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

Contents:

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

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

In 2022, the average import price for cyanides and cyanide oxides; of sodia amounted to $2,284 per ton, picking up by 20% against the previous year. In general, the import price, however, showed a perceptible curtailment. The import price peaked at $3,384 per ton in 2013; however, from 2014 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 countries with the highest prices were Brazil ($2,506 per ton) and South Korea ($2,490 per ton), while the price for Australia ($2,139 per ton) and the United States ($2,223 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-1.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for cyanides and cyanide oxides; of sodia amounted to $2,580 per ton, rising by 21% against the previous year. In general, the export price, however, saw a noticeable contraction. The export price peaked at $3,385 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($3,380 per ton), while the average price for exports to Nicaragua ($2,050 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+40.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cyanides and Cyanide Oxides; of Sodium in Peru

Imports of cyanides and cyanide oxides; of sodia into Peru expanded significantly to 55K tons in 2022, increasing by 7% compared with 2021. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 8.9%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of cyanides and cyanide oxides; of sodia surged to $126M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia44.037.736.648.13.0%
China38.637.032.244.54.9%
South Korea4.01.410.913.851.1%
United States9.97.311.812.06.6%
Brazil1.81.52.76.654.2%
Germany0.63.63.80.914.5%
Others0.8N/A0.3N/A-38.8%
Total99.788.598.31268.1%

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

  1. Australia (22.5K tons)
  2. China (18.6K tons)
  3. South Korea (5.5K tons)
  4. United States (5.4K tons)
  5. Brazil (2.6K tons)
  6. Germany (0.4K tons)

Exports of Cyanides and Cyanide Oxides; of Sodium in Peru

In 2022, after two years of decline, there was significant growth in overseas shipments of cyanides and cyanide oxides; of sodia, when their volume increased by 74% to 1.6K tons. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cyanides and cyanide oxides; of sodia surged to $4.2M in 2022. In general, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cyanides and Cyanide Oxides; of Sodium in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia7573265842,18242.3%
Argentina210N/AN/A1,03470.1%
Chile417999372406-0.9%
Ecuador1,6051,221739272-44.7%
NicaraguaN/AN/A33.1251658.3%
ColombiaN/AN/A209N/A0%
Others43.443.070.683.724.5%
Total3,0322,5892,0084,22911.7%

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

  1. Bolivia (768.4 tons)
  2. Argentina (499.4 tons)
  3. Nicaragua (122.6 tons)
  4. Chile (120.0 tons)
  5. Ecuador (100.0 tons)

Source: IndexBox Market Intelligence Platform

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