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

Contents:

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

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) import price amounted to $1,249 per ton, with an increase of 3.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2013 an increase of 31%. The import price peaked at $1,415 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Spain ($5,370 per ton), while the price for India ($902 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average sodium hexafluoroaluminate (synthetic cryolite) export price stood at $764 per ton in 2022, declining by -88% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2020 an increase of 317% against the previous year. The export price peaked at $6,374 per ton in 2021, and then reduced rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($140,790 per ton), while the average price for exports to Romania amounted to $694 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+63.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Sweden

Sodium hexafluoroaluminate (synthetic cryolite) imports into Sweden expanded remarkably to 400 tons in 2022, picking up by 6% on the previous year. Over the period under review, imports showed a modest increase. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports rose markedly to $499K in 2022. Overall, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +3.8% 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 +54.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark23.1N/A339194103.3%
United Kingdom247252N/A174-11.0%
Hungary75.455.210862.0-6.3%
India14.9N/AN/A13.6-3.0%
Others85.715.69.955.2-13.6%
Total4463224564993.8%

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

  1. Denmark (174.5 tons)
  2. United Kingdom (162.8 tons)
  3. Hungary (27.8 tons)
  4. India (15.1 tons)

Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Sweden

In 2022, shipments abroad of sodium hexafluoroaluminate (synthetic cryolite)s increased by 722% to 9.1 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a sharp downturn.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports reduced to $6.9K in 2022. Over the period under review, exports, however, continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 2.9%.

Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania95.9N/AN/A6.3-59.7%
Czech RepublicN/A5.35.30.5-69.3%
Others2.51.51.70.1-65.8%
Total98.46.87.06.9-58.8%

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

  1. Czech Republic (undefined tons)
  2. Romania (9.0 tons)

Source: IndexBox Market Intelligence Platform

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