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

Contents:

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

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

In 2022, the average import price for cyanides and cyanide oxides; of sodia amounted to $1,738 per ton, leveling off at the previous year. Overall, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 12%. The import price peaked at $3,359 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +10.1% per year.

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

The average export price for cyanides and cyanide oxides; of sodia stood at $2,212 per ton in 2022, reducing by -2.5% against the previous year. In general, the export price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 9.4% against the previous year. As a result, the export price attained the peak level of $3,483 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to +3.6% per year.

Imports of Cyanides and Cyanide Oxides; of Sodium in Russia

In 2022, approx. 16K tons of cyanides and cyanide oxides; of sodia were imported into Russia; reducing by -62.1% against 2021 figures. Overall, imports recorded a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 133%. As a result, imports attained the peak of 42K tons, and then declined dramatically in the following year.

In value terms, imports of cyanides and cyanide oxides; of sodia reduced rapidly to $28M in 2022. In general, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 104% against the previous year. As a result, imports reached the peak of $73M, and then fell sharply in the following year.

Import of Cyanides and Cyanide Oxides; of Sodium in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea36.918.835.327.5-9.3%
Kazakhstan4.810.47.5N/A25.0%
China21.36.830.7N/A20.1%
OthersN/AN/AN/AN/A0%
Total63.036.073.427.5-24.1%

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

  1. South Korea (15.8K tons)

Exports of Cyanides and Cyanide Oxides; of Sodium in Russia

In 2022, exports of cyanides and cyanide oxides; of sodia from Russia fell notably to 4.1K tons, which is down by -82.8% against the previous year's figure. Overall, exports recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 15%. As a result, the exports attained the peak of 24K tons, and then reduced notably in the following year.

In value terms, exports of cyanides and cyanide oxides; of sodia fell rapidly to $9.1M in 2022. In general, exports saw a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 17%. As a result, the exports attained the peak of $54M, and then dropped markedly in the following year.

Export of Cyanides and Cyanide Oxides; of Sodium in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan38.832.839.49.1-38.3%
Kyrgyzstan8.910.69.6N/A3.9%
Tajikistan0.52.85.1N/A219.4%
Others1.10.1N/AN/A-90.9%
Total49.346.354.29.1-43.1%

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

  1. Kazakhstan (4.1K tons)

Source: IndexBox Market Intelligence Platform

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