Complex Cyanides Price in Ukraine - 2023

Contents:

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

Complex Cyanides Price in Ukraine (CIF) - 2022

The average complex cyanides import price stood at $3,604 per ton in 2022, picking up by 34% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, complex cyanides import price increased by +70.4% against 2018 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 35%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.0% per year.

Complex Cyanides Price in Ukraine (FOB) - 2022

The average complex cyanides export price stood at $5,778 per ton in 2022, reducing by -25.9% against the previous year. In general, the export price saw a deep slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 5.6% against the previous year. The export price peaked at $10,323 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($5,836 per ton), while the average price for exports to Georgia stood at $1,372 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (-5.5%).

Complex Cyanides Imports in Ukraine

In 2022, imports of complex cyanideses into Ukraine shrank remarkably to 2.7 tons, waning by -96.4% compared with 2021 figures. In general, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 192% against the previous year.

In value terms, complex cyanides imports declined remarkably to $9.6K in 2022. Overall, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 204% against the previous year.

Import of Complex Cyanides in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28862.91997.6-70.2%
Others4.43.63.32.0-23.1%
Total29266.52029.6-68.0%

Top Suppliers of Complex Cyanides to Ukraine in 2022:

  1. China (2.7 tons)

Complex Cyanides Exports in Ukraine

In 2022, approx. 405 kg of complex cyanideses were exported from Ukraine; with an increase of 35% compared with the year before. The total export volume increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, complex cyanides exports amounted to $2.3K in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of less than 0.1%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Complex Cyanides in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Azerbaijan2.32.32.32.30.0%
GeorgiaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.32.32.32.30.0%

Top Export Markets for Complex Cyanides from Ukraine in 2022:

  1. Azerbaijan (391.0 kg)
  2. Georgia (13.0 kg)

Source: IndexBox Market Intelligence Platform

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