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

Contents:

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

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

The average sodium hexafluoroaluminate (synthetic cryolite) import price stood at $1,900 per ton in 2022, with a decrease of -6.4% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 increased by +65.4% against 2017 indices. The growth pace was the most rapid in 2018 an increase of 35%. Over the period under review, average import prices hit record highs at $2,031 per ton in 2021, and then contracted in the following year.

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 Italy ($2,588 per ton), while the price for France ($450 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) export price amounted to $5,861 per ton, stabilizing at the previous year. Over the period under review, the export price enjoyed a noticeable increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 103%. The export price peaked at $9,516 per ton in 2020; however, from 2021 to 2022, the export prices remained at a 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 India ($11,151 per ton), while the average price for exports to Germany amounted to $5,581 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+51.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Switzerland

In 2022, approx. 80 tons of sodium hexafluoroaluminate (synthetic cryolite)s were imported into Switzerland; rising by 15% against 2021. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 26%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports rose rapidly to $153K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. Germany (53.7 tons)
2. France (24.0 tons)
3. Italy (2.5 tons)

Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Switzerland

In 2022, after three years of growth, there was significant decline in overseas shipments of sodium hexafluoroaluminate (synthetic cryolite)s, when their volume decreased by -60.8% to 670 kg. Over the period under review, exports recorded a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 9.1%.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports fell remarkably to $3.9K in 2022. In general, exports recorded a significant decline. The growth pace was the most rapid in 2020 when exports increased by 27% against the previous year. As a result, the exports attained the peak of $15K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

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

1. Germany (636.0 kg)
2. India (34.0 kg)

Source: IndexBox Market Intelligence Platform