Alkali Metals; Sodium Price in Australia - 2023
Contents:
- Alkali Metals; Sodium Price in Australia (FOB) - 2022
- Alkali Metals; Sodium Price in Australia (CIF) - 2022
- Alkali Metals; Sodium Exports in Australia
- Alkali Metals; Sodium Imports in Australia
Alkali Metals; Sodium Price in Australia (FOB) - 2022
The average alkali metals; sodium export price stood at $40,132 per ton in 2022, rising by 15% against the previous year. In general, the export price enjoyed a significant expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 1,256%. As a result, the export price attained the peak level of $61,607 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($62,913 per ton), while the average price for exports to Papua New Guinea ($1,821 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 New Caledonia (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.
Alkali Metals; Sodium Price in Australia (CIF) - 2022
The average alkali metals; sodium import price stood at $29,989 per ton in 2022, surging by 29% against the previous year. Overall, the import price posted a significant increase. The pace of growth appeared the most rapid in 2014 an increase of 293%. The import price peaked at $34,138 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($121,173 per ton), while the price for India ($13,050 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Alkali Metals; Sodium Exports in Australia
In 2022, overseas shipments of alkali metals; sodia decreased by -43.7% to 55 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a sharp contraction. The growth pace was the most rapid in 2020 when exports increased by 52% against the previous year. As a result, the exports attained the peak of 164 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, alkali metals; sodium exports dropped rapidly to $2.2M in 2022. Overall, exports faced a deep slump. The growth pace was the most rapid in 2020 when exports increased by 64% against the previous year. As a result, the exports reached the peak of $5.8M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Alkali Metals; Sodium in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 2.9 | 5.0 | 2.0 | 2.0 | -11.6% |
United States | 0.6 | 0.8 | 1.4 | 0.2 | -30.7% |
Papua New Guinea | N/A | N/A | N/A | N/A | 0% |
Netherlands | N/A | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.6 | 5.8 | 3.4 | 2.2 | -15.1% |
Top Export Markets for Alkali Metals; Sodium from Australia in 2022:
- New Zealand (31.4 tons)
- United States (16.0 tons)
- Papua New Guinea (8.0 tons)
Alkali Metals; Sodium Imports in Australia
After three years of growth, purchases abroad of alkali metals; sodia decreased by -71.6% to 851 kg in 2022. In general, imports faced a precipitous shrinkage. The growth pace was the most rapid in 2020 when imports increased by 29% against the previous year.
In value terms, alkali metals; sodium imports dropped dramatically to $26K in 2022. Overall, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2020 when imports increased by 98%. As a result, imports attained the peak of $102K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Alkali Metals; Sodium in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 38.7 | 85.6 | 67.3 | 20.6 | -19.0% |
Bulgaria | N/A | N/A | N/A | 4.0 | 0% |
India | 1.3 | 7.3 | 1.0 | 0.9 | -11.5% |
Hungary | N/A | N/A | 1.0 | N/A | 0% |
Others | 11.3 | 8.8 | N/A | N/A | -22.1% |
Total | 51.3 | 102 | 69.3 | 25.5 | -20.8% |
Top Suppliers of Alkali Metals; Sodium to Australia in 2022:
- United States (749.0 kg)
- India (68.0 kg)
- Bulgaria (33.0 kg)
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