Analyzing 2025 Hydrochloric Acid Price Trend: Worldwide & Regional Historical & Forecast Prices Data

Hydrochloric Acid Price Trends and Forecast: Ex-Works China

The hydrochloric acid (HCl) market in China witnessed significant price volatility in the final quarter of 2024, marked by substantial year-over-year (YoY) fluctuations. In October 2024, the price of hydrochloric acid dropped sharply to 12 USD/MT, a 48% decline from 24 USD/MT in October 2023. November followed a similar trend, with prices falling to 13 USD/MT, representing a 40% YoY decrease. However, December saw a reversal, with prices increasing to 16 USD/MT, up 6% from 15 USD/MT in December 2023.

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The steep declines in October and November can be attributed to oversupply in the domestic market, low production costs, and weak short-term demand from downstream sectors such as steel, water treatment, and chemicals. Additionally, byproducts from large-scale industrial processes contributed to an abundance of hydrochloric acid in the market, further pushing prices down during that period.

However, the slight rebound in December signals a shift in market dynamics, with demand beginning to recover and inventories stabilizing. According to Expert Market Research, this upward momentum is expected to continue into the second half (H2) of 2025. The forecast anticipates a price increase driven by stronger demand from key end-use industries, including pharmaceuticals, food processing, textiles, and metal treatment.

This projected recovery suggests that while the market experienced record-low prices in late 2024, a tightening of supply-demand balance could lead to a more bullish pricing environment in the coming year. Producers and buyers should prepare for potential cost increases in H2 2025, especially if industrial consumption rises faster than expected.

Overall, the hydrochloric acid market in China is poised for a gradual rebound, with stronger fundamentals likely to support price recovery moving forward.

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Global Hydrochloric Acid Trade Overview: Key Exporters, Importers, and Major Suppliers

Leading Exporting Countries

The global hydrochloric acid (HCl) market is supported by a strong network of exporting nations, with Germany leading the charge due to its well-established chemical manufacturing industry. Canada, Belgium, and the Netherlands also rank among the top exporters, leveraging their advanced production facilities and strategic geographic locations in North America and Europe. Other notable contributors include Spain, Hungary, the USA, and India, all of which maintain robust chemical sectors capable of meeting both domestic and international demand.

Leading Importing Countries

On the importing side, the USA is a significant player, driven by consistent demand from its industrial, water treatment, and petrochemical sectors. France, Germany, Belgium, and the Netherlands also appear among the top importers, often reprocessing or redistributing HCl for use across various industries. Additionally, countries such as Poland, Italy, and Sweden continue to import hydrochloric acid to support their manufacturing, pharmaceutical, and textile industries, highlighting its critical role in numerous downstream applications.

Major Suppliers

Several global chemical giants dominate the hydrochloric acid supply landscape. Dow Chemicals (USA) and BASF SE (Germany) are industry leaders with extensive global reach and production capabilities. Akzo Nobel N.V. (Netherlands) and Covestro AG (Germany) supply a range of chemical products, including HCl, to global markets. Olin Corporation (USA) is another major player, with a strong focus on chlor-alkali chemicals. Leading Asian suppliers such as Mitsubishi Chemical Corporation and Kishida Chemical Co., Ltd. (both Japan), along with Qingdao Haijing Chemical Co., Ltd. (China), cater to growing markets in the Asia-Pacific region and beyond.

This global network of exporters, importers, and suppliers underscores the essential nature of hydrochloric acid in modern industry and the complex, interconnected trade that supports its availability worldwide.

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Report Scope:
• Historical Price Data and Analysis, 2021-2024
o Historical Price Data - Monthly
o Grade-Wise Price Fluctuation
o Correlation with Feedstock Price Movement
o Key Market Opportunities and Risks
• Price Outlook
o Monthly Price Forecast (Rolling 3-month forecast for 12 months) (3 Month Quarterly Update)
o Long-Term Price Forecast (2 years), 2025-2026
o Price Influencing Factors
• Supply and Demand Analysis
o Global Market Supply Analysis (2021-2026)
o Global Market Demand Analysis (2021-2026)
o Demand-Supply Gap Analysis
o Historical Dynamics (2021-2024)
o Market Dynamics (Drivers and Constraints)
o Top 5 Deficit Countries with Net Import
o Top 5 Surplus Countries with Net Export
• Cost Breakdown of Tin Plate
o Direct Cost
o Indirect Costs
o Tax and Regulatory Costs
o Profit Margin
• Latest Industry News
o Recent Developments
o Geopolitical Events
o Insights From Government Data and Industries Bodies
• Key Macroeconomic Indicators
o GDP Growth
o Inflation Rates
o Currency Exchange Rates
o Impact on Commodity Prices

How Claight Corporation (Expert Market Research) Database Can Help

The latest report by Expert Market Research, "Hydrochloric Acid Prices, Trends, Charts, Demand, and Market Analysis - 2025 Edition," offers a comprehensive overview of the global pricing landscape for hydrochloric acid. Designed for industry stakeholders, the study provides detailed historical and forecast price data, highlighting key market shifts and emerging pricing trends.

Drawing from in-depth research, the report analyses the primary factors influencing hydrochloric acid prices, including fluctuations in raw material availability, changes in production capacity, and macroeconomic or geopolitical developments. Additionally, the report evaluates global and regional demand patterns, outlining how shifts in end-use industries such as construction, paper, and plastics are impacting market dynamics. By examining the supply-demand balance, Expert Market Research's report helps businesses understand the underlying forces shaping current and future pricing environments, offering valuable insights to guide procurement, pricing strategy, and investment planning.

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