Complex Cyanides Price in Argentina - 2023

Contents:

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

Complex Cyanides Price in Argentina (CIF) - 2022

The average complex cyanides import price stood at $203,205 per ton in 2022, picking up by 48% against the previous year. Overall, the import price recorded buoyant growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 1,629% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,714,239 per ton), while the price for Italy ($58,380 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+47.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Complex Cyanides Price in Argentina (FOB) - 2022

The average complex cyanides export price stood at $8,195 per ton in 2022, dropping by -17.2% against the previous year. Overall, the export price showed a noticeable reduction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 194% against the previous year. The export price peaked at $16,998 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($26,824 per ton), while the average price for exports to Bolivia ($5,174 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 Paraguay (+13.2%), while the prices for the other major destinations experienced a decline.

Complex Cyanides Imports in Argentina

In 2022, supplies from abroad of complex cyanideses decreased by -28.6% to 1 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 632% against the previous year. As a result, imports attained the peak of 13 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, complex cyanides imports expanded notably to $209K in 2022. Over the period under review, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 89% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Complex Cyanides in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12467.8119117-1.9%
India9.24.060.559.085.8%
Germany2.00.51.73.014.5%
Spain0.30.81.91.881.7%
Italy1.21.31.31.32.7%
Others6.130.613.627.765.6%
Total14310519820913.5%

Top Suppliers of Complex Cyanides to Argentina in 2022:

  1. China (851.0 kg)
  2. India (34.0 kg)
  3. Germany (32.0 kg)
  4. Italy (22.0 kg)
  5. Spain (22.0 kg)

Complex Cyanides Exports in Argentina

In 2022, approx. 58 kg of complex cyanideses were exported from Argentina; remaining constant against the previous year. In general, exports saw a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 164% against the previous year.

In value terms, complex cyanides exports reduced notably to $478 in 2022. Over the period under review, exports recorded a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 51% against the previous year.

Export of Complex Cyanides in Argentina (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile497298404336-12.2%
Uruguay15026.0137108-10.4%
Paraguay52928.029.019.0-67.0%
Bolivia38.029.04.015.0-26.6%
OthersN/AN/AN/AN/A0%
Total1,214381574478-26.7%

Top Export Markets for Complex Cyanides from Argentina in 2022:

  1. Chile (37.0 kg)
  2. Uruguay (18.0 kg)
  3. Bolivia (3.0 kg)
  4. Paraguay (1.0 kg)

Source: IndexBox Market Intelligence Platform

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