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

Contents:

  1. Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Greece (CIF) - 2022
  2. Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Greece

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) import price amounted to $1,673 per ton, increasing by 82% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium hexafluoroaluminate (synthetic cryolite) import price decreased by -29.2% against 2019 indices. Over the period under review, average import prices hit record highs at $2,363 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($10,672 per ton), while the price for Romania ($495 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Greece

In 2022, after three years of growth, there was significant decline in overseas purchases of sodium hexafluoroaluminate (synthetic cryolite)s, when their volume decreased by -47.6% to 17 tons. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 159% against the previous year. As a result, imports attained the peak of 32 tons, and then reduced notably in the following year.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports shrank to $28K in 2022. The total import value increased at an average annual rate of +12.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 35% against the previous year.

Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.7N/A22.010.832.0%
Denmark4.5N/AN/A5.24.9%
Belgium4.7N/AN/A5.12.8%
Hungary1.46.1N/A4.345.4%
Romania4.7N/AN/A3.0-13.9%
BulgariaN/A20.8N/AN/A0%
BahrainN/AN/A7.7N/A0%
Others0.10.3N/A0.10.0%
Total20.127.129.728.412.2%

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

  1. Romania (6.1 tons)
  2. Germany (4.1 tons)
  3. Belgium (3.6 tons)
  4. Hungary (2.7 tons)
  5. Denmark (0.5 tons)

Source: IndexBox Market Intelligence Platform

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