Complex Cyanides Price in Kazakhstan - 2021

Complex Cyanides Price in Kazakhstan (CIF) - 2022

The average complex cyanides import price stood at $4,218 per ton in 2022, which is down by -7.8% against the previous year. Overall, the import price saw a pronounced slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 30%. As a result, import price reached the peak level of $8,529 per ton. From 2020 to 2022, the average import prices remained at a 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 China ($10,718 per ton), while the price for Germany ($2,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Complex Cyanides Price in Kazakhstan (FOB) - 2022

The average complex cyanides export price stood at $3,357 per ton in 2022, falling by -4.1% against the previous year. In general, the export price recorded a drastic downturn. Over the period under review, the average export prices reached the peak figure at $7,000 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -7.1% per year.

Complex Cyanides Imports in Kazakhstan

In 2022, purchases abroad of complex cyanideses decreased by -5.5% to 6.5 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 318% against the previous year. As a result, imports attained the peak of 6.9 tons, and then fell in the following year.

In value terms, complex cyanides imports shrank to $28K in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 186% against the previous year. As a result, imports reached the peak of $32K, and then dropped in the following year.

Import of Complex Cyanides in Kazakhstan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	6.5	9.0	28.9	25.6	57.9%
China	0.1	0.3	0.3	1.2	128.9%
Others	1.9	1.8	2.5	0.7	-28.3%
Total	8.5	11.1	31.6	27.5	47.9%

Top Suppliers of Complex Cyanides to Kazakhstan in 2022:

Russia (6.4 tons)
China (0.1 tons)

Complex Cyanides Exports in Kazakhstan

For the fourth consecutive year, Kazakhstan recorded growth in overseas shipments of complex cyanideses, which increased by 1,300% to 28 kg in 2022. In general, 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 skyrocketed to $94 in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.