Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Hong Kong SAR - 2022
Contents:
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Hong Kong SAR (CIF) - 2022
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Hong Kong SAR (FOB) - 2022
- Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Hong Kong SAR
- Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Hong Kong SAR
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Hong Kong SAR (CIF) - 2022
The average sodium hexafluoroaluminate (synthetic cryolite) import price stood at $10,738 per ton in 2022, shrinking by -49.9% against the previous year. In general, the import price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 278%. Over the period under review, average import prices attained the peak figure at $21,423 per ton in 2021, and then declined remarkably in the following year.
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 Australia ($11,209 per ton), while the price for Germany ($6,016 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Hong Kong SAR (FOB) - 2022
The average sodium hexafluoroaluminate (synthetic cryolite) export price stood at $1,466 per ton in 2022, approximately mirroring the previous year. Overall, the export price saw a pronounced downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 40% against the previous year. The export price peaked at $2,126 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 Thailand.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -3.8% per year.
Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Hong Kong SAR
In 2022, approx. 823 kg of sodium hexafluoroaluminate (synthetic cryolite)s were imported into Hong Kong SAR; picking up by 370% against the previous year. Over the period under review, imports, however, recorded a precipitous descent.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports surged to $8.8K in 2022. In general, imports, however, faced a precipitous slump.
| Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 8.1 | 0% |
| Germany | 0.9 | 5.6 | 0.7 | 0.4 | -23.7% |
| China | 1.2 | 6.7 | 0.7 | 0.4 | -30.7% |
| United Kingdom | 11.0 | N/A | N/A | N/A | 0% |
| Others | 11.0 | 1.6 | 2.3 | N/A | -54.3% |
| Total | 24.1 | 13.9 | 3.7 | 8.8 | -28.5% |
Top Suppliers of Sodium Hexafluoroaluminate (Synthetic Cryolite) to Hong Kong SAR in 2022:
- Australia (719.0 kg)
- Germany (61.0 kg)
- China (41.0 kg)
Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in shipments abroad of sodium hexafluoroaluminate (synthetic cryolite)s, which decreased by 0% to 1.2 tons in 2022. Over the period under review, exports faced a precipitous decline. The smallest decline of -44.9% was in 2020.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports totaled $1.7K in 2022. In general, exports showed a sharp curtailment. The smallest decline of -49.8% was in 2020.
| Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | N/A | 0.9 | 0% |
| Fiji | 5.4 | N/A | N/A | N/A | 0% |
| Indonesia | N/A | 2.7 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.8 | 0% |
| Total | 5.4 | 2.7 | N/A | 1.7 | -32.0% |
Top Export Markets for Sodium Hexafluoroaluminate (Synthetic Cryolite) from Hong Kong SAR in 2022:
- Thailand (581.0 kg)
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