Price for Cyanides and Cyanide Oxides; of Sodium in Bangladesh - 2022

Contents:

  1. Price for Cyanides and Cyanide Oxides; of Sodium in Bangladesh (CIF) - 2022
  2. Imports of Cyanides and Cyanide Oxides; of Sodium in Bangladesh

Price for Cyanides and Cyanide Oxides; of Sodium in Bangladesh (CIF) - 2022

In 2022, the average import price for cyanides and cyanide oxides; of sodia amounted to $2,337 per ton, rising by 6.1% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 79% against the previous year. As a result, import price reached the peak level of $3,384 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($8,839 per ton), while the price for China ($901 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cyanides and Cyanide Oxides; of Sodium in Bangladesh

In 2022, the amount of cyanides and cyanide oxides; of sodia imported into Bangladesh expanded significantly to 109 tons, surging by 6.8% against 2021 figures. Over the period under review, imports, however, continue to indicate a mild curtailment. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year. As a result, imports reached the peak of 128 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cyanides and cyanide oxides; of sodia rose remarkably to $255K in 2022. Overall, imports, however, saw a relatively flat trend pattern.

Import of Cyanides and Cyanide Oxides; of Sodium in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)1661781661721.2%
China76.894.853.376.3-0.2%
India17.312.06.47.1-25.7%
OthersN/AN/AN/AN/A0%
Total260285225255-0.6%

Top Suppliers of Cyanides and Cyanide Oxides; of Sodium to Bangladesh in 2022:

  1. China (84.8 tons)
  2. Taiwan (Chinese) (19.4 tons)
  3. India (5.0 tons)

Source: IndexBox Market Intelligence Platform

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