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

Contents:

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

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

In November 2022, the average import price for cyanides and cyanide oxides; of sodia amounted to $2,501 per ton, dropping by -7.3% against the previous month. Over the period under review, the import price recorded a pronounced slump. Over the period under review, average import prices hit record highs at $3,230 per ton in September 2022; however, from October 2022 to November 2022, import prices failed to regain momentum.

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

From July 2022 to November 2022, the rate of growth in terms of prices for South Korea amounted to 0.0% per month.

Imports of Cyanides and Cyanide Oxides; of Sodium in Mexico

In 2022, overseas purchases of cyanides and cyanide oxides; of sodia were finally on the rise to reach 14K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a dramatic decline.

In value terms, imports of cyanides and cyanide oxides; of sodia skyrocketed to $44M in 2022. In general, imports, however, faced a dramatic contraction.

Import of Cyanides and Cyanide Oxides; of Sodium in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States86.687.824.243.4-20.6%
South Korea5.94.8N/A0.7-50.9%
China59.236.1N/AN/A-39.0%
Czech Republic4.53.2N/AN/A-28.9%
OthersN/A1.3N/AN/A0%
Total15613324.244.1-34.4%

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

  1. United States (14.1K tons)
  2. South Korea (0.3K tons)

Source: IndexBox Market Intelligence Platform

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