Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Japan - 2023
Contents:
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Japan (CIF) - 2022
- Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Japan (FOB) - 2022
- Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Japan
- Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Japan
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Japan (CIF) - 2022
In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) import price amounted to $1,309 per ton, growing by 13% against the previous year. In general, the import price, however, saw a slight slump. The import price peaked at $1,503 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($1,705 per ton), while the price for China amounted to $1,273 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+1.0%).
Price for Sodium Hexafluoroaluminate (Synthetic Cryolite) in Japan (FOB) - 2022
The average sodium hexafluoroaluminate (synthetic cryolite) export price stood at $1,525 per ton in 2022, rising by 17% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2014 an increase of 28% against the previous year. As a result, the export price attained the peak level of $1,754 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($2,996 per ton), while the average price for exports to South Korea ($1,421 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 Germany (+44.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Japan
In 2022, approx. 1.5K tons of sodium hexafluoroaluminate (synthetic cryolite)s were imported into Japan; falling by -10.7% against the previous year's figure. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. As a result, imports attained the peak of 1.7K tons, and then dropped in the following year.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports stood at $2M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,424 | 1,283 | 1,733 | 1,749 | 7.1% |
| Hungary | 192 | 112 | 211 | 213 | 3.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,615 | 1,395 | 1,944 | 1,962 | 6.7% |
Top Suppliers of Sodium Hexafluoroaluminate (Synthetic Cryolite) to Japan in 2022:
- China (1374.0 tons)
- Hungary (125.0 tons)
Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Japan
In 2022, the amount of sodium hexafluoroaluminate (synthetic cryolite)s exported from Japan dropped remarkably to 360 tons, which is down by -31.9% on the previous year's figure. In general, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 20%. As a result, the exports reached the peak of 528 tons, and then fell dramatically in the following year.
In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports declined remarkably to $548K in 2022. Overall, exports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 25%. As a result, the exports attained the peak of $686K, and then shrank rapidly in the following year.
| Export of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 479 | 508 | 504 | 411 | -5.0% |
| Thailand | 75.2 | 30.7 | 89.6 | 73.1 | -0.9% |
| China | 5.8 | 1.9 | 65.9 | 53.8 | 110.1% |
| Others | 32.1 | 10.3 | 27.3 | 10.3 | -31.5% |
| Total | 592 | 551 | 686 | 548 | -2.5% |
Top Export Markets for Sodium Hexafluoroaluminate (Synthetic Cryolite) from Japan in 2022:
- South Korea (289.3 tons)
- Thailand (37.1 tons)
- China (29.8 tons)
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