
Iraq - Hydrogen Fluoride (Hydrofluoric Acid) - Market Analysis, Forecast, Size, Trends And Insights
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Iraq: Hydrogen Fluoride Market Overview 2021
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Hydrogen Fluoride Market Size in Iraq
In 2019, the Iraqi hydrogen fluoride market decreased by -X% to $X, falling for the sixth consecutive year after seven years of growth. Over the period under review, consumption faced a sharp downturn. The pace of growth was the most pronounced in 2012 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.
Hydrogen Fluoride Imports
Imports into Iraq
In 2019, purchases abroad of hydrogen fluoride (hydrofluoric acid) decreased by -X% to X kg, falling for the sixth year in a row after seven years of growth. Overall, imports showed a sharp slump. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2014 to 2019, the growth imports remained at a somewhat lower figure.
In value terms, hydrogen fluoride imports contracted rapidly to $X in 2019. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. As a result, imports reached the peak of $X. From 2013 to 2019, the growth imports remained at a lower figure.
Imports by Country
In 2019, Jordan (X kg) was the main hydrogen fluoride supplier to Iraq, with a X% share of total imports. Moreover, hydrogen fluoride imports from Jordan exceeded the figures recorded by the second-largest supplier, Italy (X kg), more than tenfold.
From 2007 to 2019, the average annual growth rate of volume from Jordan totaled -X%.
In value terms, Jordan ($X) constituted the largest supplier of hydrogen fluoride to Iraq, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports.
From 2007 to 2019, the average annual rate of growth in terms of value from Jordan amounted to -X%.
Import Prices by Country
The average hydrogen fluoride import price stood at $X per tonne in 2019, surging by X% against the previous year. In general, the import price showed a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of X% year-to-year. Over the period under review, average import prices hit record highs in 2019 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Jordan ($X per tonne), while the price for Italy stood at $X per tonne.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Jordan.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for hydrogen fluoride (hydrofluoric acid) in the world?+
The countries with the highest volumes of hydrogen fluoride consumption in 2019 were China (449K tonnes), the U.S. (255K tonnes) and India (186K tonnes), together accounting for 49% of global consumption. South Korea, Russia, Japan, Mexico, Taiwan (Chinese), Iran and Thailand lagged somewhat behind, together comprising a further 24%.
What are the largest producers of hydrogen fluoride (hydrofluoric acid) in the world?+
China (715K tonnes) constituted the country with the largest volume of hydrogen fluoride production, comprising approx. 39% of total volume. Moreover, hydrogen fluoride production in China exceeded the figures recorded by the second-largest producer, India (188K tonnes), fourfold. The third position in this ranking was occupied by Mexico (168K tonnes), with a 9.3% share.
What are the leading suppliers of hydrogen fluoride (hydrofluoric acid) to Iraq?+
In value terms, Jordan ($2K) constituted the largest supplier of hydrogen fluoride to Iraq, comprising 97% of total imports. The second position in the ranking was occupied by Italy ($65), with a 3.1% share of total imports.
What is the average import price for hydrogen fluoride (hydrofluoric acid) in Iraq?+
The average hydrogen fluoride import price stood at $2,932 per tonne in 2019, increasing by 1.7% against the previous year.
This report provides an in-depth analysis of the hydrogen fluoride market in Iraq. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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