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

Contents:

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

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) import price amounted to $3,815 per ton, rising by 7.1% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium hexafluoroaluminate (synthetic cryolite) import price increased by +102.1% against 2016 indices. The growth pace was the most rapid in 2019 when the average import price increased by 38% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($11,434 per ton), while the price for the Netherlands ($1,467 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average sodium hexafluoroaluminate (synthetic cryolite) export price stood at $1,342 per ton in 2022, with an increase of 99% against the previous year. In general, the export price, however, recorded a pronounced reduction. The export price peaked at $2,196 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($1,631 per ton), while the average price for exports to Angola ($406 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-5.8%), while the prices for the other major destinations experienced a decline.

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Portugal

In 2022, sodium hexafluoroaluminate (synthetic cryolite) imports into Portugal surged to 9.4 tons, rising by 272% compared with 2021 figures. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports soared to $36K in 2022. Overall, imports continue to indicate 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 Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.36.06.024.2119.1%
Italy0.77.12.710.3145.0%
Spain5.22.70.31.3-37.0%
OthersN/AN/AN/A0.10%
Total8.215.89.035.863.4%

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

  1. Italy (6.6 tons)
  2. Germany (2.1 tons)
  3. Spain (0.6 tons)

Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Portugal

In 2022, sodium hexafluoroaluminate (synthetic cryolite) exports from Portugal surged to 459 kg, jumping by 50% compared with the previous year's figure. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 118% against the previous year. As a result, the exports reached the peak of 619 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports skyrocketed to $616 in 2022. Overall, exports continue to indicate resilient growth.

Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Portugal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain288N/AN/A54523.7%
Burkina Faso98.0N/AN/A50.0-20.1%
Angola27.039219220.0-9.5%
United Arab EmiratesN/A619N/AN/A0%
Others1.014.014.01.00.0%
Total4141,02520661614.2%

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

  1. Spain (334.0 kg)
  2. Burkina Faso (75.0 kg)
  3. Angola (50.0 kg)

Source: IndexBox Market Intelligence Platform

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