Scandinavia: Hydrogen Fluoride Market 2024

Hydrogen Fluoride Market Size in Scandinavia

The Scandinavia hydrogen fluoride market stood at $X in 2022, growing by X% against the previous year. The total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Hydrogen Fluoride Production in Scandinavia

In value terms, hydrogen fluoride production totaled $X in 2022 estimated in export price. Overall, production recorded a buoyant increase. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in the near future.

Hydrogen Fluoride Exports

Exports in Scandinavia

Hydrogen fluoride exports reduced to X tons in 2022, with a decrease of X% compared with the year before. Overall, exports saw a pronounced curtailment. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, hydrogen fluoride exports fell significantly to $X in 2022. Over the period under review, exports, however, saw a measured increase. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Sweden (X tons), together reaching X% of total export.

Sweden experienced a relatively flat trend pattern with regard to volume of exports of hydrogen fluoride (hydrofluoric acid). While the share of Sweden (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) also remains the largest hydrogen fluoride supplier in Scandinavia.

From 2012 to 2022, the average annual growth rate of value in Sweden stood at X%.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, declining by X% against the previous year. In general, the export price, however, saw strong growth. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2021, and then plummeted in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to X% per year.

Hydrogen Fluoride Imports

Imports in Scandinavia

For the third year in a row, Scandinavia recorded growth in purchases abroad of hydrogen fluoride (hydrofluoric acid), which increased by X% to X tons in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, hydrogen fluoride imports skyrocketed to $X in 2022. Overall, imports recorded a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Norway (X tons) was the largest importer of hydrogen fluoride (hydrofluoric acid), generating X% of total imports. Sweden (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Finland (X%).

Norway was also the fastest-growing in terms of the hydrogen fluoride (hydrofluoric acid) imports, with a CAGR of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. Sweden experienced a relatively flat trend pattern. From 2012 to 2022, the share of Norway increased by X percentage points.

In value terms, Norway ($X) constitutes the largest market for imported hydrogen fluoride (hydrofluoric acid) in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports.

In Norway, hydrogen fluoride imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Finland (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, surging by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :