Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Malaysia - 2022
Contents:
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Malaysia (CIF) - 2021
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Malaysia (FOB) - 2022
- Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Malaysia
- Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Malaysia
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Malaysia (CIF) - 2021
In December 2021, the average sodium hexafluoroaluminate (synthetic cryolite) import price amounted to $940 per ton, rising by 96% against the previous month. Overall, the import price enjoyed a mild increase. The pace of growth was the most pronounced in August 2021 when the average import price increased by 249% against the previous month. As a result, import price reached the peak level of $2,601 per ton. From September 2021 to December 2021, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2020 to December 2021, the rate of growth in terms of prices for China amounted to +1.8% per month.
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Malaysia (FOB) - 2022
In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) export price amounted to $585 per ton, reducing by -20.3% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 8.4%. Over the period under review, the average export prices hit record highs at $1,279 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -4.5% per year.
Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Malaysia
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 -36% to 11K tons. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 278%. As a result, imports attained the peak of 17K tons, and then contracted rapidly in the following year.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports fell remarkably to $6.2M in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 300%. As a result, imports attained the peak of $9.9M, and then declined significantly in the following year.
| Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.5 | 1.8 | 8.8 | 5.5 | 54.2% |
| India | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| South Africa | N/A | N/A | N/A | N/A | 0% |
| Australia | 0.1 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.6 | 1.1 | 0.6 | 6.3% |
| Total | 2.1 | 2.5 | 9.9 | 6.2 | 43.5% |
Top Suppliers of Sodium Hexafluoroaluminate (Synthetic Cryolite) to Malaysia in 2022:
- China (9.4K tons)
- Australia (0.3K tons)
- South Africa (0.3K tons)
- India (0.2K tons)
Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Malaysia
In 2022, sodium hexafluoroaluminate (synthetic cryolite) exports from Malaysia fell rapidly to 11 tons, which is down by -15.2% compared with the previous year's figure. In general, exports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2021 when exports increased by 200% against the previous year. As a result, the exports reached the peak of 13 tons, and then contracted sharply in the following year.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports dropped significantly to $6.5K in 2022. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 185%. As a result, the exports attained the peak of $9.6K, and then reduced dramatically in the following year.
| Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 8.6 | 3.4 | 6.0 | 6.5 | -8.9% |
| India | N/A | N/A | 3.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.6 | 3.4 | 9.6 | 6.5 | -8.9% |
Top Export Markets for Sodium Hexafluoroaluminate (Synthetic Cryolite) from Malaysia in 2022:
- Singapore (11.1 tons)
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