In 2023, South Korea holds the largest share of the global import market for Hydrogen Fluoride (Hydrofluoric Acid) with 28.57%, followed by Japan at 23% and the United States at 20.13%. Other notable importers include France and China, at 4.19% and 4.18% respectively. Canada and Thailand have shown significant year-on-year growth, with 7.17% and 4.72% increases in their import shares. Conversely, Spain and Russia experienced the most considerable declines, with import shares reducing by 8.71% and 13.48% respectively. Tanzania showed remarkable growth with a 28.39% increase, suggesting rising demand in new markets.
Future trends to watch for include the potential for increased imports in markets such as Jordan, Paraguay, and Macedonia, which have shown notable growth. Meanwhile, established markets such as South Korea, Japan, and the United States will likely maintain their significant shares. There is also a downward trend expected in countries like Russia, India, and Spain, which might lead to shifts in global import dynamics.
Top countries in Import of Hydrogen Fluoride (Hydrofluoric Acid) Share by Country (US Dollars)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 South Korea | 28.57 | 2023 | +4.59% | +3.01% | View data |
2 | 2 Japan | 23 | 2023 | +3.25% | -1.5% | View data |
3 | 3 United States | 20.13 | 2023 | +0.29% | +0.3% | View data |
4 | 4 France | 4.19 | 2023 | -0.66% | +0.84% | View data |
5 | 5 China | 4.18 | 2023 | +5.09% | +4.49% | View data |
6 | 6 Netherlands | 3.51 | 2023 | +1.81% | +0.24% | View data |
7 | 7 Malaysia | 2.62 | 2023 | +4.88% | +3.79% | View data |
8 | 8 Singapore | 2.56 | 2023 | +3.44% | +2.92% | View data |
9 | 9 Canada | 2.29 | 2023 | +4.44% | +7.17% | View data |
10 | 10 Thailand | 1.94 | 2023 | +5.22% | +4.72% | View data |