Alkali Metals; Sodium Price in the United States - 2023
Contents:
- Alkali Metals; Sodium Price in the United States (CIF) - 2023
- Alkali Metals; Sodium Price in the United States (FOB) - 2022
- Alkali Metals; Sodium Imports in the United States
- Alkali Metals; Sodium Exports in the United States
Alkali Metals; Sodium Price in the United States (CIF) - 2023
In August 2023, the average alkali metals; sodium import price amounted to $2,149 per ton, increasing by 8.6% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 9.5% m-o-m. As a result, import price attained the peak level of $2,259 per ton. From December 2022 to August 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($2,926 per ton), while the price for China totaled $1,535 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+1.2%).
Alkali Metals; Sodium Price in the United States (FOB) - 2022
In 2022, the average alkali metals; sodium export price amounted to $4,654 per ton, increasing by 10% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2017 an increase of 48% against the previous year. As a result, the export price reached the peak level of $5,683 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($25,531 per ton), while the average price for exports to Turks and Caicos Islands ($1,763 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 Japan (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.
Alkali Metals; Sodium Imports in the United States
In 2022, purchases abroad of alkali metals; sodia was finally on the rise to reach 17K tons after two years of decline. In general, imports, however, showed a noticeable descent.
In value terms, alkali metals; sodium imports soared to $34M in 2022. Overall, imports, however, recorded a abrupt setback.
Import of Alkali Metals; Sodium in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 22.5 | 17.7 | 15.1 | 18.4 | -6.5% |
China | 17.5 | 13.5 | 10.3 | 15.8 | -3.3% |
Others | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
Total | 40.1 | 31.4 | 25.5 | 34.2 | -5.2% |
Top Suppliers of Alkali Metals; Sodium to the United States in 2022:
- China (9.5K tons)
- France (7.1K tons)
Alkali Metals; Sodium Exports in the United States
In 2022, the amount of alkali metals; sodia exported from the United States dropped notably to 368 tons, reducing by -33.1% on the previous year's figure. In general, exports recorded a sharp shrinkage. The smallest decline of -9% was in 2020.
In value terms, alkali metals; sodium exports contracted remarkably to $1.7M in 2022. Overall, exports faced a abrupt decrease. The smallest decline of -12.4% was in 2020.
Export of Alkali Metals; Sodium in the United States (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 648 | 338 | 386 | 379 | -16.4% |
Canada | 629 | 861 | 479 | 368 | -16.4% |
China | 302 | 534 | 346 | 256 | -5.4% |
France | 171 | 162 | 213 | 55.6 | -31.2% |
Colombia | 164 | 7.0 | 11.0 | 42.2 | -36.4% |
Belgium | 109 | 248 | 244 | 32.6 | -33.1% |
Turks and Caicos Islands | 25.4 | 17.6 | 27.8 | 31.0 | 6.9% |
Bahamas | 68.9 | 12.1 | 4.4 | 28.7 | -25.3% |
Panama | N/A | N/A | 2.5 | 28.0 | 1020.0% |
Ireland | 88.0 | 14.8 | 27.5 | 26.6 | -32.9% |
Poland | 121 | 120 | 123 | 20.1 | -45.0% |
Russia | 212 | N/A | N/A | N/A | 0% |
Others | 678 | 503 | 458 | 445 | -13.1% |
Total | 3,216 | 2,817 | 2,322 | 1,713 | -18.9% |
Top Export Markets for Alkali Metals; Sodium from the United States in 2022:
- Canada (131.7 tons)
- Mexico (76.5 tons)
- France (23.1 tons)
- Colombia (18.8 tons)
- Turks and Caicos Islands (17.6 tons)
- Panama (13.0 tons)
- China (10.9 tons)
- Poland (8.1 tons)
- Belgium (7.1 tons)
- Bahamas (6.7 tons)
- Ireland (6.6 tons)
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