Complex Cyanides Price in Singapore - 2022

Contents:

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

Complex Cyanides Price in Singapore (CIF) - 2022

In 2022, the average complex cyanides import price amounted to $16,051 per ton, jumping by 32% against the previous year. Over the period under review, the import price, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2014 an increase of 166%. The import price peaked at $55,142 per ton in 2012; however, from 2013 to 2022, 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 the United States ($149,271 per ton), while the price for China ($8,110 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Complex Cyanides Price in Singapore (FOB) - 2022

The average complex cyanides export price stood at $19,822 per ton in 2022, shrinking by -29.3% against the previous year. Overall, the export price showed a sharp setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 41%. The export price peaked at $480,214 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($45,326 per ton), while the average price for exports to the Philippines ($8,693 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-3.0%), while the prices for the other major destinations experienced a decline.

Complex Cyanides Imports in Singapore

In 2022, the amount of complex cyanideses imported into Singapore skyrocketed to 27 tons, growing by 42% on the previous year's figure. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,798% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, complex cyanides imports surged to $433K in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 844% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Complex Cyanides in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.24.628.8172188.0%
United Kingdom0.63.819.5116478.2%
Taiwan (Chinese)N/A228159N/A-30.3%
Others19.218.224.114596.2%
Total27.0255231433152.2%

Top Suppliers of Complex Cyanides to Singapore in 2022:

  1. China (21.2 tons)
  2. United Kingdom (5.0 tons)

Complex Cyanides Exports in Singapore

In 2022, complex cyanides exports from Singapore skyrocketed to 1.3 tons, picking up by 88% on 2021. Over the period under review, exports, however, faced a abrupt contraction.

In value terms, complex cyanides exports surged to $26K in 2022. In general, exports, however, continue to indicate a sharp shrinkage.

Export of Complex Cyanides in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia46.76.811.214.9-31.7%
Indonesia23.54.73.05.0-40.3%
Thailand5.06.32.53.4-12.1%
Vietnam0.81.40.91.214.5%
Philippines0.41.00.70.931.0%
Others7.25.61.71.1-46.5%
Total83.625.819.926.5-31.8%

Top Export Markets for Complex Cyanides from Singapore in 2022:

  1. Malaysia (647.0 kg)
  2. Indonesia (454.0 kg)
  3. Philippines (103.0 kg)
  4. Thailand (74.0 kg)
  5. Vietnam (49.0 kg)

Source: IndexBox Market Intelligence Platform

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