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

Contents:

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

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

In 2022, the average import price for cyanides and cyanide oxides; of sodia amounted to $2,880 per ton, growing by 42% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $2,921 per ton in 2013; afterwards, it flattened through to 2022.

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 Japan ($3,493 per ton), while the price for China ($1,485 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for cyanides and cyanide oxides; of sodia stood at $2,696 per ton in 2022, jumping by 19% against the previous year. Overall, the export price posted notable growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2016 to 2022, the rate of growth in terms of prices for Fiji amounted to +8.0% per year.

Imports of Cyanides and Cyanide Oxides; of Sodium in New Zealand

In 2022, approx. 739 tons of cyanides and cyanide oxides; of sodia were imported into New Zealand; jumping by 44% compared with 2021 figures. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of cyanides and cyanide oxides; of sodia surged to $2.1M in 2022. Overall, imports showed a significant increase. 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 New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4026373911,39251.3%
Australia38610825364818.8%
Japan10.811.511.847.263.5%
China16.719.551.741.635.6%
United States38.431.124.90.2-82.7%
South Korea297305309N/A2.0%
Others0.30.10.2N/A-18.4%
Total1,1511,1121,0422,12922.8%

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

  1. Germany (440.0 tons)
  2. Australia (257.6 tons)
  3. China (28.0 tons)
  4. Japan (13.5 tons)
  5. United States (0.1 tons)

Exports of Cyanides and Cyanide Oxides; of Sodium in New Zealand

After two years of growth, overseas shipments of cyanides and cyanide oxides; of sodia decreased by -0.3% to 33 tons in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 415%. As a result, the exports reached the peak of 33 tons, leveling off in the following year.

In value terms, exports of cyanides and cyanide oxides; of sodia surged to $89K in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 408%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Cyanides and Cyanide Oxides; of Sodium in New Zealand (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Australia11.069.888.7184.0%
Fiji3.74.9N/A32.4%
OthersN/AN/AN/A0%
Total14.774.788.7145.6%

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

  1. Australia (32.9 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Cyanides and cyanide oxides; of sodium - New Zealand