28% of total exports. The second position in the ranking was held by the UK ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand stood at +11.3%.

Export Prices by Country

The average hydrogen fluoride export price stood at $X per ton in 2021, increasing by 11% against the previous year. In general, the export price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2013 an increase of 160% against the previous year. As a result, the export price reached 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 foreign markets. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to the UK totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+0.1%), while the prices for the other major destinations experienced a decline.

Hydrogen Fluoride Imports

Imports into Australia

Hydrogen fluoride imports into Australia soared to X tons in 2021, growing by 16% against the year before. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 39%. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, hydrogen fluoride imports rose remarkably to $X in 2021. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 41% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Singapore (X tons) constituted the largest supplier of hydrogen fluoride to Australia, accounting for a 54% share of total imports. Moreover, hydrogen fluoride imports from Singapore exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was held by China (X tons), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from Singapore amounted to +58.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+100.5% per year) and China (-11.1% per year).

In value terms, the largest hydrogen fluoride suppliers to Australia were Singapore ($X), Spain ($X) and China ($X), with a combined 84% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of +70.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hydrogen fluoride import price stood at $X per ton in 2021, shrinking by -1.9% against the previous year. Over the period under review, the import price continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2018 an increase of 28% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hydrogen fluoride (hydrofluoric acid) in the world?

The countries with the highest volumes of hydrogen fluoride consumption in 2021 were China, the United States and India, together accounting for 41% of global consumption. South Korea, Pakistan, Russia, Nigeria, Japan, Mexico, Turkey, France, Taiwan Chinese) and Iran lagged somewhat behind, together comprising a further 31%.

What are the largest producers of hydrogen fluoride (hydrofluoric acid) in the world?

The country with the largest volume of hydrogen fluoride production was China, accounting for 32% of total volume. Moreover, hydrogen fluoride production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of hydrogen fluoride (hydrofluoric acid) to Australia?

In value terms, the largest hydrogen fluoride suppliers to Australia were Singapore, Spain and China, together accounting for 84% of total imports.

What are the leading importers of hydrogen fluoride (hydrofluoric acid) from Australia?

In value terms, New Zealand remains the key foreign market for hydrogen fluoride exports from Australia, comprising 28% of total exports. The second position in the ranking was occupied by the UK, with an 11% share of total exports.

What is the average export price for hydrogen fluoride (hydrofluoric acid) in Australia?

In 2021, the average hydrogen fluoride export price amounted to $3,799 per ton, surging by 174% against the previous year.

What is the average import price for hydrogen fluoride (hydrofluoric acid) in Australia?

In 2021, the average hydrogen fluoride import price amounted to $1,436 per ton, growing by 5.2% against the previous year.

This report provides an in-depth analysis of the hydrogen fluoride market in Australia. 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 20132473 - Hydrogen fluoride (hydrofluoric acid)

Country coverage:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023