Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Kenya - 2021

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

The average sodium hexafluoroaluminate (synthetic cryolite) import price stood at $1,074 per ton in 2022, declining by -6.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 64% against the previous year. As a result, import price attained the peak level of $2,512 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,501 per ton), while the price for China stood at $981 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.3%).

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) export price amounted to $2,167 per ton, falling by -17.6% against the previous year. In general, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 92% against the previous year. The export price peaked at $2,628 per ton in 2021, and then contracted markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Uganda.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +18.5% per year.

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Kenya

In 2022, supplies from abroad of sodium hexafluoroaluminate (synthetic cryolite)s decreased by -2.1% to 8.2 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 167% against the previous year.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports declined to $8.8K in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.7% 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 +93.8% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 77%.

Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1.4	5.8	6.8	6.6	67.7%
India	3.2	2.2	2.3	2.2	-11.7%
Others	N/A	N/A	0.5	N/A	0%
Total	4.5	8.0	9.6	8.8	25.1%

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

China (6.7 tons)
India (1.5 tons)

Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Kenya

In 2022, overseas shipments of sodium hexafluoroaluminate (synthetic cryolite)s were finally on the rise to reach 48 kg after two years of decline. Overall, exports, however, showed a abrupt slump.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports declined to $104 in 2022. The total export value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 20%. As a result, the exports attained the peak of $113, and then contracted in the following year.