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

Contents:

  1. Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Venezuela (CIF) - 2022
  2. Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Venezuela

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) import price amounted to $783 per ton, almost unchanged from the previous year. In general, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2019 when the average import price increased by 32%. Over the period under review, average import prices attained the maximum at $1,469 per ton in 2012; however, from 2013 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 Italy ($3,001 per ton), while the price for Spain ($318 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Venezuela

In 2022, after three years of growth, there was significant decline in supplies from abroad of sodium hexafluoroaluminate (synthetic cryolite)s, when their volume decreased by -15.1% to 1.2K tons. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 105% against the previous year.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports fell significantly to $902K in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 117% against the previous year.

Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10421625923531.2%
Canada56.113318019451.2%
Italy71.813013611316.3%
Spain58.310511494.517.5%
Belgium22.337.433.145.827.1%
NorwayN/AN/A131N/A0%
Others22.9107222220112.6%
Total3367291,07590239.0%

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

  1. Canada (341.6 tons)
  2. Spain (297.1 tons)
  3. China (195.8 tons)
  4. Belgium (42.9 tons)
  5. Italy (37.5 tons)

Source: IndexBox Market Intelligence Platform

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