India - Hydrogen Fluoride (Hydrofluoric Acid) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydrogen Fluoride Price in India - 2023
Contents:
- Hydrogen Fluoride Price in India (FOB) - 2022
- Hydrogen Fluoride Price in India (CIF) - 2023
- Hydrogen Fluoride Exports in India
- Hydrogen Fluoride Imports in India
Hydrogen Fluoride Price in India (FOB) - 2022
The average hydrogen fluoride export price stood at $1,576 per ton in 2022, surging by 24% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydrogen fluoride export price increased by +34.3% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($1,915 per ton), while the average price for exports to Bangladesh ($562 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Hydrogen Fluoride Price in India (CIF) - 2023
The average hydrogen fluoride import price stood at $1,171 per ton in July 2023, waning by -16.7% against the previous month. Overall, the import price saw a noticeable reduction. The pace of growth was the most pronounced in January 2023 an increase of 30% m-o-m. The import price peaked at $1,812 per ton in March 2023; however, from April 2023 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was China ($1,189 per ton), while the price for Malaysia ($1,089 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Hydrogen Fluoride Exports in India
For the third consecutive year, India recorded decline in shipments abroad of hydrogen fluoride (hydrofluoric acid), which decreased by -31.6% to 1.1K tons in 2022. Over the period under review, exports continue to indicate a dramatic shrinkage. The smallest decline of -15.5% was in 2020.
In value terms, hydrogen fluoride exports dropped significantly to $1.7M in 2022. Overall, exports faced a precipitous shrinkage. The smallest decline of -14.2% was in 2021.
| Export of Hydrogen Fluoride in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,231 | 624 | 791 | 630 | -20.0% |
| Saudi Arabia | 561 | 366 | 270 | 285 | -20.2% |
| United States | 323 | 501 | 328 | 275 | -5.2% |
| Turkey | 157 | 213 | 111 | 115 | -9.9% |
| Japan | 57.5 | 71.9 | 108 | 78.9 | 11.1% |
| Australia | 152 | 78.5 | 19.9 | 59.3 | -26.9% |
| Bangladesh | 102 | 0.4 | 1.8 | 24.4 | -37.9% |
| Canada | 267 | 143 | N/A | N/A | -46.4% |
| Others | 628 | 390 | 421 | 269 | -24.6% |
| Total | 3,476 | 2,388 | 2,050 | 1,736 | -20.7% |
Top Export Markets for Hydrogen Fluoride from India in 2022:
- Thailand (329.0 tons)
- United States (213.4 tons)
- Saudi Arabia (159.1 tons)
- Turkey (126.6 tons)
- Australia (69.4 tons)
- Japan (50.5 tons)
- Bangladesh (43.4 tons)
Hydrogen Fluoride Imports in India
In 2022, supplies from abroad of hydrogen fluoride (hydrofluoric acid) decreased by -4.9% to 618 tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 200%. As a result, imports reached the peak of 2.3K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, hydrogen fluoride imports fell slightly to $837K in 2022. Overall, imports saw a deep downturn. The pace of growth was the most pronounced in 2020 when imports increased by 151% against the previous year. As a result, imports reached the peak of $2.7M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Hydrogen Fluoride in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 786 | 1,393 | 112 | 410 | -19.5% |
| Taiwan (Chinese) | 217 | 195 | 554 | 302 | 11.6% |
| Germany | 65.8 | 582 | 37.7 | 123 | 23.2% |
| Sri Lanka | N/A | 520 | 119 | N/A | -77.1% |
| Others | 12.4 | 21.1 | 44.8 | 2.0 | -45.6% |
| Total | 1,081 | 2,711 | 867 | 837 | -8.2% |
Top Suppliers of Hydrogen Fluoride to India in 2022:
- China (290.6 tons)
- Taiwan (Chinese) (245.3 tons)
- Germany (81.7 tons)
This report provides an in-depth analysis of the hydrogen fluoride market in India. 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 2030.
Product coverage:
- Prodcom 20132473 - Hydrogen fluoride (hydrofluoric acid)
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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As of June 2023, the price of Hydrogen Fluoride in India reached $1,462 per ton (FOB), showing a 7.9% increase compared to the previous month.
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As of June 2023, the price of Hydrogen Fluoride in India reached $1,462 per ton (FOB), showing a 7.9% increase compared to the previous month.
