Complex Cyanides Price in Ethiopia - 2022

Contents:

  1. Complex Cyanides Price in Ethiopia (CIF) - 2022
  2. Complex Cyanides Imports in Ethiopia

Complex Cyanides Price in Ethiopia (CIF) - 2022

The average complex cyanides import price stood at $6,857 per ton in 2022, declining by -45.6% against the previous year. Over the period under review, the import price faced a deep reduction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 107% against the previous year. The import price peaked at $44,057 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +31.5% per year.

Complex Cyanides Imports in Ethiopia

In 2022, the amount of complex cyanideses imported into Ethiopia soared to 7 kg, rising by 40% against the year before. In general, imports, however, continue to indicate a abrupt contraction.

In value terms, complex cyanides imports shrank significantly to $48 in 2022. Overall, imports, however, continue to indicate a sharp slump. The growth pace was the most rapid in 2020 with an increase of 189% against the previous year. As a result, imports reached the peak of $295. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Complex Cyanides in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India41.076.02.048.05.4%
Germany7.027.07.0N/A0.0%
China4.016.04.0N/A0.0%
United Kingdom23.091.025.0N/A4.3%
Japan20.085.025.0N/A11.8%
South Africa7.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total10229563.048.0-22.2%

Top Suppliers of Complex Cyanides to Ethiopia in 2022:

  1. India (7.0 kg)

Source: IndexBox Market Intelligence Platform

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