Thailand: Hydrogen Fluoride Market 2024

Hydrogen Fluoride Market Size in Thailand

In 2022, the Thai hydrogen fluoride market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Hydrogen fluoride consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Hydrogen Fluoride Production in Thailand

In value terms, hydrogen fluoride production shrank to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. Hydrogen fluoride production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Hydrogen Fluoride Exports

Exports from Thailand

In 2022, shipments abroad of hydrogen fluoride (hydrofluoric acid) increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports showed significant growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, hydrogen fluoride exports soared to $X in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Cambodia (X tons), Vietnam (X tons) and Malaysia (X tons) were the main destinations of hydrogen fluoride exports from Thailand, with a combined X% share of total exports. Myanmar and Australia lagged somewhat behind, together accounting for a further X%.

From 2013 to 2022, the biggest increases were recorded for Australia (with a CAGR of X.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hydrogen fluoride exported from Thailand were Cambodia ($X), Vietnam ($X) and Malaysia ($X), with a combined X% share of total exports. Myanmar and Australia lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Australia, with a CAGR of X.0%, recorded 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 average hydrogen fluoride export price stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price, however, recorded a deep reduction. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X.3%), while the prices for the other major destinations experienced a decline.

Hydrogen Fluoride Imports

Imports into Thailand

In 2022, the amount of hydrogen fluoride (hydrofluoric acid) imported into Thailand rose remarkably to X tons, increasing by X% against the year before. Over the period under review, imports posted prominent growth. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, hydrogen fluoride imports soared to $X in 2022. Overall, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main hydrogen fluoride supplier to Thailand, with a X% share of total imports. It was followed by India (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) constituted the largest supplier of hydrogen fluoride (hydrofluoric acid) to Thailand, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average hydrogen fluoride import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. The import price peaked at $X per ton in 2019; however, from 2020 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 Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :