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

Contents:

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

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

In 2022, the average import price for cyanides and cyanide oxides; of sodia amounted to $2,524 per ton, increasing by 6.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 19%. Over the period under review, average import prices hit record highs at $3,224 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($2,608 per ton), while the price for China ($2,411 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cyanides and Cyanide Oxides; of Sodium in Pakistan

Imports of cyanides and cyanide oxides; of sodia into Pakistan declined dramatically to 254 tons in 2022, falling by -50.1% compared with 2021. Over the period under review, imports recorded a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 103%. As a result, imports reached the peak of 510 tons, and then plummeted in the following year.

In value terms, imports of cyanides and cyanide oxides; of sodia contracted dramatically to $642K in 2022. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 78%. As a result, imports attained the peak of $1.2M, and then shrank notably in the following year.

Import of Cyanides and Cyanide Oxides; of Sodium in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)425204654293-11.7%
China10713714824231.3%
Czech Republic185257258106-16.9%
United Arab EmiratesN/AN/A27.0N/A0%
Georgia35.035.453.6N/A23.8%
Others50.148.269.6N/A17.9%
Total8036821,210642-7.2%

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

  1. Taiwan (Chinese) (112.5 tons)
  2. China (100.5 tons)
  3. Czech Republic (41.4 tons)

Source: IndexBox Market Intelligence Platform

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