EU: Hydrogen Fluoride Market Overview 2021

Hydrogen Fluoride Market Size in the EU

The EU hydrogen fluoride market was finally on the rise to reach $X in 2019, after five years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2014 to 2019, the growth of the market remained at a somewhat lower figure.

Hydrogen Fluoride Production in the EU

In value terms, hydrogen fluoride production dropped modestly to $X in 2019 estimated in export prices. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2008; however, from 2009 to 2019, production failed to regain the momentum.

Production By Country in the EU

The countries with the highest volumes of hydrogen fluoride production in 2019 were Germany (X tonnes), Spain (X tonnes) and Italy (X tonnes), with a combined X% share of total production.

From 2007 to 2019, the most notable rate of growth in terms of hydrogen fluoride production, amongst the leading producing countries, was attained by Italy, while hydrogen fluoride production for the other leaders experienced more modest paces of growth.

Hydrogen Fluoride Exports

Exports in the EU

After four years of growth, overseas shipments of hydrogen fluoride (hydrofluoric acid) decreased by -X% to X tonnes in 2019. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. The volume of export peaked at X tonnes in 2018, and then declined in the following year.

In value terms, hydrogen fluoride exports fell slightly to $X in 2019. The total export value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. The level of export peaked at $X in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

Exports by Country

In 2019, Germany (X tonnes) represented the major exporter of hydrogen fluoride (hydrofluoric acid), creating X% of total exports. It was distantly followed by Spain (X tonnes), Italy (X tonnes) and France (X tonnes), together committing a X% share of total exports. The Czech Republic (X tonnes) followed a long way behind the leaders.

Exports from Germany decreased at an average annual rate of -X% from 2007 to 2019. At the same time, Italy (+X%), France (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2007-2019. By contrast, the Czech Republic (-X%) illustrated a downward trend over the same period. While the share of Italy (+X p.p.), Spain (+X p.p.) and France (+X p.p.) increased significantly in terms of the total exports from 2007-2019, the share of Germany (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest hydrogen fluoride supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by Spain ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

In Germany, hydrogen fluoride exports remained relatively stable over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (+X% per year) and Italy (+X% per year).

Export Prices by Country

In 2019, the hydrogen fluoride export price in the European Union amounted to $X per tonne, increasing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the export price increased by X% against the previous year. The level of export peaked at $X per tonne in 2012; however, from 2013 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while France ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Spain, while the other leaders experienced more modest paces of growth.

Hydrogen Fluoride Imports

Imports in the EU

In 2019, overseas purchases of hydrogen fluoride (hydrofluoric acid) decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Over the period under review, imports saw a mild decrease. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. The volume of import peaked at X tonnes in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

In value terms, hydrogen fluoride imports expanded slightly to $X in 2019. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

France represented the main importing country with an import of about X tonnes, which resulted at X% of total imports. It was distantly followed by the Netherlands (X tonnes), Belgium (X tonnes), the UK (X tonnes), Italy (X tonnes) and Germany (X tonnes), together making up a X% share of total imports. The Czech Republic (X tonnes) held a minor share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Czech Republic, while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of imports in 2019, together accounting for X% of total imports. These countries were followed by the UK, Germany, Italy and the Czech Republic, which together accounted for a further X Czech Republic saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The hydrogen fluoride import price in the European Union stood at $X per tonne in 2019, rising by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 when the import price increased by X% year-to-year. Over the period under review, import prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Germany ($X per tonne), while the Czech Republic ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hydrogen fluoride (hydrofluoric acid) in the the EU?

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The countries with the highest volumes of hydrogen fluoride consumption in 2019 were France (26K tonnes), Spain (25K tonnes) and the UK (25K tonnes), with a combined 37% share of total consumption. Germany, Italy, Finland, the Netherlands, Belgium, the Czech Republic and Austria lagged somewhat behind, together comprising a further 56%.

What are the largest producers of hydrogen fluoride (hydrofluoric acid) in the the EU?

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The countries with the highest volumes of hydrogen fluoride production in 2019 were Germany (72K tonnes), Spain (46K tonnes) and Italy (30K tonnes), with a combined 64% share of total production.

What are the leading suppliers of hydrogen fluoride (hydrofluoric acid) in the the EU?

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In value terms, Germany ($96M) remains the largest hydrogen fluoride supplier in the European Union, comprising 59% of total exports. The second position in the ranking was occupied by Spain ($38M), with a 23% share of total exports. It was followed by Italy, with a 13% share.

What are the leading importers of hydrogen fluoride (hydrofluoric acid) in the the EU?

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In value terms, the largest hydrogen fluoride importing markets in the European Union were France ($42M), the Netherlands ($24M) and Belgium ($9.5M), together accounting for 64% of total imports. These countries were followed by the UK, Germany, Italy and the Czech Republic, which together accounted for a further 23%.

What is the average export price for hydrogen fluoride (hydrofluoric acid) in the the EU?

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In 2019, the hydrogen fluoride export price in the European Union amounted to $1,817 per tonne, surging by 12% against the previous year.

What is the average import price for hydrogen fluoride (hydrofluoric acid) in the the EU?

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In 2019, the hydrogen fluoride import price in the European Union amounted to $1,837 per tonne, with an increase of 12% against the previous year.