Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Australia - 2023

Contents:

  1. Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Australia (FOB) - 2022
  2. Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Australia (CIF) - 2022
  3. Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Australia
  4. Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Australia

Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Australia (FOB) - 2022

The average sodium hexafluoroaluminate (synthetic cryolite) export price stood at $235 per ton in 2022, shrinking by -13.4% against the previous year. In general, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2018 when the average export price increased by 46% against the previous year. The export price peaked at $437 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +25.4% per year.

Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Australia (CIF) - 2022

The average sodium hexafluoroaluminate (synthetic cryolite) import price stood at $1,233 per ton in 2022, reducing by -22.3% against the previous year. Overall, the import price, however, saw a modest expansion. The pace of growth was the most pronounced in 2021 an increase of 49%. As a result, import price reached the peak level of $1,588 per ton, and then reduced dramatically in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.9% per year.

Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Australia

In 2022, sodium hexafluoroaluminate (synthetic cryolite) exports from Australia soared to 4.1K tons, growing by 29% compared with 2021. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -18.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 60% against the previous year. As a result, the exports attained the peak of 5K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports expanded rapidly to $967K in 2022. The total export value increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 37%. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey27.51,071202967227.6%
China309N/AN/AN/A0%
United States160N/A135N/A-8.1%
Brazil269N/A458N/A30.5%
Others18.5N/A66.8N/A90.0%
Total7841,0718629677.2%

Top Export Markets for Sodium Hexafluoroaluminate (Synthetic Cryolite) from Australia in 2022:

  1. Turkey (4.1K tons)

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Australia

In 2022, approx. 19 tons of sodium hexafluoroaluminate (synthetic cryolite)s were imported into Australia; increasing by 56% on the previous year. In general, imports, however, saw a abrupt setback.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports skyrocketed to $23K in 2022. Overall, imports, however, saw a deep contraction.

Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.726.219.123.1-5.9%
OthersN/A0.9N/AN/A0%
Total27.727.119.123.1-5.9%

Top Suppliers of Sodium Hexafluoroaluminate (Synthetic Cryolite) to Australia in 2022:

  1. China (18.7 tons)

Source: IndexBox Market Intelligence Platform

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