Hydrofluoric Acid Price Monitoring: Industry News, Trade Trends & Forecast

Hydrofluoric Acid (Anhydrous HF) Price Trend and Outlook - Ex-Works China

From October to December 2024, hydrofluoric acid (anhydrous HF) prices in China showed mixed movements on a year-over-year (YoY) basis, reflecting a combination of supply-side constraints and resilient industrial demand.

In October 2024, the price of hydrofluoric acid was recorded at USD 1,543 per metric ton (MT), slightly down from USD 1,550/MT in October 2023, marking a 0.5% YoY decline. This marginal drop occurred despite tight global supply of fluorite, the key raw material used in HF production. According to Expert Market Research, global HF prices were under upward pressure during this period due to constrained fluorite availability and robust downstream demand from the chemical and electronics sectors.

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In November 2024, prices rebounded sharply to USD 1,650/MT, compared to USD 1,546/MT in November 2023, indicating a significant 7% YoY increase. This surge was driven by increasing industrial usage and inventory restocking ahead of winter, which typically affects production and logistics in China.

By December 2024, prices remained elevated at USD 1,593/MT, up from USD 1,505/MT in the same month of 2023, resulting in a 6% YoY increase. Market participants cited steady demand from aluminum smelting, fluoropolymers, and pharmaceutical intermediates as key factors supporting the price rise.

Looking ahead to 2025, Expert Market Research anticipates that hydrofluoric acid prices may continue to rise. The market is expected to face ongoing pressure from tight fluorite supply and consistent demand across various end-use sectors. Regulatory oversight on fluorite mining and environmental controls in China may further limit availability, supporting a bullish price outlook for anhydrous HF in the coming year.

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Global Hydrofluoric Acid (Anhydrous HF) Trade Landscape
The international trade of anhydrous hydrofluoric acid is largely influenced by a combination of key exporting and importing countries, supported by major global suppliers who cater to both domestic and international markets. Here's an overview of the market's key players:

Leading Exporting Countries

China leads the world in hydrofluoric acid exports, benefiting from its large reserves of fluorite-the primary raw material used in HF production-and its well-established manufacturing infrastructure. Other major exporters include Singapore, which acts as a vital chemical trade hub in Asia, and Germany, recognized for its strong chemical industry and high-quality production standards. Mexico also plays a significant role in the Americas by serving regional demand, while India is becoming an increasingly important player in global HF exports. Additionally, Belgium, Ireland, and Poland contribute to Europe's intra-regional HF supply, supporting industries with refined and specialty chemical requirements.

Leading Importing Countries

On the demand side, the United States is one of the top importers of hydrofluoric acid due to its high consumption in sectors such as petrochemicals, electronics, and refrigeration. France and Japan follow closely, driven by their advanced manufacturing industries and stringent environmental regulations that limit local HF production. Interestingly, China, despite being a leading exporter, also imports HF for specialized industrial use. Other notable importers include the Netherlands and Canada, which act as both consumers and redistribution centers. Thailand and Malaysia are prominent importers in Southeast Asia, supporting the rapid growth of their electronics and automotive sectors.

Major Suppliers

The global HF market is supported by a number of key suppliers known for their technological expertise and production capacity. Buss ChemTech AG provides advanced HF processing technology and systems. Daikin, a major player in the fluorochemicals sector, supplies HF for use in various high-performance applications. Fubao Group, based in China, is a major domestic producer with a growing international presence. Gulf Fluor, located in the UAE, caters to demand across the Middle East and international markets. Honeywell International Inc. offers a diverse range of industrial chemical solutions, including HF. Lanxess, headquartered in Germany, is a trusted supplier of specialty chemicals. Sinochem International Corp. represents one of China's state-owned giants with significant market influence. Lastly, Solvay, a global leader based in Belgium, is renowned for its extensive fluorochemical product portfolio and global reach.

These exporting countries, importing regions, and industry-leading suppliers collectively shape the global dynamics of hydrofluoric acid trade.

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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, "Hydrofluoric Acid Prices, Trends, Charts, Demand, and Market Analysis - 2025 Edition," offers a comprehensive overview of the global pricing landscape for hydrofluoric 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 hydrofluoric 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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