Germany: Hydrogen Chloride Market 2024

Hydrogen Chloride Market Size in Germany

In 2021, the German hydrogen chloride market increased by 12% to $X, rising for the second consecutive year after six years of decline. Overall, consumption, however, recorded a perceptible slump. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Hydrogen Chloride Production in Germany

In value terms, hydrogen chloride production dropped to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when the production volume increased by 10% against the previous year. Hydrogen chloride production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Hydrogen Chloride Exports

Exports from Germany

In 2021, approx. X tons of hydrogen chloride (hydrochloric acid) were exported from Germany; rising by 2.5% against 2020 figures. The total export volume increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 21% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, hydrogen chloride exports amounted to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 17% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons), Belgium (X tons) and Italy (X tons) were the main destinations of hydrogen chloride exports from Germany, with a combined 52% share of total exports. These countries were followed by Austria, Spain, Switzerland, Denmark, Poland, the Czech Republic, Sweden and the UK, which together accounted for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +20.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hydrogen chloride exported from Germany were France ($X), Belgium ($X) and Austria ($X), together accounting for 35% of total exports. These countries were followed by Italy, Switzerland, Denmark, Poland, Spain, the UK, Sweden and the Czech Republic, which together accounted for a further 24%.

Poland, with a CAGR of +4.1%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hydrogen chloride export price stood at $X per ton in 2021, rising by 4.1% against the previous year. In general, the export price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 11%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Spain ($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 the UK (+10.3%), while the prices for the other major destinations experienced mixed trend patterns.

Hydrogen Chloride Imports

Imports into Germany

In 2021, overseas purchases of hydrogen chloride (hydrochloric acid) were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydrogen chloride imports soared to $X in 2021. Over the period under review, imports continue to indicate a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and Poland (X tons) were the main suppliers of hydrogen chloride imports to Germany, with a combined 76% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +29.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Austria ($X) constituted the largest hydrogen chloride suppliers to Germany, together accounting for 63% of total imports. France, Poland, Switzerland and the Czech Republic lagged somewhat behind, together comprising a further 29%.

Among the main suppliers, Poland, with a CAGR of +28.9%, recorded the highest rates of growth with regard to 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

In 2021, the average hydrogen chloride import price amounted to $X per ton, declining by -9.2% against the previous year. Over the period under review, the import price recorded a slight curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by 59% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 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 France ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+5.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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