Middle East: Hydrogen Fluoride Market Overview 2021

Hydrogen Fluoride Market Size in the Middle East

In 2019, the Middle Eastern hydrogen fluoride market decreased by -X% to $X, falling for the fifth year in a row after two years of growth. Over the period under review, consumption, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Hydrogen Fluoride Production in the Middle East

In value terms, hydrogen fluoride production shrank to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2019, production remained at a lower figure.

Production By Country in the Middle East

The country with the largest volume of hydrogen fluoride production was Iran (X tonnes), accounting for X% of total volume. Moreover, hydrogen fluoride production in Iran exceeded the figures recorded by the second-largest producer, Jordan (X tonnes), eightfold. Oman (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual growth rate of volume in Iran totaled -X%. In the other countries, the average annual rates were as follows: Jordan (-X% per year) and Oman (+X% per year).

Hydrogen Fluoride Exports

Exports in the Middle East

In 2019, overseas shipments of hydrogen fluoride (hydrofluoric acid) increased by X% to X tonnes, rising for the fourth year in a row after two years of decline. In general, exports enjoyed measured growth. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes. From 2014 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, hydrogen fluoride exports surged to $X in 2019. Over the period under review, exports saw a moderate increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. From 2014 to 2019, the growth exports failed to regain the momentum.

Exports by Country

In 2019, Iran (X tonnes) represented the main exporter of hydrogen fluoride (hydrofluoric acid), constituting X% of total exports. It was distantly followed by Turkey (X tonnes), Saudi Arabia (X tonnes) and the United Arab Emirates (X tonnes), together comprising a X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Iran (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), Turkey ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2019, with a combined X% share of total exports.

In terms of the main exporting countries, Iran (+X% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The hydrogen fluoride export price in the Middle East stood at $X per tonne in 2019, falling by -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the export price increased by X% against the previous year. Over the period under review, export prices reached the maximum at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was the United Arab Emirates ($X per tonne), while Iran ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced mixed trends in the export price figures.

Hydrogen Fluoride Imports

Imports in the Middle East

Hydrogen fluoride imports expanded rapidly to X tonnes in 2019, surging by X% on 2018 figures. Over the period under review, imports, however, recorded a slight slump. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. The volume of import peaked at X tonnes in 2010; however, from 2011 to 2019, imports remained at a lower figure.

In value terms, hydrogen fluoride imports totaled $X in 2019. Total imports indicated temperate growth from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

Turkey (X tonnes) and Israel (X tonnes) represented the key importers of hydrogen fluoride (hydrofluoric acid) in 2019, recording near X% and X% of total imports, respectively. It was distantly followed by Saudi Arabia (X tonnes), committing a X% share of total imports. Bahrain (X tonnes), Iran (X tonnes) and the United Arab Emirates (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Israel, while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Israel ($X), Turkey ($X) and Saudi Arabia ($X) were the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

In terms of the main importing countries, Israel recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2019, the hydrogen fluoride import price in the Middle East amounted to $X per tonne, reducing by -X% against the previous year. Import price indicated notable growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, hydrogen fluoride import price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. Over the period under review, import prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Israel ($X per tonne), while Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Israel, 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 Middle East?

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Iran (38K tonnes) remains the largest hydrogen fluoride consuming country in the Middle East, comprising approx. 74% of total volume. Moreover, hydrogen fluoride consumption in Iran exceeded the figures recorded by the second-largest consumer, Jordan (4.5K tonnes), eightfold. Oman (3.5K tonnes) ranked third in terms of total consumption with a 6.7% share.

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

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Iran (38K tonnes) remains the largest hydrogen fluoride producing country in the Middle East, accounting for 78% of total volume. Moreover, hydrogen fluoride production in Iran exceeded the figures recorded by the second-largest producer, Jordan (4.5K tonnes), eightfold. Oman (3.5K tonnes) ranked third in terms of total production with a 7.1% share.

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

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In value terms, Iran ($41K), Turkey ($36K) and the United Arab Emirates ($33K) were the countries with the highest levels of exports in 2019, together comprising 78% of total exports.

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

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In value terms, Israel ($2.7M), Turkey ($1.6M) and Saudi Arabia ($1M) constituted the countries with the highest levels of imports in 2019, with a combined 90% share of total imports.

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

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In 2019, the hydrogen fluoride export price in the Middle East amounted to $1,468 per tonne, which is down by -13% against the previous year.

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

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In 2019, the hydrogen fluoride import price in the Middle East amounted to $1,816 per tonne, declining by -6.3% against the previous year.