Price for Cyanides and Cyanide Oxides; of Sodium in Finland - 2023

Contents:

  1. Price for Cyanides and Cyanide Oxides; of Sodium in Finland (CIF) - 2023
  2. Imports of Cyanides and Cyanide Oxides; of Sodium in Finland

Price for Cyanides and Cyanide Oxides; of Sodium in Finland (CIF) - 2023

In August 2023, the average import price for cyanides and cyanide oxides; of sodia amounted to $5,101 per ton, approximately mirroring the previous month. In general, the import price showed a slight expansion. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 21% against the previous month. Over the period under review, average import prices attained the peak figure in August 2023.

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

From August 2022 to August 2023, the rate of growth in terms of prices for Germany amounted to +1.8% per month.

Imports of Cyanides and Cyanide Oxides; of Sodium in Finland

In 2022, the amount of cyanides and cyanide oxides; of sodia imported into Finland shrank to 563 tons, waning by -7.4% compared with the previous year. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of 608 tons, and then fell in the following year.

In value terms, imports of cyanides and cyanide oxides; of sodia dropped slightly to $2.2M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 49%. As a result, imports attained the peak of $2.2M, and then contracted modestly in the following year.

Import of Cyanides and Cyanide Oxides; of Sodium in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.61.52.12.211.2%
OthersN/AN/A0.1N/A0%
Total1.61.52.22.211.2%

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

  1. Germany (560.0 tons)

Source: IndexBox Market Intelligence Platform

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