Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Bahrain - 2022
Contents:
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Bahrain (FOB) - 2022
- Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Bahrain
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Bahrain (FOB) - 2022
The average sodium hexafluoroaluminate (synthetic cryolite) export price stood at $118 per ton in 2022, growing by 9.5% against the previous year. In general, the export price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 10%. Over the period under review, the average export prices hit record highs at $295 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($240 per ton), while the average price for exports to Vietnam ($105 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+1.5%), while the prices for the other major destinations experienced a decline.
Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Bahrain
In 2022, shipments abroad of sodium hexafluoroaluminate (synthetic cryolite)s decreased by -50.7% to 2.2K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 4,113%.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports fell notably to $265K in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,588%.
| Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Bahrain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.3 | 34.7 | 27.0 | 133 | 367.7% |
| India | N/A | 2.8 | 5.1 | 43.6 | 294.6% |
| Georgia | N/A | 1.1 | 6.8 | 24.5 | 371.9% |
| Vietnam | 0.3 | 4.5 | 11.2 | 22.7 | 323.0% |
| Oman | 1.5 | 25.5 | 11.4 | 18.0 | 128.9% |
| Albania | N/A | 6.6 | 6.8 | 16.0 | 55.7% |
| Saudi Arabia | N/A | N/A | 25.8 | 5.3 | -79.5% |
| Switzerland | 4.8 | 146 | 176 | N/A | 505.5% |
| Others | 6.7 | 173 | 221 | 1.8 | -35.5% |
| Total | 14.7 | 394 | 491 | 265 | 162.2% |
Top Export Markets for Sodium Hexafluoroaluminate (Synthetic Cryolite) from Bahrain in 2022:
- Turkey (1200.0 tons)
- India (350.0 tons)
- Georgia (225.0 tons)
- Vietnam (216.0 tons)
- Albania (150.0 tons)
- Oman (75.0 tons)
- Saudi Arabia (18.0 tons)
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