Alkali Metals; Sodium Price in the United States - 2023

Contents:

  1. Alkali Metals; Sodium Price in the United States (CIF) - 2023
  2. Alkali Metals; Sodium Price in the United States (FOB) - 2022
  3. Alkali Metals; Sodium Imports in the United States
  4. Alkali Metals; Sodium Exports in the United States

Alkali Metals; Sodium Price in the United States (CIF) - 2023

In August 2023, the average alkali metals; sodium import price amounted to $2,149 per ton, increasing by 8.6% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 9.5% m-o-m. As a result, import price attained the peak level of $2,259 per ton. From December 2022 to August 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($2,926 per ton), while the price for China totaled $1,535 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+1.2%).

Alkali Metals; Sodium Price in the United States (FOB) - 2022

In 2022, the average alkali metals; sodium export price amounted to $4,654 per ton, increasing by 10% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2017 an increase of 48% against the previous year. As a result, the export price reached the peak level of $5,683 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($25,531 per ton), while the average price for exports to Turks and Caicos Islands ($1,763 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 Japan (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

Alkali Metals; Sodium Imports in the United States

In 2022, purchases abroad of alkali metals; sodia was finally on the rise to reach 17K tons after two years of decline. In general, imports, however, showed a noticeable descent.

In value terms, alkali metals; sodium imports soared to $34M in 2022. Overall, imports, however, recorded a abrupt setback.

Import of Alkali Metals; Sodium in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France22.517.715.118.4-6.5%
China17.513.510.315.8-3.3%
Others0.10.20.1N/A0.0%
Total40.131.425.534.2-5.2%

Top Suppliers of Alkali Metals; Sodium to the United States in 2022:

  1. China (9.5K tons)
  2. France (7.1K tons)

Alkali Metals; Sodium Exports in the United States

In 2022, the amount of alkali metals; sodia exported from the United States dropped notably to 368 tons, reducing by -33.1% on the previous year's figure. In general, exports recorded a sharp shrinkage. The smallest decline of -9% was in 2020.

In value terms, alkali metals; sodium exports contracted remarkably to $1.7M in 2022. Overall, exports faced a abrupt decrease. The smallest decline of -12.4% was in 2020.

Export of Alkali Metals; Sodium in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico648338386379-16.4%
Canada629861479368-16.4%
China302534346256-5.4%
France17116221355.6-31.2%
Colombia1647.011.042.2-36.4%
Belgium10924824432.6-33.1%
Turks and Caicos Islands25.417.627.831.06.9%
Bahamas68.912.14.428.7-25.3%
PanamaN/AN/A2.528.01020.0%
Ireland88.014.827.526.6-32.9%
Poland12112012320.1-45.0%
Russia212N/AN/AN/A0%
Others678503458445-13.1%
Total3,2162,8172,3221,713-18.9%

Top Export Markets for Alkali Metals; Sodium from the United States in 2022:

  1. Canada (131.7 tons)
  2. Mexico (76.5 tons)
  3. France (23.1 tons)
  4. Colombia (18.8 tons)
  5. Turks and Caicos Islands (17.6 tons)
  6. Panama (13.0 tons)
  7. China (10.9 tons)
  8. Poland (8.1 tons)
  9. Belgium (7.1 tons)
  10. Bahamas (6.7 tons)
  11. Ireland (6.6 tons)

Source: IndexBox Market Intelligence Platform

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