Report Update Apr 1, 2024

Panama - Hydrogen Fluoride (Hydrofluoric Acid) - Market Analysis, Forecast, Size, Trends and Insights

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Panama: Hydrogen Fluoride Market 2024

Hydrogen Fluoride Market Size in Panama

The Panamanian hydrogen fluoride market rose modestly to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, showed a noticeable contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Hydrogen Fluoride Production in Panama

In value terms, hydrogen fluoride production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Hydrogen fluoride production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Hydrogen Fluoride Exports

Exports from Panama

After two years of decline, overseas shipments of hydrogen fluoride (hydrofluoric acid) decreased by X% to X kg in 2019. Overall, exports faced a dramatic shrinkage. The smallest decline of X% was in 2017. The exports peaked at X tons in 2016; however, from 2017 to 2019, the exports remained at a lower figure.

In value terms, hydrogen fluoride exports amounted to $X in 2019. Over the period under review, exports recorded a sharp downturn. The smallest decline of X% was in 2017. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2019, the exports failed to regain momentum.

Exports by Country

Paraguay (X kg) was the main destination for hydrogen fluoride exports from Panama, with a approx. X% share of total exports.

From 2016 to 2019, the average annual rate of growth in terms of volume to Paraguay was relatively modest.

From 2016 to 2019, the average annual growth rate of value to Paraguay was relatively modest.

Export Prices by Country

The average hydrogen fluoride export price stood at $X per ton in 2019, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 a decrease of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2019, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Paraguay.

From 2016 to 2019, the rate of growth in terms of prices for Paraguay amounted to X% per year.

Hydrogen Fluoride Imports

Imports into Panama

In 2022, imports of hydrogen fluoride (hydrofluoric acid) into Panama surged to X tons, jumping by X% against the year before. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, hydrogen fluoride imports surged to $X in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of hydrogen fluoride to Panama, accounting for a X% share of total imports. Moreover, hydrogen fluoride imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Costa Rica (X tons) ranked third in terms of total imports with a X% share.

From 2016 to 2022, the average annual growth rate of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Costa Rica (X% per year).

In value terms, Spain ($X) constituted the largest supplier of hydrogen fluoride (hydrofluoric acid) to Panama, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Costa Rica, with a X% share.

From 2016 to 2022, the average annual growth rate of value from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Costa Rica (X% per year).

Import Prices by Country

In 2022, the average hydrogen fluoride import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a deep reduction. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of consumption in 2023 were China, the United States and India, with a combined 40% share of global consumption. South Korea, Japan, Russia, Nigeria, Mexico, Turkey, France, Finland, Iran and the UK lagged somewhat behind, together comprising a further 30%.

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

China remains the largest hydrogen fluoride producing country worldwide, comprising approx. 34% of total volume. Moreover, hydrogen fluoride production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The United States ranked third in terms of total production with a 7.7% share.

What are the leading suppliers of hydrogen fluoride (hydrofluoric acid) to Panama?

In value terms, Spain constituted the largest supplier of hydrogen fluoride hydrofluoric acid) to Panama, comprising 56% of total imports. The second position in the ranking was taken by China, with a 14% share of total imports. It was followed by Costa Rica, with a 13% share.

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

The average hydrogen fluoride export price stood at $1,868 per ton in 2019, remaining constant against the previous year.

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

In 2022, the average hydrogen fluoride import price amounted to $4,386 per ton, growing by 53% against the previous year.

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

Panama

Data coverage:

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