Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in the UK - 2023

Contents:

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

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) import price amounted to $690 per ton, falling by -44.7% against the previous year. Overall, the import price, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 an increase of 74%. Over the period under review, average import prices hit record highs at $1,508 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($2,878 per ton), while the price for Norway ($218 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iceland (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average sodium hexafluoroaluminate (synthetic cryolite) export price stood at $1,856 per ton in 2022, increasing by 18% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 32% against the previous year. As a result, the export price attained the peak level of $1,922 per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($12,932 per ton), while the average price for exports to India ($878 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 Sweden (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in the UK

In 2022, imports of sodium hexafluoroaluminate (synthetic cryolite)s into the UK surged to 870 tons, jumping by 1,119% against the year before. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports soared to $601K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada21.183.249.0458179.0%
Iceland1.04.02.321.1176.3%
Norway1.24.02.016.6140.1%
Others6.130.035.9106159.0%
Total29.312189.2601173.7%

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

  1. Canada (742.8 tons)
  2. Norway (76.3 tons)
  3. Iceland (26.5 tons)

Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in the UK

In 2022, approx. 135 tons of sodium hexafluoroaluminate (synthetic cryolite)s were exported from the UK; rising by 172% on the previous year's figure. In general, exports, however, faced a deep setback.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports skyrocketed to $250K in 2022. Over the period under review, exports, however, recorded a deep downturn.

Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India13117032.896.8-9.6%
Belgium67.898.421.270.11.1%
Sweden62.473.313.336.6-16.3%
United States69.529.13.421.8-32.1%
Others56.751.27.224.6-24.3%
Total38742277.9250-13.6%

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

  1. India (110.2 tons)
  2. Belgium (17.6 tons)
  3. Sweden (2.8 tons)
  4. United States (2.1 tons)

Source: IndexBox Market Intelligence Platform

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