Complex Cyanides Price in Spain - 2023

Contents:

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

Complex Cyanides Price in Spain (CIF) - 2022

In 2022, the average complex cyanides import price amounted to $4,530 per ton, reducing by -6.2% against the previous year. Overall, the import price, however, saw a resilient expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 53% against the previous year. The import price peaked at $4,828 per ton in 2021, and then reduced in the following year.

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 Belgium ($12,227 per ton), while the price for China ($3,392 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Complex Cyanides Price in Spain (FOB) - 2022

The average complex cyanides export price stood at $18,758 per ton in 2022, surging by 36% against the previous year. In general, the export price, however, continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 47%. As a result, the export price attained the peak level of $38,986 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($95,754 per ton), while the average price for exports to the United States ($2,719 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 Honduras (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Complex Cyanides Imports in Spain

In 2022, the amount of complex cyanideses imported into Spain skyrocketed to 143 tons, increasing by 56% against 2021. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 70%. 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 skyrocketed to $649K in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Complex Cyanides in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France99.377.811925036.0%
Netherlands34.642.753.814360.5%
China3.261.866.7116231.0%
Belgium5.231.623.267.7135.2%
Others29.211318173.035.7%
Total17232744464955.7%

Top Suppliers of Complex Cyanides to Spain in 2022:

  1. France (68.8 tons)
  2. China (34.1 tons)
  3. Netherlands (32.6 tons)
  4. Belgium (5.5 tons)

Complex Cyanides Exports in Spain

In 2022, complex cyanides exports from Spain dropped significantly to 6.3 tons, shrinking by -45.8% on the previous year. Over the period under review, exports, however, saw a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 298% against the previous year. As a result, the exports reached the peak of 12 tons, and then contracted markedly in the following year.

In value terms, complex cyanides exports shrank remarkably to $118K in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 120% against the previous year. As a result, the exports attained the peak of $160K, and then declined significantly in the following year.

Export of Complex Cyanides in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium67.745.068.745.4-12.5%
Italy5.14.516.011.631.5%
Portugal1.21.14.75.970.0%
Netherlands0.4N/A7.95.7142.4%
United Kingdom1.6N/A8.94.440.1%
France3.90.416.12.4-14.9%
United StatesN/AN/AN/A1.10%
Germany14.00.43.31.0-58.5%
Others21.221.334.340.223.8%
Total11572.81601180.9%

Top Export Markets for Complex Cyanides from Spain in 2022:

  1. Italy (1672.0 kg)
  2. Netherlands (1473.0 kg)
  3. Belgium (933.0 kg)
  4. United States (403.0 kg)
  5. Portugal (374.0 kg)
  6. United Kingdom (344.0 kg)
  7. France (318.0 kg)
  8. Germany (103.0 kg)

Source: IndexBox Market Intelligence Platform

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