France: Hydrogen Chloride Market 2024

Hydrogen Chloride Market Size in France

The French hydrogen chloride market skyrocketed to $X in 2021, rising by 56% against the previous year. In general, consumption enjoyed moderate growth. Hydrogen chloride consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Hydrogen Chloride Production in France

In value terms, hydrogen chloride production dropped to $X in 2021 estimated in export price. In general, production, however, recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 32%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Hydrogen Chloride Exports

Exports from France

In 2021, approx. X tons of hydrogen chloride (hydrochloric acid) were exported from France; with an increase of 2.6% against 2020. In general, total exports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +59.9% against 2017 indices. The growth pace was the most rapid in 2018 with an increase of 56%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, hydrogen chloride exports soared to $X in 2021. Overall, total exports indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +101.6% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 41% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Switzerland (X tons), Italy (X tons) and Germany (X tons) were the main destinations of hydrogen chloride exports from France, with a combined 63% share of total exports. Belgium, Spain, the UK and the Netherlands lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +13.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for hydrogen chloride (hydrochloric acid) exports from France, comprising 35% of total exports. The second position in the ranking was held by Italy ($X), with a 16% share of total exports. It was followed by Switzerland, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +24.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-6.8% per year) and Switzerland (-4.8% per year).

Export Prices by Country

The average hydrogen chloride export price stood at $X per ton in 2021, surging by 29% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Switzerland ($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 Germany (+13.9%), while the prices for the other major destinations experienced mixed trend patterns.

Hydrogen Chloride Imports

Imports into France

In 2021, the amount of hydrogen chloride (hydrochloric acid) imported into France fell rapidly to X tons, declining by -18.9% on the year before. In general, imports recorded a noticeable slump. The pace of growth appeared the most rapid in 2016 when imports increased by 26% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, hydrogen chloride imports expanded remarkably to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 23% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of hydrogen chloride imports to France, with a combined 88% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +1.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Belgium ($X) and Spain ($X) constituted the largest hydrogen chloride suppliers to France, together accounting for 84% of total imports.

Among the main suppliers, Belgium, with a CAGR of +3.9%, 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 chloride import price stood at $X per ton in 2021, growing by 35% against the previous year. In general, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hydrogen chloride import price increased by +44.3% against 2019 indices. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a 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 Spain ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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