Alkali Metals; Sodium Price in China - 2023
Contents:
- Alkali Metals; Sodium Price in China (FOB) - 2023
- Alkali Metals; Sodium Price in China (CIF) - 2022
- Alkali Metals; Sodium Exports in China
- Alkali Metals; Sodium Imports in China
Alkali Metals; Sodium Price in China (FOB) - 2023
The average alkali metals; sodium export price stood at $2,141 per ton in June 2023, with an increase of 6.4% against the previous month. In general, the export price, however, showed a slight reduction. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 8.3% against the previous month. The export price peaked at $2,533 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($3,141 per ton), while the average price for exports to the United States ($1,701 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.5%), while the prices for the other major destinations experienced a decline.
Alkali Metals; Sodium Price in China (CIF) - 2022
In 2022, the average alkali metals; sodium import price amounted to $1,783 per ton, declining by -61.9% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 263% against the previous year. As a result, import price reached the peak level of $17,577 per ton. From 2015 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 Italy ($6,852 per ton), while the price for the United States ($236 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.8%), while the prices for the other major suppliers experienced a decline.
Alkali Metals; Sodium Exports in China
In 2022, shipments abroad of alkali metals; sodia was finally on the rise to reach 16K tons after two years of decline. Over the period under review, exports, however, recorded a noticeable setback.
In value terms, alkali metals; sodium exports skyrocketed to $37M in 2022. Overall, exports, however, showed a deep setback.
| Export of Alkali Metals; Sodium in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.1 | 15.1 | 10.6 | 17.9 | -2.1% |
| India | 18.7 | 19.4 | 16.4 | 12.7 | -12.1% |
| Japan | 2.1 | 1.6 | 2.7 | 2.8 | 10.1% |
| South Korea | 0.6 | 0.8 | 1.0 | 2.2 | 54.2% |
| Russia | 0.6 | 0.5 | 0.9 | 0.8 | 10.1% |
| Others | 2.7 | 1.7 | 0.8 | 0.9 | -30.7% |
| Total | 43.9 | 39.1 | 32.4 | 37.3 | -5.3% |
Top Export Markets for Alkali Metals; Sodium from China in 2022:
- United States (9.7K tons)
- India (4.4K tons)
- Japan (0.9K tons)
- South Korea (0.7K tons)
- Russia (0.3K tons)
Alkali Metals; Sodium Imports in China
In 2022, the amount of alkali metals; sodia imported into China surged to 88 tons, jumping by 265% compared with 2021. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, alkali metals; sodium imports soared to $157K in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 70%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Alkali Metals; Sodium in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 8.1 | 33.6 | 95.0 | 133 | 154.2% |
| Italy | 18.0 | 18.0 | 17.1 | 11.4 | -14.1% |
| United States | 3.4 | 8.3 | 0.4 | 11.4 | 49.7% |
| Germany | 8.3 | 10.1 | N/A | N/A | 21.7% |
| Others | 5.6 | 4.1 | 0.5 | 1.1 | -41.9% |
| Total | 43.5 | 74.0 | 113 | 157 | 53.4% |
Top Suppliers of Alkali Metals; Sodium to China in 2022:
- United States (48.5 tons)
- France (37.4 tons)
- Italy (1.7 tons)
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