Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in South Africa - 2023
Contents:
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in South Africa (CIF) - 2022
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in South Africa (FOB) - 2022
- Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in South Africa
- Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in South Africa
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in South Africa (CIF) - 2022
The average sodium hexafluoroaluminate (synthetic cryolite) import price stood at $1,204 per ton in 2022, with a decrease of -50% against the previous year. In general, the import price showed a slight decrease. The most prominent rate of growth was recorded in 2021 an increase of 69%. As a result, import price attained the peak level of $2,406 per ton, and then fell remarkably in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to +9.9% per year.
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in South Africa (FOB) - 2022
The average sodium hexafluoroaluminate (synthetic cryolite) export price stood at $82 per ton in 2022, shrinking by -11.7% against the previous year. In general, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 an increase of 83% against the previous year. As a result, the export price attained the peak level of $513 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($65 per ton), while the average price for exports to Malaysia totaled $62 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+18.4%).
Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in South Africa
In 2022, imports of sodium hexafluoroaluminate (synthetic cryolite)s into South Africa shrank dramatically to 32 tons, waning by -62% on the year before. Overall, imports showed a precipitous shrinkage. The smallest decline of -2.9% was in 2021.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports declined remarkably to $39K in 2022. In general, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year.
| Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 44.8 | 54.8 | 20.2 | 34.5 | -8.3% |
| Romania | 153 | 67.2 | 134 | N/A | -6.4% |
| Belgium | N/A | N/A | 47.0 | N/A | 0% |
| Others | 37.3 | 1.5 | 1.6 | 4.1 | -52.1% |
| Total | 235 | 124 | 203 | 38.6 | -45.2% |
Top Suppliers of Sodium Hexafluoroaluminate (Synthetic Cryolite) to South Africa in 2022:
- China (31.9 tons)
Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in South Africa
Sodium hexafluoroaluminate (synthetic cryolite) exports from South Africa rose significantly to 1.4K tons in 2022, surging by 8.6% on the previous year. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 2,945% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports shrank to $118K in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 454% against the previous year. As a result, the exports reached the peak of $123K, and then shrank slightly in the following year.
| Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | N/A | 59.0 | 0% |
| Malaysia | N/A | N/A | N/A | 30.8 | 0% |
| Cameroon | N/A | N/A | 121 | N/A | 0% |
| India | 14.9 | 6.2 | N/A | N/A | -58.4% |
| Others | 20.0 | 16.0 | 2.1 | 28.1 | 12.0% |
| Total | 34.9 | 22.2 | 123 | 118 | 50.1% |
Top Export Markets for Sodium Hexafluoroaluminate (Synthetic Cryolite) from South Africa in 2022:
- Brazil (903.0 tons)
- Malaysia (500.0 tons)
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