EU: Hydrogen Chloride Market 2024

Hydrogen Chloride Market Size in the EU

The EU hydrogen chloride market declined to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Hydrogen Chloride Production in the EU

In value terms, hydrogen chloride production soared to $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production attained the peak level in 2022 and is likely to see gradual growth in the immediate term.

Hydrogen Chloride Exports

Exports in the EU

In 2022, shipments abroad of hydrogen chloride (hydrochloric acid) was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydrogen chloride exports skyrocketed to $X in 2022. In general, exports posted a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Germany (X tons) represented the key exporter of hydrogen chloride (hydrochloric acid), comprising X% of total exports. The Netherlands (X tons) ranks second in terms of the total exports with a X% share, followed by Poland (X%) and Belgium (X%). The Czech Republic (X tons), Hungary (X tons), Spain (X tons), Romania (X tons), Austria (X tons), Portugal (X tons) and France (X tons) held a relatively small share of total exports.

Exports from Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, the Czech Republic (X%), the Netherlands (X%), Poland (X%), Spain (X%), Romania (X%), Hungary (X%), Belgium (X%), Portugal (X%) and France (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Austria (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), Poland (X p.p.), the Czech Republic (X p.p.) and Austria (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Portugal (X p.p.), France (X p.p.), Hungary (X p.p.), Belgium (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest hydrogen chloride supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

In Germany, hydrogen chloride exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (X% per year) and Spain (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced more modest paces of growth.

Hydrogen Chloride Imports

Imports in the EU

In 2022, overseas purchases of hydrogen chloride (hydrochloric acid) increased by X% to X tons, rising for the second year in a row after two years of decline. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydrogen chloride imports soared to $X in 2022. Overall, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany represented the largest importer of hydrogen chloride (hydrochloric acid) in the European Union, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. France (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the Netherlands (X%), Poland (X%) and Belgium (X%). Spain (X tons), Bulgaria (X tons), Italy (X tons), Austria (X tons), Denmark (X tons), Sweden (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Bulgaria (X%), Spain (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Denmark and Italy experienced a relatively flat trend pattern. By contrast, Sweden (X%), Belgium (X%), France (X%), the Czech Republic (X%) and Austria (X%) illustrated a downward trend over the same period. While the share of Germany (X p.p.), Poland (X p.p.) and Bulgaria (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sweden (X p.p.), Italy (X p.p.), the Czech Republic (X p.p.), Austria (X p.p.), the Netherlands (X p.p.), Belgium (X p.p.) and France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest hydrogen chloride importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined X% share of total imports. Belgium, Italy, Austria, the Czech Republic, Denmark, Poland, Bulgaria, Sweden and Spain lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, increasing by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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