Complex Cyanides Price in New Zealand - 2023

Contents:

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

Complex Cyanides Price in New Zealand (CIF) - 2022

In 2022, the average complex cyanides import price amounted to $17,282 per ton, waning by -74% against the previous year. Overall, the import price, however, saw a resilient expansion. The growth pace was the most rapid in 2021 when the average import price increased by 254% against the previous year. As a result, import price attained the peak level of $66,536 per ton, and then reduced remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($137,338 per ton), while the price for India ($13,202 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Complex Cyanides Price in New Zealand (FOB) - 2022

In 2022, the average complex cyanides export price amounted to $3,122 per ton, with an increase of 53% against the previous year. In general, the export price, however, saw a sharp contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 69%. As a result, the export price reached the peak level of $67,250 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Fiji amounted to -22.5% per year.

Complex Cyanides Imports in New Zealand

Complex cyanides imports into New Zealand soared to 2.8 tons in 2022, surging by 1,189% on 2021. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, complex cyanides imports surged to $49K in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Complex Cyanides in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.716.60.734.7110.9%
Germany2.23.63.04.930.6%
Australia3.01.11.24.211.9%
India0.81.42.72.137.9%
Others6.04.16.92.7-23.4%
Total15.726.814.548.645.7%

Top Suppliers of Complex Cyanides to New Zealand in 2022:

  1. China (2440.0 kg)
  2. India (161.0 kg)
  3. Australia (137.0 kg)
  4. Germany (35.0 kg)

Complex Cyanides Exports in New Zealand

For the fourth consecutive year, New Zealand recorded growth in shipments abroad of complex cyanideses, which increased by 1,947% to 880 kg in 2022. Overall, exports enjoyed 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 $2.7K in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Complex Cyanides in New Zealand (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Fiji5.093.088.02,747719.0%
New Caledonia89.0N/AN/AN/A0%
Others4.0N/AN/AN/A0%
Total98.093.088.02,747203.8%

Top Export Markets for Complex Cyanides from New Zealand in 2022:

  1. Fiji (880.0 kg)

Source: IndexBox Market Intelligence Platform

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