Czech Republic: Hydrogen Fluoride Market 2024

Hydrogen Fluoride Market Size in the Czech Republic

The Czech hydrogen fluoride market contracted to $X in 2021, dropping by -11.3% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then fell in the following year.

Hydrogen Fluoride Production in the Czech Republic

In value terms, hydrogen fluoride production dropped significantly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 53%. As a result, production reached the peak level of $X, and then dropped dramatically in the following year.

Hydrogen Fluoride Exports

Exports from the Czech Republic

In 2021, shipments abroad of hydrogen fluoride (hydrofluoric acid) decreased by -52.7% to X tons, falling for the third consecutive year after two years of growth. Overall, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2017 when exports increased by 13% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, hydrogen fluoride exports dropped rapidly to $X in 2021. Over the period under review, exports saw a deep downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 22%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Slovenia (X tons), Austria (X tons) and Poland (X tons) were the main destinations of hydrogen fluoride exports from the Czech Republic, with a combined 71% share of total exports. Sweden, Ukraine, Hungary, Germany and Lithuania lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +2.8%), while shipments for the other leaders experienced a decline.

In value terms, Slovenia ($X), Austria ($X) and Poland ($X) appeared to be the largest markets for hydrogen fluoride exported from the Czech Republic worldwide, together comprising 69% of total exports. Sweden, Ukraine, Hungary, Lithuania and Germany lagged somewhat behind, together comprising a further 27%.

In terms of the main countries of destination, Sweden, with a CAGR of +12.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average hydrogen fluoride export price amounted to $X per ton, jumping by 28% against the previous year. Overall, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 54%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hydrogen Fluoride Imports

Imports into the Czech Republic

In 2021, imports of hydrogen fluoride (hydrofluoric acid) into the Czech Republic declined sharply to X tons, with a decrease of -21.3% on 2020 figures. Overall, imports showed a drastic downturn. The growth pace was the most rapid in 2017 when imports increased by 18% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, hydrogen fluoride imports dropped to $X in 2021. In general, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by 19% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of hydrogen fluoride to the Czech Republic, with a 87% share of total imports. Moreover, hydrogen fluoride imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to -10.6%.

In value terms, Germany ($X) constituted the largest supplier of hydrogen fluoride (hydrofluoric acid) to the Czech Republic, comprising 87% of total imports. The second position in the ranking was taken by Spain ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -7.1%.

Import Prices by Country

In 2021, the average hydrogen fluoride import price amounted to $X per ton, surging by 12% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.9% 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 fluoride import price increased by +66.9% against 2015 indices. The most prominent rate of growth was recorded in 2018 an increase of 21%. The import price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably 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 Spain totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.0%).

Source: IndexBox Platform

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