EU: Hydrogen Fluoride Market 2024

Hydrogen Fluoride Market Size in the EU

After two years of decline, the EU hydrogen fluoride market increased by 0.2% to $X in 2021. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Hydrogen Fluoride Production in the EU

In value terms, hydrogen fluoride production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 71% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Hydrogen Fluoride Exports

Exports in the EU

In 2021, shipments abroad of hydrogen fluoride (hydrofluoric acid) was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by 38%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, hydrogen fluoride exports expanded remarkably to $X in 2021. Over the period under review, exports, however, saw a perceptible decline. The pace of growth was the most pronounced in 2018 when exports increased by 55% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany prevails in exports structure, finishing at X tons, which was approx. 91% of total exports in 2021. It was distantly followed by France (X tons), mixing up a 5.8% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to hydrogen fluoride exports from Germany stood at -4.1%. France experienced a relatively flat trend pattern. France (+5.8 p.p.) significantly strengthened its position in terms of the total exports, while Germany saw its share reduced by -4.9% from 2012 to 2021, respectively.

In value terms, Germany ($X) remains the largest hydrogen fluoride supplier in the European Union, comprising 91% of total exports. The second position in the ranking was held by France ($X), with a 4.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany amounted to -5.2%.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, falling by -4.4% against the previous year. In general, the export price showed a mild descent. The most prominent rate of growth was recorded in 2019 an increase of 13%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while France amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-1.2%).

Hydrogen Fluoride Imports

Imports in the EU

In 2021, supplies from abroad of hydrogen fluoride (hydrofluoric acid) increased by 8.6% to X tons, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydrogen fluoride imports reached $X in 2021. The total import value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when imports increased by 14%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in years to come.

Imports by Country

France represented the major importer of hydrogen fluoride (hydrofluoric acid) in the European Union, with the volume of imports reaching X tons, which was near 51% of total imports in 2021. The Netherlands (X tons) held a 15% share (based on physical terms) of total imports, which put it in second place, followed by Belgium (7.8%), Spain (5.4%) and Germany (5%). Italy (X tons) and Ireland (X tons) followed a long way behind the leaders.

France was also the fastest-growing in terms of the hydrogen fluoride (hydrofluoric acid) imports, with a CAGR of +6.8% from 2012 to 2021. At the same time, Belgium (+4.1%), Ireland (+2.2%) and Germany (+2.1%) displayed positive paces of growth. By contrast, Spain (-2.5%), the Netherlands (-5.5%) and Italy (-9.6%) illustrated a downward trend over the same period. France (+18 p.p.) and Spain (+5.4 p.p.) significantly strengthened its position in terms of the total imports, while Italy and the Netherlands saw its share reduced by -6% and -14.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) constitutes the largest market for imported hydrogen fluoride (hydrofluoric acid) in the European Union, comprising 51% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an 18% share of total imports. It was followed by Germany, with a 7.4% share.

In France, hydrogen fluoride imports increased at an average annual rate of +5.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (-4.8% per year) and Germany (+6.0% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, increasing by 1.8% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the import price increased by 14% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+6.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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