Alkali Metals; Sodium Price in Canada - 2023

Contents:

  1. Alkali Metals; Sodium Price in Canada (CIF) - 2022
  2. Alkali Metals; Sodium Price in Canada (FOB) - 2022
  3. Alkali Metals; Sodium Imports in Canada
  4. Alkali Metals; Sodium Exports in Canada

Alkali Metals; Sodium Price in Canada (CIF) - 2022

The average alkali metals; sodium import price stood at $2,551 per ton in 2022, rising by 1.6% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 26% against the previous year. The import price peaked at $3,217 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($2,556 per ton) and India ($2,551 per ton), while the price for France ($2,551 per ton) and Germany ($2,551 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced a decline.

Alkali Metals; Sodium Price in Canada (FOB) - 2022

In 2022, the average alkali metals; sodium export price amounted to $1,629 per ton, declining by -3.3% against the previous year. Overall, the export price saw a perceptible curtailment. The pace of growth was the most pronounced in 2020 an increase of 30%. Over the period under review, the average export prices reached the maximum at $2,101 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,630 per ton), while the average price for exports to Cuba ($1,586 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Alkali Metals; Sodium Imports in Canada

In 2022, purchases abroad of alkali metals; sodia decreased by -14.5% to 178 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 51% against the previous year. As a result, imports attained the peak of 368 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, alkali metals; sodium imports declined to $455K in 2022. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 45%. As a result, imports reached the peak of $876K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Alkali Metals; Sodium in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France256120205178-11.4%
United States306310222168-18.1%
IndiaN/AN/A46.262.936.1%
ChinaN/A2.42.137.0292.6%
Germany0.7N/A4.88.1126.2%
ThailandN/AN/A37.1N/A0%
MexicoN/A426N/AN/A0%
Italy42.016.72.7N/A-74.6%
Others1.81.44.11.1-15.1%
Total606876524455-9.1%

Top Suppliers of Alkali Metals; Sodium to Canada in 2022:

  1. France (69.8 tons)
  2. United States (65.7 tons)
  3. India (24.7 tons)
  4. China (14.5 tons)
  5. Germany (3.2 tons)

Alkali Metals; Sodium Exports in Canada

In 2022, after three years of growth, there was significant decline in shipments abroad of alkali metals; sodia, when their volume decreased by -55% to 5.7 tons. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 453% against the previous year. As a result, the exports reached the peak of 13 tons, and then contracted dramatically in the following year.

In value terms, alkali metals; sodium exports plummeted to $9.2K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 350%. As a result, the exports attained the peak of $21K, and then declined notably in the following year.

Export of Alkali Metals; Sodium in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A8.90%
FranceN/A0.20.20.20.0%
IrelandN/AN/A20.2N/A0%
China0.91.8N/AN/A100.0%
Morocco1.8N/AN/AN/A0%
PhilippinesN/AN/A0.8N/A0%
United StatesN/A2.7N/AN/A0%
OthersN/AN/AN/A0.10%
Total2.64.721.29.252.4%

Top Export Markets for Alkali Metals; Sodium from Canada in 2022:

  1. United Kingdom (5.5 tons)
  2. France (0.1 tons)

Source: IndexBox Market Intelligence Platform

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