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

Contents:

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

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

The average sodium hexafluoroaluminate (synthetic cryolite) import price stood at $725 per ton in July 2023, shrinking by -22.4% against the previous month. Over the period under review, the import price saw a noticeable setback. The most prominent rate of growth was recorded in December 2022 an increase of 187% month-to-month. As a result, import price reached the peak level of $1,796 per ton. From January 2023 to July 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($2,504 per ton), while the price for Norway ($360 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 (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average sodium hexafluoroaluminate (synthetic cryolite) export price amounted to $591 per ton, falling by -31.6% against the previous year. Over the period under review, the export price recorded a abrupt descent. The growth pace was the most rapid in 2015 an increase of 28%. The export price peaked at $1,961 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($1,168 per ton), while the average price for exports to Tajikistan ($529 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 Tajikistan (-8.4%), while the prices for the other major destinations experienced a decline.

Imports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Turkey

In 2022, supplies from abroad of sodium hexafluoroaluminate (synthetic cryolite)s decreased by -24.5% to 7.1K tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.8% 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 decreased by -32.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 80%. As a result, imports reached the peak of 10K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) imports declined notably to $4.9M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 61% against the previous year.

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

1. Australia (1954.7 tons)
2. China (1239.8 tons)
3. Germany (818.9 tons)
4. Mozambique (488.0 tons)
5. Romania (450.6 tons)
6. Canada (424.2 tons)
7. Italy (370.2 tons)
8. Bahrain (356.6 tons)
9. France (309.2 tons)
10. Denmark (198.2 tons)
11. Norway (147.9 tons)
12. Slovakia (100.4 tons)

Exports of Sodium Hexafluoroaluminate (Synthetic Cryolite) in Turkey

In 2022, the amount of sodium hexafluoroaluminate (synthetic cryolite)s exported from Turkey skyrocketed to 403 tons, with an increase of 519% on the previous year. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sodium hexafluoroaluminate (synthetic cryolite) exports skyrocketed to $238K in 2022. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Tajikistan (346.7 tons)
2. Italy (29.7 tons)
3. Romania (17.9 tons)

Source: IndexBox Market Intelligence Platform