Alkali Metals; Sodium Price in Australia - 2023

Contents:

  1. Alkali Metals; Sodium Price in Australia (FOB) - 2022
  2. Alkali Metals; Sodium Price in Australia (CIF) - 2022
  3. Alkali Metals; Sodium Exports in Australia
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand2.95.02.02.0-11.6%
United States0.60.81.40.2-30.7%
Papua New GuineaN/AN/AN/AN/A0%
NetherlandsN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.65.83.42.2-15.1%

Top Export Markets for Alkali Metals; Sodium from Australia in 2022:

  1. New Zealand (31.4 tons)
  2. United States (16.0 tons)
  3. 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)
COUNTRY2019202020212022CAGR,
2019-2022
United States38.785.667.320.6-19.0%
BulgariaN/AN/AN/A4.00%
India1.37.31.00.9-11.5%
HungaryN/AN/A1.0N/A0%
Others11.38.8N/AN/A-22.1%
Total51.310269.325.5-20.8%

Top Suppliers of Alkali Metals; Sodium to Australia in 2022:

  1. United States (749.0 kg)
  2. India (68.0 kg)
  3. Bulgaria (33.0 kg)

Source: IndexBox Market Intelligence Platform

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