Complex Cyanides Price in Germany - 2023

Contents:

  1. Complex Cyanides Price in Germany (CIF) - 2022
  2. Complex Cyanides Price in Germany (FOB) - 2023
  3. Complex Cyanides Imports in Germany
  4. Complex Cyanides Exports in Germany

Complex Cyanides Price in Germany (CIF) - 2022

In 2022, the average complex cyanides import price amounted to $4,263 per ton, rising by 45% against the previous year. Over the period under review, the import price continues to indicate a perceptible increase. The pace of growth appeared the most rapid in 2017 an increase of 87%. As a result, import price attained the peak level of $6,665 per ton. From 2018 to 2022, the average import prices remained 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 Belgium ($15,173 per ton), while the price for the Netherlands ($3,280 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Complex Cyanides Price in Germany (FOB) - 2023

The average complex cyanides export price stood at $6,139 per ton in August 2023, reducing by -42.7% against the previous month. Overall, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in November 2022 an increase of 976% against the previous month. As a result, the export price attained the peak level of $63,953 per ton. From December 2022 to August 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was France ($190K per ton), while the average price for exports to Belgium ($2,990 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+13.3%), while the prices for the other major destinations experienced mixed trend patterns.

Complex Cyanides Imports in Germany

In 2022, the amount of complex cyanideses imported into Germany rose markedly to 1.3K tons, growing by 8.1% on the previous year. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 57%.

In value terms, complex cyanides imports skyrocketed to $5.7M in 2022. In general, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +2.3% 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 +72.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Complex Cyanides in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4,0302,2452,6694,3182.3%
Belgium67.3328261719120.2%
United States10027930428241.3%
Netherlands12.077.9170240171.4%
United Kingdom6689.01.63.1-83.3%
Others437356223131-33.1%
Total5,3143,2953,6295,6932.3%

Top Suppliers of Complex Cyanides to Germany in 2022:

  1. China (1158.0 tons)
  2. Netherlands (73.0 tons)
  3. United States (47.4 tons)
  4. Belgium (47.4 tons)
  5. United Kingdom (0.9 tons)

Complex Cyanides Exports in Germany

In 2022, exports of complex cyanideses from Germany soared to 132 tons, growing by 165% compared with the year before. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, complex cyanides exports soared to $5.1M in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Complex Cyanides in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9531,1411,3211,75022.5%
Belgium22.862.264.91,043257.6%
United Kingdom64.086.757.3549104.7%
Switzerland66.729.438.339080.2%
South Korea326168235270-6.1%
France41.227.844.821673.7%
Italy97.171.220917321.2%
United States25371316195.8-27.7%
Poland38.023.039.473.424.5%
Austria17.518.124.330.219.9%
Czech Republic5.15.08.39.322.2%
Others4863975855343.2%
Total2,3712,7422,7875,13429.4%

Top Export Markets for Complex Cyanides from Germany in 2022:

  1. Belgium (35.9 tons)
  2. United Kingdom (32.2 tons)
  3. China (28.8 tons)
  4. Switzerland (6.3 tons)
  5. Italy (4.0 tons)
  6. Poland (3.6 tons)
  7. South Korea (2.7 tons)
  8. Czech Republic (2.6 tons)
  9. France (2.5 tons)
  10. Austria (1.4 tons)
  11. United States (0.5 tons)

Source: IndexBox Market Intelligence Platform

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