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Kuwait - Hydrogen Fluoride (Hydrofluoric Acid) - Market Analysis, Forecast, Size, Trends And Insights
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Kuwait: Hydrogen Fluoride Market Overview 2021

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Hydrogen Fluoride Market Size in Kuwait

The Kuwaiti hydrogen fluoride market was finally on the rise to reach $X in 2019, after three years of decline. In general, the total consumption indicated a notable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2015 indices. The growth pace was the most rapid in 2014 when the market value increased by X% year-to-year. Hydrogen fluoride consumption peaked at $X in 2015; however, from 2016 to 2019, consumption stood at a somewhat lower figure.

Hydrogen Fluoride Production in Kuwait

In value terms, hydrogen fluoride production amounted to $X in 2019 estimated in export prices. In general, the total production indicated a temperate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Hydrogen fluoride production peaked at $X in 2015; however, from 2016 to 2019, production failed to regain the momentum.

Hydrogen Fluoride Exports

Exports from Kuwait

Hydrogen fluoride exports from Kuwait fell significantly to X kg in 2019, reducing by -X% compared with the previous year's figure. In general, exports continue to indicate a precipitous descent. Over the period under review, exports attained the maximum at X tonnes in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

In value terms, hydrogen fluoride exports dropped sharply to $X in 2019. Overall, exports showed a dramatic curtailment. Exports peaked at $X in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Bahrain (X kg) was the main destination for hydrogen fluoride exports from Kuwait, with a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to Bahrain was relatively modest.

From 2007 to 2018, the average annual growth rate of value to Bahrain was relatively modest.

Export Prices by Country

The average hydrogen fluoride export price stood at $X per tonne in 2018, therefore, remained relatively stable against the previous year. Overall, the export price saw significant growth. The export price peaked in 2018 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2007 to 2018, the rate of growth in terms of prices for Bahrain amounted to X% per year.

Hydrogen Fluoride Imports

Imports into Kuwait

In 2019, the amount of hydrogen fluoride (hydrofluoric acid) imported into Kuwait reduced to X tonnes, declining by -X% on the previous year's figure. Overall, imports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Imports peaked at X tonnes in 2018, and then reduced in the following year.

In value terms, hydrogen fluoride imports fell modestly to $X in 2019. In general, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2009 to 2019, the growth imports remained at a lower figure.

Imports by Country

Saudi Arabia (X tonnes), the U.S. (X tonnes) and China (X kg) were the main suppliers of hydrogen fluoride imports to Kuwait, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia, while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest hydrogen fluoride suppliers to Kuwait were the U.S. ($X), Saudi Arabia ($X) and China ($X), together comprising X% of total imports.

In terms of the main suppliers, Saudi Arabia saw 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

The average hydrogen fluoride import price stood at $X per tonne in 2019, increasing by X% against the previous year. In general, the import price, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per tonne in 2015; however, from 2016 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was China ($X per tonne), while the price for Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

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), with a combined 49% share 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) remains the largest hydrogen fluoride producing country worldwide, 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 Kuwait?
+
In value terms, the largest hydrogen fluoride suppliers to Kuwait were the U.S. ($22K), Saudi Arabia ($21K) and China ($17K), together accounting for 87% of total imports.
What is the average export price for hydrogen fluoride (hydrofluoric acid) in Kuwait?
+
The average hydrogen fluoride export price stood at $14,283 per tonne in 2018, remaining stable against the previous year.
What is the average import price for hydrogen fluoride (hydrofluoric acid) in Kuwait?
+
In 2019, the average hydrogen fluoride import price amounted to $2,885 per tonne, increasing by 11% against the previous year.

Product coverage:
• Prodcom 20132473 - Hydrogen fluoride (hydrofluoric acid)

This report provides an in-depth analysis of the hydrogen fluoride market in Kuwait. 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.


Country coverage:
• Kuwait

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Kuwait
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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