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

Contents:

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

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) import price amounted to $1,530 per ton, increasing by 161% against the previous year. In general, the import price enjoyed a moderate increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($2,666 per ton), while the price for Iceland ($307 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average sodium hexafluoroaluminate (synthetic cryolite) export price stood at $2,727 per ton in 2022, growing by 32% against the previous year. Over the period under review, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of 425%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Sudan ($2,915 per ton) and India ($2,791 per ton), while the average price for exports to Portugal ($2,170 per ton) and Germany ($2,653 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+634.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Spain

Sodium hexafluoroaluminate (synthetic cryolite) imports into Spain soared to 962 tons in 2022, with an increase of 21% compared with the previous year's figure. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 62% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports soared to $1.5M in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/A1071911,292247.5%
Iceland13214620572.2-18.2%
China10.51673.634.348.4%
DenmarkN/A5.35.628.9133.5%
Italy13973.414.57.8-61.7%
Others71.029.848.937.9-18.9%
Total3525284681,47361.1%

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

  1. Hungary (646.0 tons)
  2. Iceland (234.8 tons)
  3. Denmark (37.0 tons)
  4. China (24.4 tons)
  5. Italy (3.2 tons)

Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Spain

In 2022, sodium hexafluoroaluminate (synthetic cryolite) exports from Spain surged to 118 tons, picking up by 59% on 2021 figures. Over the period under review, exports continue to indicate resilient growth. The growth pace was the most rapid in 2020 when exports increased by 1,873% against the previous year. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports soared to $321K in 2022. Overall, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 300% against the previous year. As a result, the exports attained the peak of $609K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India91.717211222635.1%
Sudan27.1N/AN/A39.313.2%
Portugal14.310.325.336.937.2%
Germany4.92.52.710.629.3%
NorwayN/A11.5N/AN/A0%
VenezuelaN/A3880.4N/A-99.9%
Others14.424.812.58.1-17.5%
Total15260915332128.3%

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

  1. India (81.0 tons)
  2. Portugal (17.0 tons)
  3. Sudan (13.5 tons)
  4. Germany (4.0 tons)

Source: IndexBox Market Intelligence Platform

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