Complex Cyanides Price in Portugal - 2023

Contents:

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

Complex Cyanides Price in Portugal (CIF) - 2022

The average complex cyanides import price stood at $13,995 per ton in 2022, growing by 39% against the previous year. Over the period under review, the import price recorded strong growth. The most prominent rate of growth was recorded in 2017 an increase of 171% against the previous year. The import price peaked at $23,549 per ton in 2020; however, from 2021 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 France ($75,308 per ton), while the price for Spain ($7,022 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+47.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Complex Cyanides Price in Portugal (FOB) - 2022

In 2022, the average complex cyanides export price amounted to $40,416 per ton, surging by 23% against the previous year. Over the period under review, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 270%. The export price peaked at $42,772 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for Angola amounted to +9.1% per year.

Complex Cyanides Imports in Portugal

Complex cyanides imports into Portugal shrank significantly to 799 kg in 2022, with a decrease of -34.9% against 2021 figures. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 281% against the previous year. As a result, imports reached the peak of 1.2 tons, and then declined sharply in the following year.

In value terms, complex cyanides imports reduced to $11K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 64% against the previous year. As a result, imports reached the peak of $12K, and then declined in the following year.

Import of Complex Cyanides in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2.11.24.84.428.0%
Netherlands1.52.10.72.213.6%
Belgium0.91.11.21.723.6%
Germany2.01.44.11.4-11.2%
France0.51.41.60.921.6%
Italy0.70.4N/A0.6-5.0%
OthersN/AN/AN/AN/A0%
Total7.77.612.411.213.3%

Top Suppliers of Complex Cyanides to Portugal in 2022:

  1. Spain (626.0 kg)
  2. Netherlands (49.0 kg)
  3. Italy (49.0 kg)
  4. Germany (34.0 kg)
  5. Belgium (29.0 kg)
  6. France (13.0 kg)

Complex Cyanides Exports in Portugal

In 2022, exports of complex cyanideses from Portugal surged to 243 kg, jumping by 20% on 2021. Overall, exports, however, showed a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 121%.

In value terms, complex cyanides exports soared to $9.8K in 2022. In general, exports, however, faced a sharp setback. The growth pace was the most rapid in 2021 with an increase of 69%.

Export of Complex Cyanides in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/A3.96.69.858.5%
Philippines19.9N/AN/AN/A0%
Others0.1N/A0.1N/A0.0%
Total20.03.96.79.8-21.2%

Top Export Markets for Complex Cyanides from Portugal in 2022:

  1. Spain (243.0 kg)

Source: IndexBox Market Intelligence Platform

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