Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Thailand - 2023
Contents:
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Thailand (CIF) - 2022
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Thailand (FOB) - 2022
- Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Thailand
- Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Thailand
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Thailand (CIF) - 2022
The average sodium hexafluoroaluminate (synthetic cryolite) import price stood at $1,024 per ton in 2022, with an increase of 6.3% against the previous year. Overall, the import price, however, saw a slight descent. The most prominent rate of growth was recorded in 2019 when the average import price increased by 16% against the previous year. As a result, import price reached the peak level of $1,171 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
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 Japan ($1,906 per ton), while the price for Denmark ($972 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Thailand (FOB) - 2022
In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) export price amounted to $2,568 per ton, increasing by 43% against the previous year. In general, the export price posted a notable increase. The growth pace was the most rapid in 2020 when the average export price increased by 82%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($5,184 per ton), while the average price for exports to Hong Kong SAR amounted to $1,303 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Thailand
In 2022, purchases abroad of sodium hexafluoroaluminate (synthetic cryolite)s decreased by -38.9% to 622 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 76%. As a result, imports attained the peak of 1K tons, and then declined notably in the following year.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports shrank markedly to $637K in 2022. Over the period under review, imports, however, posted noticeable growth. The most prominent rate of growth was recorded in 2021 when imports increased by 96%. As a result, imports reached the peak of $981K, and then fell dramatically in the following year.
| Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 67.8 | 29.7 | 100 | 394 | 79.8% |
| China | 470 | 405 | 778 | 193 | -25.7% |
| Japan | 60.2 | 55.9 | 96.1 | 48.7 | -6.8% |
| Bahrain | N/A | 7.8 | 3.8 | N/A | -51.3% |
| Others | 1.4 | 1.2 | 2.4 | 1.1 | -7.7% |
| Total | 600 | 500 | 981 | 637 | 2.0% |
Top Suppliers of Sodium Hexafluoroaluminate (Synthetic Cryolite) to Thailand in 2022:
- Denmark (405.3 tons)
- China (190.5 tons)
- Japan (25.5 tons)
Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Thailand
After three years of growth, overseas shipments of sodium hexafluoroaluminate (synthetic cryolite)s decreased by -91.6% to 88 kg in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 593% against the previous year. As a result, the exports reached the peak of 1.1 tons, and then dropped notably in the following year.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports declined sharply to $226 in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,103% against the previous year.
| Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Thailand (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | 120 | 54.0 | 149 | 11.4% |
| Hong Kong SAR | 29.0 | 229 | 1,836 | 77.0 | 38.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 29.0 | 349 | 1,890 | 226 | 98.3% |
Top Export Markets for Sodium Hexafluoroaluminate (Synthetic Cryolite) from Thailand in 2022:
- Hong Kong SAR (59.0 kg)
- Singapore (29.0 kg)
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