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

Contents:

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

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) export price amounted to $64 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices attained the peak figure at $378 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($67 per ton), while the average price for exports to Denmark amounted to $63 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-5.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) import price amounted to $1,407 per ton, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 29% against the previous year. The import price peaked at $1,509 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,528 per ton), while the price for Hungary ($1,288 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Norway

In 2022, exports of sodium hexafluoroaluminate (synthetic cryolite)s from Norway stood at 14K tons, surging by 6% compared with 2021. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 192% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports expanded sharply to $878K in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 134% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark35921230663621.0%
China66.862.611724253.6%
VenezuelaN/AN/A313N/A0%
SwitzerlandN/A3.931.8N/A715.4%
NetherlandsN/A51.548.5N/A-5.8%
Others11.621.95.7N/A-29.9%
Total43735282387826.2%

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

  1. Denmark (10.1K tons)
  2. China (3.6K tons)

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Norway

In 2022, imports of sodium hexafluoroaluminate (synthetic cryolite)s into Norway contracted dramatically to 188 tons, shrinking by -39.4% against 2021 figures. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 370%. As a result, imports reached the peak of 310 tons, and then contracted remarkably in the following year.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports dropped remarkably to $265K in 2022. In general, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 354%. As a result, imports attained the peak of $434K, and then dropped notably in the following year.

Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy79.983.423422340.8%
Hungary14.06.234.332.732.7%
Germany8.10.20.66.1-9.0%
ChinaN/AN/A164N/A0%
Others1.85.91.43.119.9%
Total10495.643426536.6%

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

  1. Italy (158.1 tons)
  2. Hungary (25.4 tons)
  3. Germany (4.0 tons)

Source: IndexBox Market Intelligence Platform

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