Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Singapore - 2022

Contents:

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

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) export price amounted to $3,563 per ton, shrinking by -4.1% against the previous year. Overall, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 an increase of 84%. The export price peaked at $3,714 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($3,726 per ton), while the average price for exports to Indonesia amounted to $271 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+2.9%).

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

The average sodium hexafluoroaluminate (synthetic cryolite) import price stood at $1,066 per ton in 2022, with a decrease of -29.7% against the previous year. In general, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 38% against the previous year. Over the period under review, average import prices reached the maximum at $2,263 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($2,075 per ton), while the price for France ($949 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-2.4%), while the prices for the other major suppliers experienced a decline.

Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Singapore

In 2022, overseas shipments of sodium hexafluoroaluminate (synthetic cryolite)s decreased by -10.4% to 204 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of 228 tons, and then fell in the following year.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports declined to $727K in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, the exports attained the peak of $845K, and then shrank in the following year.

Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia48259284172414.5%
Indonesia3.73.53.32.6-11.1%
Others0.812.30.30.4-20.6%
Total48760884572714.3%

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

  1. Malaysia (194.2 tons)
  2. Indonesia (9.6 tons)

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Singapore

Sodium hexafluoroaluminate (synthetic cryolite) imports into Singapore skyrocketed to 498 tons in 2022, picking up by 33,196% against the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports soared to $530K in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern.

Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4759140.6372-7.8%
China26.776.61.011361.8%
Malaysia8.325.50.219.633.2%
Others20.642.60.526.58.8%
Total5311,0582.3530-0.1%

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

  1. France (391.3 tons)
  2. China (89.7 tons)
  3. Malaysia (9.4 tons)

Source: IndexBox Market Intelligence Platform

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