In 2023, the import of Hydrogen Fluoride (Hydrofluoric Acid) to Vietnam was recorded at 5.88 million kilograms. The forecasted data from 2024 to 2028 show a consistent year-on-year increase in volume:
The variations over the last two years (2023-2024) exhibit a growth of approximately 5.2%, increasing further in 2024-2025 by 5.1%, and maintaining an upward trend through 2025-2026, 2026-2027, and 2027-2028 with increases of around 4.8%, 4.5%, and 4.2% respectively. The Compound Annual Growth Rate (CAGR) over the five-year forecast period from 2024 to 2028 is around 4.66%, indicating a steady rise in imports.
Future trends to watch for:
• Potential shifts in global supply chains affecting import volumes.
• Regulatory changes impacting the use and handling of hydrofluoric acid.
• Growth in local industries that utilize hydrofluoric acid, potentially driving increased demand.
• Technological advancements in production capacity or alternative materials.
