Report Update: May 1, 2024

United Kingdom - Hydrogen Fluoride (Hydrofluoric Acid) - Market Analysis, Forecast, Size, Trends And Insights

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Hydrogen Fluoride Price in the UK - 2023

Hydrogen Fluoride Price in the UK (CIF) - 2023

In May 2023, the average hydrogen fluoride import price amounted to $3,310 per ton, picking up by 15% against the previous month. Over the period from May 2022 to May 2023, it increased at an average monthly rate of +3.2%. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 39% against the previous month. The import price peaked in May 2023.

Average prices varied somewhat amongst the major supplying countries. In May 2023, the country with the highest price was Spain ($3,363 per ton), while the price for Germany ($2,626 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Hydrogen Fluoride Price in the UK (FOB) - 2022

In 2022, the average hydrogen fluoride export price amounted to $6,206 per ton, approximately mirroring the previous year. Overall, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +9.1% 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 +77.2% against 2018 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 36%. As a result, the export price reached the peak level of $6,295 per ton, and then reduced modestly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($8,187 per ton), while the average price for exports to France ($2,751 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 Argentina (+32.8%), while the prices for the other major destinations experienced more modest paces of growth.

Hydrogen Fluoride Imports in the UK

In 2022, imports of hydrogen fluoride (hydrofluoric acid) into the UK soared to 4.7K tons, jumping by 93% on the previous year. In general, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hydrogen fluoride imports skyrocketed to $12M in 2022. Overall, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Hydrogen Fluoride in the UK (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	4.4	4.4	4.2	6.2	12.1%
Germany	4.0	2.5	1.4	4.7	5.5%
Others	0.4	0.4	0.3	0.6	14.5%
Total	8.8	7.3	5.9	11.5	9.3%

Top Suppliers of Hydrogen Fluoride to the UK in 2022:

Spain (2.7K tons)
Germany (1.9K tons)

Hydrogen Fluoride Exports in the UK

For the fourth year in a row, the UK recorded growth in shipments abroad of hydrogen fluoride (hydrofluoric acid), which increased by 100% to 346 tons in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 113%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, hydrogen fluoride exports skyrocketed to $2.1M in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 189%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Hydrogen Fluoride in the UK (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	5.1	7.9	8.5	797	438.6%
Germany	17.4	15.7	136	380	179.5%
Ireland	83.8	88.7	235	256	45.1%
Israel	28.6	99.7	15.1	141	70.2%
Netherlands	N/A	N/A	128	129	0.8%
Singapore	3.9	N/A	18.5	55.5	142.3%
Sweden	37.2	24.0	72.0	47.7	8.6%
France	79.1	74.1	162	43.6	-18.0%
Belgium	12.9	28.4	16.6	1.2	-54.7%
Others	33.0	39.0	298	297	108.0%
Total	301	378	1,090	2,149	92.6%

Top Export Markets for Hydrogen Fluoride from the UK in 2022:

United States (152.1 tons)
Germany (69.7 tons)
Ireland (34.2 tons)
Israel (27.2 tons)
France (15.9 tons)
Netherlands (15.8 tons)
Singapore (11.5 tons)
Sweden (8.2 tons)
Belgium (0.3 tons)

Source: IndexBox Market Intelligence Platform

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

United Kingdom

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the UK
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023