Complex Cyanides Price in Tanzania - 2022

Contents:

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

Complex Cyanides Price in Tanzania (CIF) - 2022

In 2022, the average complex cyanides import price amounted to $3,788 per ton, surging by 108% against the previous year. Overall, the import price, however, saw a mild decrease. The pace of growth appeared the most rapid in 2015 when the average import price increased by 110% against the previous year. As a result, import price reached the peak level of $5,395 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Germany ($29,000 per ton), while the price for Belgium ($300 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Complex Cyanides Price in Tanzania (FOB) - 2022

In 2022, the average complex cyanides export price amounted to $2,077 per ton, remaining stable against the previous year. Overall, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 66%. As a result, the export price attained the peak level of $6,075 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Zambia amounted to -5.4% per year.

Complex Cyanides Imports in Tanzania

After three years of growth, purchases abroad of complex cyanideses decreased by -94.8% to 302 kg in 2022. Over the period under review, imports saw a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 334% against the previous year.

In value terms, complex cyanides imports fell dramatically to $1.1K in 2022. In general, imports saw a noticeable setback. The pace of growth was the most pronounced in 2021 when imports increased by 263% against the previous year. As a result, imports attained the peak of $11K, and then fell sharply in the following year.

Import of Complex Cyanides in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa0.30.42.10.518.6%
Germany0.30.31.30.30.0%
India0.62.26.50.2-30.7%
BelgiumN/AN/AN/AN/A0%
Others0.10.10.60.10.0%
Total1.32.910.51.1-5.4%

Top Suppliers of Complex Cyanides to Tanzania in 2022:

  1. India (193.0 kg)
  2. South Africa (78.0 kg)
  3. Belgium (20.0 kg)
  4. Germany (9.0 kg)

Complex Cyanides Exports in Tanzania

In 2022, the amount of complex cyanideses exported from Tanzania stood at 2.9 tons, standing approx. at the previous year. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 408%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, complex cyanides exports stood at $6K in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 240%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Complex Cyanides in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zambia1.13.96.06.076.0%
OthersN/AN/AN/AN/A0%
Total1.13.96.06.076.0%

Top Export Markets for Complex Cyanides from Tanzania in 2022:

  1. Zambia (2.9 tons)

Source: IndexBox Market Intelligence Platform

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