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

Contents:

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

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

The average import price for cyanides and cyanide oxides; of sodia stood at $2,060 per ton in 2022, which is down by -45.1% against the previous year. Over the period under review, the import price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 50% against the previous year. As a result, import price reached the peak level of $4,200 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,991 per ton), while the price for the Netherlands amounted to $991 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.7%).

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

The average export price for cyanides and cyanide oxides; of sodia stood at $4,092 per ton in 2022, almost unchanged from the previous year. In general, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 848% against the previous year. As a result, the export price attained the peak level of $26,544 per ton. From 2017 to 2022, the average export prices remained at a 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 Zimbabwe ($7,983 per ton), while the average price for exports to Niger ($500 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 Zimbabwe (-10.1%), while the prices for the other major destinations experienced a decline.

Imports of Cyanides and Cyanide Oxides; of Sodium in Switzerland

In 2022, imports of cyanides and cyanide oxides; of sodia into Switzerland skyrocketed to 140 tons, increasing by 113% against the previous year. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cyanides and cyanide oxides; of sodia soared to $289K in 2022. The total import value increased at an average annual rate of +11.8% from 2019 to 2022; however, 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 Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1691892061853.1%
Netherlands15.116.920.810289.0%
Others23.45.120.71.8-57.5%
Total20721124728911.8%

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

  1. Netherlands (103.3 tons)
  2. Germany (37.1 tons)

Exports of Cyanides and Cyanide Oxides; of Sodium in Switzerland

In 2022, shipments abroad of cyanides and cyanide oxides; of sodia decreased by 0% to 163 kg, falling for the second consecutive year after two years of growth. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 869%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of cyanides and cyanide oxides; of sodia totaled $667 in 2022. In general, exports posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 7,283% against the previous year. As a result, the exports attained the peak of $1.3K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cyanides and Cyanide Oxides; of Sodium in Switzerland (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe5.01,185N/A471355.0%
KenyaN/AN/AN/A1260%
India1.0112N/A52.0273.3%
Niger1.019.0N/A10.0115.4%
Others11.013.0N/A8.0-10.1%
Total18.01,329N/A667233.4%

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

  1. Kenya (68.0 kg)
  2. Zimbabwe (59.0 kg)
  3. Niger (20.0 kg)
  4. India (10.0 kg)

Source: IndexBox Market Intelligence Platform

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