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

Contents:

1. Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Germany (FOB) - 2022
2. Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Germany (CIF) - 2023
3. Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Germany
4. Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Germany

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) export price amounted to $1,183 per ton, picking up by 15% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 22% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,471 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($2,209 per ton), while the average price for exports to the Netherlands ($568 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 India (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Germany (CIF) - 2023

The average sodium hexafluoroaluminate (synthetic cryolite) import price stood at $775 per ton in July 2023, dropping by -17.2% against the previous month. In general, the import price showed a slight shrinkage. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 26% m-o-m. As a result, import price attained the peak level of $1,077 per ton. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($3,008 per ton), while the price for Slovakia ($446 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Germany

For the fourth consecutive year, Germany recorded growth in overseas shipments of sodium hexafluoroaluminate (synthetic cryolite)s, which increased by 2.8% to 6.1K tons in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.6% 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 +93.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 71% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports skyrocketed to $7.2M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 34%. The exports peaked in 2022 and are likely to see steady growth in the near future.

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

1. United States (2928.8 tons)
2. France (652.0 tons)
3. Turkey (635.5 tons)
4. Romania (282.8 tons)
5. Italy (208.0 tons)
6. Switzerland (201.8 tons)
7. Brazil (180.2 tons)
8. China (164.0 tons)
9. Poland (134.2 tons)
10. South Korea (119.1 tons)
11. Netherlands (116.4 tons)
12. India (114.2 tons)

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Germany

In 2022, supplies from abroad of sodium hexafluoroaluminate (synthetic cryolite)s decreased by -16.5% to 4.2K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 38%. As a result, imports reached the peak of 5K tons, and then shrank significantly in the following year.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports reduced to $3.9M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of $4.3M, and then contracted in the following year.

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

1. Denmark (2598.0 tons)
2. Hungary (439.3 tons)
3. Netherlands (304.5 tons)
4. Italy (286.9 tons)
5. Romania (278.0 tons)
6. Slovakia (221.5 tons)

Source: IndexBox Market Intelligence Platform