Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Canada - 2023
Contents:
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Canada (FOB) - 2023
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Canada (CIF) - 2022
- Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Canada
- Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Canada
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Canada (FOB) - 2023
The average sodium hexafluoroaluminate (synthetic cryolite) export price stood at $464 per ton in June 2023, picking up by 1.7% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 12% m-o-m. The export price peaked in June 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for Brazil amounted to +8.8% per month.
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Canada (CIF) - 2022
In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) import price amounted to $578 per ton, reducing by -9.4% against the previous year. Overall, the import price showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 an increase of 7% against the previous year. The import price peaked at $801 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($578 per ton), while the price for Germany amounted to $578 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.2%), while the prices for the other major suppliers experienced a decline.
Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Canada
After three years of growth, overseas shipments of sodium hexafluoroaluminate (synthetic cryolite)s decreased by -46.7% to 12K tons in 2022. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 113% against the previous year.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports contracted significantly to $4.8M in 2022. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 122% against the previous year. As a result, the exports attained the peak of $9.7M, and then dropped rapidly in the following year.
| Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.3 | 4.1 | 9.6 | 4.8 | 27.8% |
| Brazil | N/A | 0.3 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.3 | 4.4 | 9.7 | 4.8 | 27.8% |
Top Export Markets for Sodium Hexafluoroaluminate (Synthetic Cryolite) from Canada in 2022:
- United States (12.1K tons)
Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Canada
In 2022, sodium hexafluoroaluminate (synthetic cryolite) imports into Canada skyrocketed to 320 tons, with an increase of 513% on 2021. In general, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 651%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports skyrocketed to $185K in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 644%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.1 | 28.7 | 28.3 | 157 | 422.6% |
| Germany | 2.5 | 2.6 | 4.8 | 26.4 | 119.4% |
| Romania | N/A | 16.8 | N/A | N/A | 0% |
| Others | 3.0 | 0.4 | 0.3 | 2.3 | -8.5% |
| Total | 6.5 | 48.5 | 33.3 | 185 | 205.3% |
Top Suppliers of Sodium Hexafluoroaluminate (Synthetic Cryolite) to Canada in 2022:
- United States (270.7 tons)
- Germany (45.6 tons)
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