Anhydrous Hydrofluoric Acid Prices In USA

 

 

  • United States: 2575 USD/MT

 

The price trend for anhydrous hydrofluoric acid in the USA remained stable in December, showing no significant seasonal variations or correlation.

The latest report by IMARC, titled "Anhydrous Hydrofluoric Acid Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of anhydrous hydrofluoric acid prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Anhydrous Hydrofluoric Acid Prices December 2023:

  • United States: 2575 USD/MT
  • China: 1501 USD/MT
  • Brazil: 1560 USD/MT

 

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The study delves into the factors affecting anhydrous hydrofluoric acid price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

 

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Anhydrous Hydrofluoric Acid Price Trend- Q4 2023

The demand for anhydrous hydrofluoric acid in various industrial applications is a primary driver for its market growth globally. This compound is essential in the production of fluorine-containing compounds, including refrigerants and polymers, which are integral to the automotive, construction, and electronics sectors. The increasing demand for high-performance materials in these industries is significantly contributing to the growth of the anhydrous hydrofluoric acid market. Additionally, the advancements in urban infrastructure and the expanding automotive industry necessitate the use of specialized materials, further fueling market expansion. Moreover, the shift towards more environmentally friendly refrigerants due to global regulations on greenhouse gases is prompting the refrigeration industry to adopt alternatives that often require anhydrous hydrofluoric acid in their synthesis. This regulatory push towards sustainable practices is a major growth-inducing factor. Furthermore, the chemical industry's expansion, which relies heavily on anhydrous hydrofluoric acid for the production of fine chemicals and pharmaceuticals, is contributing significantly to the market's growth. The increasing interest in lightweight and high-strength materials in the aerospace and defense sectors, which often utilize fluorine-based compounds, is propelling the market forward. In addition to these drivers, technological advancements in the extraction and production of anhydrous hydrofluoric acid are making the processes more efficient and environmentally friendly, thus bolstering market growth.

Anhydrous Hydrofluoric Acid  Market Analysis

The global anhydrous hydrofluoric acid market size reached US$ 3.1 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 4 Billion, at a projected CAGR of 3.10% during 2023-2032. In the last quarter of 2023, the global market for anhydrous hydrofluoric acid exhibited varied trend across different regions, influenced by a complex interplay of factors. In North America, particularly the USA, the market witnessed a bullish trend characterized by an uptick in prices. This price increase was primarily attributed to a confluence of supply constraints and elevated production costs. A notable decrease in imports significantly contributed to a reduction in supply, creating a tighter market environment. Concurrently, the cost of upstream fluorite, a critical raw material in the production of anhydrous hydrofluoric acid, experienced a surge. These higher raw material costs, coupled with the inherent operational expenses, compelled manufacturers to escalate their quotations. The demand from end-use industries such as refrigerants remained steady to high, yet the decline in new orders from overseas markets hinted at a complex demand dynamic. This scenario underscored the sensitivity of anhydrous hydrofluoric acid prices to shifts in both supply chain dynamics and raw material costs, with the market reacting swiftly to changes in these fundamental parameters.

Conversely, the APAC region, especially China and India, presented a contrasting picture with a mixed to bearish pricing trend. The market dynamics in this region were heavily influenced by an oversupply situation and subdued demand from downstream industries. Despite stable cost support from upstream fluorspar in the initial part of the quarter, the demand from downstream sectors failed to pick up, exerting downward pressure on prices. In China, prices marginally decreased as sellers adjusted their quotations to align with the weak demand, highlighting the critical role of demand-supply equilibrium in price determination. Additionally, fluctuations in oil prices and increased costs of other raw materials like sulfuric acid added layers of complexity to the market’s fundamental structure. The APAC market's experience illustrates the impact of demand fluctuations, supply chain stability, and raw material price volatility on anhydrous hydrofluoric acid pricing, emphasizing the interconnectedness of global markets and the multifaceted nature of chemical market economics.

 

Browse Full Report: https://www.imarcgroup.com/anhydrous-hydrofluoric-acid-pricing-report

 

Key Points Covered in the Anhydrous Hydrofluoric Acid Pricing Report:

The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:

  • Anhydrous Hydrofluoric Acid Prices
  • Anhydrous Hydrofluoric Acid Price Trend
  • Anhydrous Hydrofluoric Acid Demand & Supply
  • Anhydrous Hydrofluoric Acid Market Analysis
  • Demand Supply Analysis by Type
  • Demand Supply Analysis by Application
  • Demand Supply Analysis of Raw Materials
  • Anhydrous Hydrofluoric Acid Price Analysis
  • Anhydrous Hydrofluoric Acid Industry Drivers, Restraints, and Opportunities
  • Anhydrous Hydrofluoric Acid News and Recent developments
  • Global Event Analysis
  • List of Key Players

 

Regional Price Analysis:

  • Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
  • Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
  • North America: United States and Canada
  • Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
  • Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

 

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Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

 

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