Complex Cyanides Price in South Africa - 2023

Contents:

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

Complex Cyanides Price in South Africa (CIF) - 2022

In 2022, the average complex cyanides import price amounted to $2,318 per ton, dropping by -53.7% against the previous year. In general, the import price, however, saw a temperate expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 158% against the previous year. Over the period under review, average import prices attained the peak figure at $9,727 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($5,982 per ton), while the price for China stood at $1,776 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.4%).

Complex Cyanides Price in South Africa (FOB) - 2022

The average complex cyanides export price stood at $3,323 per ton in 2022, waning by -88.9% against the previous year. In general, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2021 when the average export price increased by 193% against the previous year. The export price peaked at $47,573 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($12,414 per ton), while the average price for exports to Zimbabwe ($2,792 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 Tanzania (+4.8%), while the prices for the other major destinations experienced a decline.

Complex Cyanides Imports in South Africa

In 2022, approx. 22 tons of complex cyanideses were imported into South Africa; picking up by 311% compared with the previous year. Overall, imports enjoyed 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 $51K in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Complex Cyanides in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.23.215.137.4107.3%
Netherlands6.012.12.63.0-20.6%
Others5.111.38.910.226.0%
Total15.426.626.550.648.7%

Top Suppliers of Complex Cyanides to South Africa in 2022:

  1. China (21.0 tons)
  2. Netherlands (0.5 tons)

Complex Cyanides Exports in South Africa

Complex cyanides exports from South Africa skyrocketed to 11 tons in 2022, growing by 1,756% against the previous year. In general, exports recorded 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 skyrocketed to $36K in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 535%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Complex Cyanides in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ZimbabweN/AN/A0.227.913850.0%
Democratic Republic of the Congo12.72.52.45.0-26.7%
Others1.40.314.83.028.9%
Total14.12.717.435.936.6%

Top Export Markets for Complex Cyanides from South Africa in 2022:

  1. Zimbabwe (10.0 tons)
  2. Democratic Republic of the Congo (0.6 tons)

Source: IndexBox Market Intelligence Platform

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