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Report World - Hydrogen Fluoride (Hydrofluoric Acid) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Hydrogen Fluoride (Hydrofluoric Acid) - Market Analysis, Forecast, Size, Trends and Insights

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Global Hydrogen Fluoride Market 2024

Hydrogen Fluoride Market Size

The global hydrogen fluoride market amounted to $X in 2021, therefore, remained relatively stable against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the market value increased by 6.3% against the previous year. Global consumption peaked at $X in 2018; afterwards, it flattened through to 2021.

Hydrogen Fluoride Production

In value terms, hydrogen fluoride production reduced slightly to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 9.6% against the previous year. Global production peaked at $X in 2020, and then contracted in the following year.

Hydrogen Fluoride Exports

Exports

In 2021, overseas shipments of hydrogen fluoride (hydrofluoric acid) decreased by -0.2% to X tons, falling for the third year in a row after two years of growth. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 35% against the previous year. Over the period under review, the global exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, hydrogen fluoride exports reached $X in 2021. In general, exports saw a slight descent. The most prominent rate of growth was recorded in 2018 when exports increased by 35% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the global exports remained at a somewhat lower figure.

Exports by Country

In 2021, China (X tons) was the largest exporter of hydrogen fluoride (hydrofluoric acid), making up 63% of total exports. Germany (X tons) ranks second in terms of the total exports with a 12% share, followed by Taiwan (Chinese) (5%) and the United States (4.7%). Nigeria (X tons), Japan (X tons) and Mexico (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to hydrogen fluoride exports from China stood at +3.8%. At the same time, Nigeria (+1,059.4%), Taiwan (Chinese) (+21.5%) and the United States (+11.3%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in the world, with a CAGR of +1,059.4% from 2012-2021. By contrast, Germany (-4.1%), Japan (-8.8%) and Mexico (-22.9%) illustrated a downward trend over the same period. While the share of China (+20 p.p.), Taiwan (Chinese) (+4.2 p.p.), Nigeria (+3.9 p.p.) and the United States (+3 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Japan (-3.2 p.p.), Germany (-4.6 p.p.) and Mexico (-22.5 p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest hydrogen fluoride supplier worldwide, comprising 60% of global exports. The second position in the ranking was held by Germany ($X), with a 13% share of global exports. It was followed by Taiwan (Chinese), with a 6.4% share.

In China, hydrogen fluoride exports expanded at an average annual rate of +4.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (-5.2% per year) and Taiwan (Chinese) (+21.6% per year).

Export Prices by Country

In 2021, the average hydrogen fluoride export price amounted to $X per ton, increasing by 2.9% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 19%. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2021.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+2.5%), while the other global leaders experienced more modest paces of growth.

Hydrogen Fluoride Imports

Imports

In 2021, purchases abroad of hydrogen fluoride (hydrofluoric acid) was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Global imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, hydrogen fluoride imports soared to $X in 2021. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by 28%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of global imports remained at a somewhat lower figure.

Imports by Country

In 2021, South Korea (X tons), the United States (X tons) and Japan (X tons) was the key importer of hydrogen fluoride (hydrofluoric acid) in the world, achieving 56% of total import. It was distantly followed by Taiwan (Chinese) (X tons) and France (X tons), together mixing up an 18% share of total imports. The following importers - Malaysia (X tons), Thailand (X tons), the Netherlands (X tons), Brazil (X tons), Canada (X tons), China (X tons) and Singapore (X tons) - each finished at a 14% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +21.0%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, South Korea ($X), the United States ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2021, together comprising 56% of global imports. These countries were followed by Taiwan (Chinese), France, China, the Netherlands, Canada, Singapore, Brazil, Malaysia and Thailand, which together accounted for a further 33%.

Among the main importing countries, China, with a CAGR of +21.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average hydrogen fluoride import price stood at $X per ton in 2021, growing by 7.3% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 20% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of hydrogen fluoride consumption in 2021 were China, the United States and India, together comprising 41% of global consumption. South Korea, Pakistan, Russia, Nigeria, Japan, Mexico, Turkey, France, Taiwan Chinese) and Iran lagged somewhat behind, together accounting for a further 31%.
The country with the largest volume of hydrogen fluoride production was China, comprising approx. 32% of total volume. Moreover, hydrogen fluoride production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with an 8.8% share.
In value terms, China remains the largest hydrogen fluoride supplier worldwide, comprising 51% of global exports. The second position in the ranking was occupied by Mexico, with a 19% share of global exports. It was followed by Germany, with a 12% share.
In value terms, the largest hydrogen fluoride importing markets worldwide were South Korea, the United States and Japan, together accounting for 53% of global imports. These countries were followed by Taiwan Chinese), France, China, the Netherlands, Brazil, Singapore, Malaysia, Canada, Thailand and Vietnam, which together accounted for a further 37%.
In 2021, the average hydrogen fluoride export price amounted to $1,450 per ton, falling by -7.8% against the previous year.
The average hydrogen fluoride import price stood at $1,682 per ton in 2021, picking up by 3.6% against the previous year.

This report provides an in-depth analysis of the global hydrogen fluoride market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20132473 - Hydrogen fluoride (hydrofluoric acid)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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