Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Azerbaijan - 2023
Contents:
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Azerbaijan (CIF) - 2022
- Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Azerbaijan
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Azerbaijan (CIF) - 2022
The average sodium hexafluoroaluminate (synthetic cryolite) import price stood at $1,493 per ton in 2022, surging by 73% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium hexafluoroaluminate (synthetic cryolite) import price increased by +145.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($1,803 per ton), while the price for China ($221 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+9.8%), while the prices for the other major suppliers experienced a decline.
Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Azerbaijan
In 2022, the amount of sodium hexafluoroaluminate (synthetic cryolite)s imported into Azerbaijan skyrocketed to 81 tons, increasing by 121% against the previous year's figure. Overall, imports saw prominent growth. The pace of growth was the most pronounced in 2020 when imports increased by 425%. As a result, imports attained the peak of 345 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports surged to $121K in 2022. Over the period under review, imports showed strong growth.
| Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 68.3 | 151 | 30.4 | 116 | 19.3% |
| Turkey | 1.9 | 4.9 | 1.1 | 4.3 | 31.3% |
| United Arab Emirates | N/A | 53.6 | N/A | N/A | 0% |
| Others | 0.3 | 0.6 | 0.1 | 0.2 | -12.6% |
| Total | 70.5 | 210 | 31.5 | 121 | 19.7% |
Top Suppliers of Sodium Hexafluoroaluminate (Synthetic Cryolite) to Azerbaijan in 2022:
- Russia (64.5 tons)
- Turkey (15.4 tons)
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