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

Contents:

  1. Price for Cyanides and Cyanide Oxides; of Sodium in Hungary (CIF) - 2022
  2. Price for Cyanides and Cyanide Oxides; of Sodium in Hungary (FOB) - 2022
  3. Imports of Cyanides and Cyanide Oxides; of Sodium in Hungary
  4. Exports of Cyanides and Cyanide Oxides; of Sodium in Hungary

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

The average import price for cyanides and cyanide oxides; of sodia stood at $3,529 per ton in 2022, increasing by 24% against the previous year. Overall, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $5,950 per ton. From 2014 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 ($8,000 per ton), while the price for the Czech Republic stood at $3,528 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cyanides and Cyanide Oxides; of Sodium in Hungary (FOB) - 2022

In 2022, the average export price for cyanides and cyanide oxides; of sodia amounted to $1,323 per ton, dropping by -3.7% against the previous year. In general, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 13% against the previous year. Over the period under review, the average export prices hit record highs at $3,858 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -14.2% per year.

Imports of Cyanides and Cyanide Oxides; of Sodium in Hungary

In 2022, after three years of growth, there was significant decline in purchases abroad of cyanides and cyanide oxides; of sodia, when their volume decreased by -14.3% to 238 tons. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 13% against the previous year.

In value terms, imports of cyanides and cyanide oxides; of sodia rose sharply to $839K in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Cyanides and Cyanide Oxides; of Sodium in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic59248079183812.3%
France92.4291N/AN/A214.9%
Others4.63.70.10.5-52.3%
Total6897757918396.8%

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

  1. Czech Republic (237.6 tons)

Exports of Cyanides and Cyanide Oxides; of Sodium in Hungary

In 2022, approx. 375 kg of cyanides and cyanide oxides; of sodia were exported from Hungary; reducing by -25% on the previous year's figure. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year.

In value terms, exports of cyanides and cyanide oxides; of sodia fell dramatically to $496 in 2022. Overall, exports saw a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 126%.

Export of Cyanides and Cyanide Oxides; of Sodium in Hungary (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1,003304687496-20.9%
OthersN/AN/AN/AN/A0%
Total1,003304687496-20.9%

Top Export Markets for Cyanides and Cyanide Oxides; of Sodium from Hungary in 2022:

  1. Netherlands (375.0 kg)

Source: IndexBox Market Intelligence Platform

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