Price for Cyanides and Cyanide Oxides; of Sodium in Canada - 2023
Contents:
- Price for Cyanides and Cyanide Oxides; of Sodium in Canada (CIF) - 2023
- Price for Cyanides and Cyanide Oxides; of Sodium in Canada (FOB) - 2022
- Imports of Cyanides and Cyanide Oxides; of Sodium in Canada
- Exports of Cyanides and Cyanide Oxides; of Sodium in Canada
Price for Cyanides and Cyanide Oxides; of Sodium in Canada (CIF) - 2023
The average import price for cyanides and cyanide oxides; of sodia stood at $2,284 per ton in December 2023, approximately reflecting the previous month. Overall, the import price recorded a noticeable reduction. The pace of growth appeared the most rapid in January 2023 an increase of 5.2% m-o-m. As a result, import price reached the peak level of $3,656 per ton. From February 2023 to December 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to -3.4% per month.
Price for Cyanides and Cyanide Oxides; of Sodium in Canada (FOB) - 2022
The average export price for cyanides and cyanide oxides; of sodia stood at $2,892 per ton in 2022, reducing by -2.7% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cyanides and cyanide oxides; of sodia increased by +1.3% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 79% against the previous year. As a result, the export price reached the peak level of $3,901 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.6% per year.
Imports of Cyanides and Cyanide Oxides; of Sodium in Canada
In 2022, supplies from abroad of cyanides and cyanide oxides; of sodia decreased by -7.2% to 33K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 10% against the previous year. As a result, imports reached the peak of 46K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of cyanides and cyanide oxides; of sodia skyrocketed to $93M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cyanides and Cyanide Oxides; of Sodium in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 72.4 | 59.3 | 65.3 | 91.0 | 7.9% |
| Others | 1.8 | 2.0 | 2.1 | 1.8 | 0.0% |
| Total | 74.2 | 61.3 | 67.4 | 92.8 | 7.7% |
Top Suppliers of Cyanides and Cyanide Oxides; of Sodium to Canada in 2022:
- United States (32.4K tons)
Exports of Cyanides and Cyanide Oxides; of Sodium in Canada
In 2022, overseas shipments of cyanides and cyanide oxides; of sodia decreased by -37.5% to 294 tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 137%. As a result, the exports attained the peak of 552 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cyanides and cyanide oxides; of sodia reduced sharply to $850K in 2022. In general, exports, however, recorded tangible growth. The pace of growth appeared the most rapid in 2020 when exports increased by 98%. As a result, the exports reached the peak of $1.6M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cyanides and Cyanide Oxides; of Sodium in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.8 | 1.6 | 1.4 | 0.9 | 4.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.8 | 1.6 | 1.4 | 0.9 | 4.0% |
Top Export Markets for Cyanides and Cyanide Oxides; of Sodium from Canada in 2022:
- United States (294.1 tons)
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In value terms, cyanides, cyanide oxides and complex cyanides imports totaled $X in 2016. Overall, cyanides, cyanide oxides and complex cyanides imports continue to indicate a prominent increase. Ove...
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In value terms, cyanides, cyanide oxides and complex cyanides exports amounted to $X in 2016. In general, cyanides, cyanide oxides and complex cyanides exports continue to indicate a prominent grow...
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In value terms, cyanides, cyanide oxides and complex cyanides exports amounted to $X in 2016. In general, cyanides, cyanide oxides and complex cyanides exports continue to indicate a prominent grow...
