Complex Cyanides Price in Canada - 2023

Contents:

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

Complex Cyanides Price in Canada (CIF) - 2022

The average complex cyanides import price stood at $906 per ton in 2022, growing by 7.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 58%. Over the period under review, average import prices attained the maximum at $1,203 per ton in 2014; however, from 2015 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 China ($2,160 per ton), while the price for the United States ($48 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers experienced a decline.

Complex Cyanides Price in Canada (FOB) - 2022

In 2022, the average complex cyanides export price amounted to $1,178 per ton, picking up by 26% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 126%. As a result, the export price attained the peak level of $2,067 per ton. From 2017 to 2022, the average 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 the United States ($4,261 per ton), while the average price for exports to Saudi Arabia ($886 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 the United States (+13.1%).

Complex Cyanides Imports in Canada

In 2022, overseas purchases of complex cyanideses increased by 58% to 1.9K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep slump.

In value terms, complex cyanides imports soared to $1.7M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Complex Cyanides to Canada in 2022:

1. China (588.8 tons)
2. United States (498.2 tons)
3. Germany (459.5 tons)
4. Mexico (216.2 tons)
5. India (87.3 tons)
6. Switzerland (24.3 tons)
7. United Kingdom (11.3 tons)

Complex Cyanides Exports in Canada

Complex cyanides exports from Canada skyrocketed to 39 tons in 2022, growing by 7,385% against the previous year's figure. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, complex cyanides exports surged to $46K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Complex Cyanides from Canada in 2022:

1. Botswana (26.4 tons)
2. Saudi Arabia (9.2 tons)
3. United States (3.3 tons)

Source: IndexBox Market Intelligence Platform