The import of hydrogen fluoride (hydrofluoric acid) to Vietnam has shown significant variability over the years, with notable growth from 2013 to 2023. In 2023, the import value stood at 8.669 million US dollars. The year-on-year variation witnessed large fluctuations, ranging from 109.14% growth in 2016 to a 7.97% decline in 2018. The most recent year-on-year change was a 5.32% increase from 2022 to 2023. The compound annual growth rate (CAGR) over the past five years indicates a 6.3% average annual growth. The forecasted CAGR for the next five years is projected at 3.67%, with a 19.75% forecast growth rate by 2028.
Future trends to watch for include:
- **Increasing demand in semiconductor and electronics industries**, which heavily rely on hydrofluoric acid.
- **Environmental regulations** that may impact both production and import policies.
- **Technological advancements** improving the efficiency of hydrofluoric acid use that might influence demand and import volumes.
