Global Hydrogen Fluoride Market 2024

Hydrogen Fluoride Market Size

The global hydrogen fluoride market amounted to $X in 2022, picking up by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the market value increased by X%. Over the period under review, the global market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Hydrogen Fluoride Production

In value terms, hydrogen fluoride production expanded to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, global production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

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Hydrogen Fluoride Exports

Exports

In 2022, shipments abroad of hydrogen fluoride (hydrofluoric acid) increased by X% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. The global exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydrogen fluoride exports soared to $X in 2022. In general, total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the global exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

China was the largest exporter of hydrogen fluoride (hydrofluoric acid) in the world, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. Mexico (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%) and Taiwan (Chinese) (X%). The United States (X tons) and Japan (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to hydrogen fluoride exports from China stood at X%. At the same time, Taiwan (Chinese) (X%) and the United States (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Mexico (X%), Germany (X%) and Japan (X%) illustrated a downward trend over the same period. China (X p.p.), Taiwan (Chinese) (X p.p.) and the United States (X p.p.) significantly strengthened its position in terms of the global exports, while Japan, Germany and Mexico saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

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

In China, hydrogen fluoride exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average hydrogen fluoride export price amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other global leaders experienced more modest paces of growth.

Hydrogen Fluoride Imports

Imports

In 2022, overseas purchases of hydrogen fluoride (hydrofluoric acid) increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of X%. Global imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, hydrogen fluoride imports skyrocketed to $X in 2022. In general, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Global imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

The countries with the highest levels of hydrogen fluoride imports in 2022 were South Korea (X tons), the United States (X tons), Japan (X tons), Taiwan (Chinese) (X tons) and France (X tons), together amounting to X% of total import. The Netherlands (X tons), China (X tons), Malaysia (X tons), Thailand (X tons), Brazil (X tons) and Singapore (X tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), 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) were the countries with the highest levels of imports in 2022, together comprising X% of global imports. Taiwan (Chinese), France, China, the Netherlands, Brazil, Malaysia, Thailand and Singapore lagged somewhat behind, together comprising a further X%.

Among the main importing countries, China, with a CAGR of X%, recorded 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

In 2022, the average hydrogen fluoride import price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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