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

Contents:

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

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) import price amounted to $686 per ton, surging by 2.3% against the previous year. Over the period under review, the import price, however, recorded a deep downturn. The growth pace was the most rapid in 2020 when the average import price increased by 6%. The import price peaked at $1,266 per ton in 2014; however, from 2015 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 Germany ($2,371 per ton), while the price for the Netherlands ($320 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) export price amounted to $1,606 per ton, declining by -11.3% against the previous year. In general, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 81% against the previous year. The export price peaked at $1,811 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,309 per ton), while the average price for exports to Costa Rica totaled $1,448 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+18.1%).

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Mexico

In 2022, the amount of sodium hexafluoroaluminate (synthetic cryolite)s imported into Mexico reduced dramatically to 592 tons, dropping by -26.1% on 2021 figures. In general, imports showed a mild reduction. The pace of growth was the most pronounced in 2021 when imports increased by 109%. As a result, imports reached the peak of 800 tons, and then declined notably in the following year.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports dropped remarkably to $406K in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 95% against the previous year. As a result, imports reached the peak of $537K, and then fell markedly in the following year.

Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary74.146.112612117.8%
United States12273.9106102-5.8%
Netherlands73.534.665.563.0-5.0%
Germany96.872.024.060.2-14.6%
China50.148.856.259.35.8%
OthersN/AN/A159N/A0%
Total416275537406-0.8%

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

  1. United States (242.4 tons)
  2. Netherlands (196.7 tons)
  3. Hungary (66.3 tons)
  4. China (60.8 tons)
  5. Germany (25.4 tons)

Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Mexico

In 2022, the amount of sodium hexafluoroaluminate (synthetic cryolite)s exported from Mexico soared to 2.1 tons, growing by 35% compared with the previous year's figure. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 216%. As a result, the exports attained the peak of 2.6 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports skyrocketed to $3.3K in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 177% against the previous year. As a result, the exports attained the peak of $3.9K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica0.82.61.82.444.2%
United States0.61.21.00.914.5%
OthersN/AN/AN/AN/A0%
Total1.43.92.83.333.1%

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

  1. Costa Rica (1.7 tons)
  2. United States (0.4 tons)

Source: IndexBox Market Intelligence Platform

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