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

Contents:

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

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

The average sodium hexafluoroaluminate (synthetic cryolite) import price stood at $2,353 per ton in 2022, growing by 96% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. The growth pace was the most rapid in 2013 when the average import price increased by 131%. As a result, import price reached the peak level of $2,491 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($2,900 per ton), while the price for the Netherlands ($1,353 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Italy

In 2022, approx. 347 tons of sodium hexafluoroaluminate (synthetic cryolite)s were imported into Italy; shrinking by -47.7% compared with 2021 figures. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports attained the peak of 664 tons, and then dropped rapidly in the following year.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports amounted to $817K in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary2272392572462.7%
Denmark58.042.019518647.5%
Germany92.811714213513.3%
Czech Republic16112071.2118-9.8%
China93.576.454.974.9-7.1%
Netherlands60.213.020.431.6-19.3%
Turkey15.116.316.916.22.4%
SloveniaN/A4.431.6N/A618.2%
Others25.09.510.09.7-27.1%
Total7336377998173.7%

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

  1. Hungary (99.3 tons)
  2. Denmark (65.3 tons)
  3. Germany (53.3 tons)
  4. China (52.0 tons)
  5. Czech Republic (40.6 tons)
  6. Netherlands (23.4 tons)
  7. Turkey (11.4 tons)

Source: IndexBox Market Intelligence Platform

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