Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Belgium - 2023

Contents:

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

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) export price amounted to $42 per ton, with a decrease of -95.7% against the previous year. In general, the export price recorded a precipitous slump. The pace of growth was the most pronounced in 2020 an increase of 70%. Over the period under review, the average export prices attained the maximum at $1,187 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Cameroon.

From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +3.4% per year.

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) import price amounted to $1,197 per ton, picking up by 114% against the previous year. In general, the import price, however, saw a abrupt curtailment. The growth pace was the most rapid in 2015 when the average import price increased by 114%. Over the period under review, average import prices hit record highs at $3,312 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 France ($1,739 per ton), while the price for Germany amounted to $1,133 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.3%), while the prices for the other major suppliers experienced a decline.

Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Belgium

In 2022, exports of sodium hexafluoroaluminate (synthetic cryolite)s from Belgium contracted sharply to 140 tons, with a decrease of -79.5% on the previous year's figure. In general, exports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 12,633%. As a result, the exports reached the peak of 680 tons, and then reduced notably in the following year.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports reduced markedly to $5.9K in 2022. Overall, exports showed a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 12,494%. As a result, the exports attained the peak of $663K, and then reduced rapidly in the following year.

Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CameroonN/AN/AN/A1.50%
Venezuela167N/A622N/A93.0%
Ghana3.9N/AN/AN/A0%
Others3.45.341.74.49.0%
Total1745.36635.9-67.6%

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

  1. Cameroon (137.6 tons)

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Belgium

For the fourth year in a row, Belgium recorded growth in supplies from abroad of sodium hexafluoroaluminate (synthetic cryolite)s, which increased by 782% to 126 tons in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,601%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports surged to $151K in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.51.71.9128340.3%
FranceN/AN/AN/A22.40%
PolandN/AN/A4.8N/A0%
Others0.6N/A1.30.3-20.6%
Total2.11.78.0151315.8%

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

  1. Germany (113.4 tons)
  2. France (12.9 tons)

Source: IndexBox Market Intelligence Platform

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