Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in India - 2023
Contents:
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in India (CIF) - 2022
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in India (FOB) - 2022
- Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in India
- Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in India
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in India (CIF) - 2022
The average sodium hexafluoroaluminate (synthetic cryolite) import price stood at $838 per ton in 2022, growing by 93% against the previous year. In general, the import price enjoyed a measured increase. The pace of growth was the most pronounced in 2018 an increase of 97% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,562 per ton), while the price for South Africa ($272 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+43.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in India (FOB) - 2022
The average sodium hexafluoroaluminate (synthetic cryolite) export price stood at $1,661 per ton in 2022, jumping by 48% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.5% 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) export price increased by +88.7% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 63% against the previous year. As a result, the export price attained the peak level of $1,958 per ton. From 2019 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 Indonesia ($5,282 per ton), while the average price for exports to Turkey ($699 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 (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in India
In 2022, purchases abroad of sodium hexafluoroaluminate (synthetic cryolite)s decreased by -65.8% to 1.8K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 119%. As a result, imports attained the peak of 5.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports contracted sharply to $1.5M in 2022. In general, imports recorded a deep downturn. The pace of growth was the most pronounced in 2020 when imports increased by 17% against the previous year.
| Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,215 | 1,362 | 1,710 | 1,193 | -0.6% |
| Germany | 166 | 134 | 219 | 153 | -2.7% |
| Belgium | 173 | 104 | 106 | 88.7 | -20.0% |
| Mozambique | 77.3 | 12.8 | 121 | 84.7 | 3.1% |
| South Africa | 14.7 | 14.7 | 7.9 | 8.6 | -16.4% |
| United Arab Emirates | N/A | 40.9 | N/A | N/A | 0% |
| Bahrain | N/A | 407 | 118 | N/A | -71.0% |
| Others | 180 | 57.4 | 48.1 | 7.9 | -64.7% |
| Total | 1,826 | 2,132 | 2,330 | 1,536 | -5.6% |
Top Suppliers of Sodium Hexafluoroaluminate (Synthetic Cryolite) to India in 2022:
- China (1437.1 tons)
- Mozambique (261.8 tons)
- Germany (59.6 tons)
- Belgium (40.9 tons)
- South Africa (31.7 tons)
Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in India
After three years of growth, shipments abroad of sodium hexafluoroaluminate (synthetic cryolite)s decreased by -66% to 55 tons in 2022. In general, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 97%.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports dropped significantly to $91K in 2022. Over the period under review, exports, however, enjoyed a measured expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 49%.
| Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 48.1 | 40.4 | 104 | 53.1 | 3.4% |
| Turkey | 11.6 | 37.3 | 17.6 | 10.1 | -4.5% |
| Saudi Arabia | 8.7 | 16.5 | 16.6 | 8.5 | -0.8% |
| Indonesia | 6.2 | 6.2 | 16.6 | 8.5 | 11.1% |
| France | 1.4 | 11.5 | 10.8 | 5.5 | 57.8% |
| United Arab Emirates | N/A | 2.1 | 9.5 | 4.8 | 51.2% |
| Others | 6.7 | 9.3 | 5.7 | N/A | -7.8% |
| Total | 82.7 | 123 | 180 | 90.6 | 3.1% |
Top Export Markets for Sodium Hexafluoroaluminate (Synthetic Cryolite) from India in 2022:
- United States (24.0 tons)
- Turkey (14.4 tons)
- Saudi Arabia (6.1 tons)
- United Arab Emirates (5.2 tons)
- France (3.2 tons)
- Indonesia (1.6 tons)
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