Complex Cyanides Price in Peru - 2021

Contents:

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

Complex Cyanides Price in Peru (CIF) - 2022

In 2022, the average complex cyanides import price amounted to $40,057 per ton, dropping by -36.1% against the previous year. Overall, the import price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 581%. Over the period under review, average import prices hit record highs at $109,462 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($62,490 per ton), while the price for China ($42,761 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.2%), while the prices for the other major suppliers experienced a decline.

Complex Cyanides Price in Peru (FOB) - 2022

In 2022, the average complex cyanides export price amounted to $1,187 per ton, which is down by -25.9% against the previous year. Overall, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2017 an increase of 99.9% against the previous year. Over the period under review, the average export prices reached the maximum at $3,615 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($2,962 per ton), while the average price for exports to Bolivia totaled $1,059 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (-3.8%).

Complex Cyanides Imports in Peru

In 2022, imports of complex cyanideses into Peru surged to 5.1 tons, picking up by 45% against 2021 figures. Overall, imports recorded noticeable growth. The growth pace was the most rapid in 2021 when imports increased by 85%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, complex cyanides imports declined to $206K in 2022. Over the period under review, imports, however, faced a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 18%.

Import of Complex Cyanides in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China387172201185-21.8%
Germany8.72.16.95.9-12.1%
India3.63.01.94.79.3%
Others8.612.413.810.25.9%
Total408189223206-20.4%

Top Suppliers of Complex Cyanides to Peru in 2022:

  1. China (4.3 tons)
  2. Germany (0.1 tons)
  3. India (0.1 tons)

Complex Cyanides Exports in Peru

In 2022, overseas shipments of complex cyanideses decreased by -0.8% to 11 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 302%.

In value terms, complex cyanides exports contracted remarkably to $13K in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 113%. As a result, the exports attained the peak of $18K, and then fell significantly in the following year.

Export of Complex Cyanides in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia3.06.512.711.054.2%
Ecuador1.12.01.42.226.0%
Others0.1N/A4.0N/A532.5%
Total4.18.418.013.247.7%

Top Export Markets for Complex Cyanides from Peru in 2022:

  1. Bolivia (10.4 tons)
  2. Ecuador (0.8 tons)

Source: IndexBox Market Intelligence Platform

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