Netherlands: Hydrogen Fluoride Market 2024

Hydrogen Fluoride Market Size in the Netherlands

The Dutch hydrogen fluoride market expanded notably to $X in 2021, growing by 12% against the previous year. In general, consumption, however, saw a pronounced reduction. Hydrogen fluoride consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Hydrogen Fluoride Production in the Netherlands

In value terms, hydrogen fluoride production surged to $X in 2021 estimated in export price. In general, production showed buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of 3,489%. Hydrogen fluoride production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Hydrogen Fluoride Exports

Exports from the Netherlands

In 2021, overseas shipments of hydrogen fluoride (hydrofluoric acid) decreased by -28.3% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 315%. The exports peaked at X tons in 2020, and then fell rapidly in the following year.

In value terms, hydrogen fluoride exports declined remarkably to $X in 2021. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 252% against the previous year. As a result, the exports reached the peak of $X, and then reduced dramatically in the following year.

Exports by Country

Spain (X tons), Belgium (X tons) and Germany (X tons) were the main destinations of hydrogen fluoride exports from the Netherlands, with a combined 65% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +48.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Spain ($X) remains the key foreign market for hydrogen fluoride (hydrofluoric acid) exports from the Netherlands, comprising 38% of total exports. The second position in the ranking was held by Belgium ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Spain stood at +59.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-5.3% per year) and Germany (+3.6% per year).

Export Prices by Country

In 2021, the average hydrogen fluoride export price amounted to $X per ton, rising by 15% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium ($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 Norway (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Hydrogen Fluoride Imports

Imports into the Netherlands

For the third year in a row, the Netherlands recorded decline in purchases abroad of hydrogen fluoride (hydrofluoric acid), which decreased by -0.5% to X tons in 2021. In general, imports showed a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of 50%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, hydrogen fluoride imports expanded sharply to $X in 2021. Over the period under review, imports showed a perceptible decline. The pace of growth appeared the most rapid in 2018 with an increase of 41%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of hydrogen fluoride to the Netherlands, accounting for a 84% share of total imports. Moreover, hydrogen fluoride imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), sevenfold. The third position in this ranking was taken by Italy (X tons), with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+53.9% per year) and Italy (+93.8% per year).

In value terms, Germany ($X) constituted the largest supplier of hydrogen fluoride (hydrofluoric acid) to the Netherlands, comprising 74% of total imports. The second position in the ranking was held by Spain ($X), with an 18% share of total imports. It was followed by Italy, with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at -5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+66.3% per year) and Italy (+77.1% per year).

Import Prices by Country

In 2021, the average hydrogen fluoride import price amounted to $X per ton, surging by 11% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 50% against the previous year. The import price peaked at $X per ton in 2019; afterwards, it flattened through to 2021.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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