Price for Cyanides and Cyanide Oxides; of Sodium in the Czech Republic - 2023

Contents:

  1. Price for Cyanides and Cyanide Oxides; of Sodium in the Czech Republic (FOB) - 2023
  2. Price for Cyanides and Cyanide Oxides; of Sodium in the Czech Republic (CIF) - 2022
  3. Exports of Cyanides and Cyanide Oxides; of Sodium in the Czech Republic
  4. Imports of Cyanides and Cyanide Oxides; of Sodium in the Czech Republic

Price for Cyanides and Cyanide Oxides; of Sodium in the Czech Republic (FOB) - 2023

In October 2023, the average export price for cyanides and cyanide oxides; of sodia amounted to $2,258 per ton, which is down by -9.3% against the previous month. Overall, the export price recorded a deep reduction. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 13% m-o-m. Over the period under review, the average export prices attained the maximum at $4,386 per ton in November 2022; however, from December 2022 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Kenya ($2,472 per ton), while the average price for exports to the UK ($1,144 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guinea (+0.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cyanides and Cyanide Oxides; of Sodium in the Czech Republic (CIF) - 2022

In 2022, the average import price for cyanides and cyanide oxides; of sodia amounted to $9,837 per ton, jumping by 272% against the previous year. In general, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 622% against the previous year. As a result, import price attained the peak level of $22,574 per ton. From 2014 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 France ($21,117 per ton), while the price for Germany amounted to $8,615 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.4%), while the prices for the other major suppliers experienced a decline.

Exports of Cyanides and Cyanide Oxides; of Sodium in the Czech Republic

In 2022, exports of cyanides and cyanide oxides; of sodia from the Czech Republic fell sharply to 6.7K tons, which is down by -40.2% compared with 2021 figures. Overall, exports faced a dramatic curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 243%.

In value terms, exports of cyanides and cyanide oxides; of sodia contracted markedly to $20M in 2022. In general, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 229%.

Export of Cyanides and Cyanide Oxides; of Sodium in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sudan4.11.32.34.85.4%
United Kingdom3.2N/A0.43.1-1.1%
Morocco3.0N/A0.71.7-17.2%
Turkey6.4N/A2.71.6-37.0%
Argentina0.20.20.51.281.7%
Brazil2.12.92.01.0-21.9%
Egypt0.3N/A0.20.944.2%
Canada0.3N/A0.40.732.6%
NigeriaN/AN/A0.40.775.0%
Burkina FasoN/AN/A0.70.5-28.6%
Zimbabwe2.0N/A1.60.4-41.5%
MauritaniaN/AN/AN/A0.30%
Guatemala0.20.30.30.314.5%
Others28.32.611.72.6-54.9%
Total50.07.323.819.8-26.6%

Top Export Markets for Cyanides and Cyanide Oxides; of Sodium from the Czech Republic in 2022:

  1. Sudan (1679.8 tons)
  2. United Kingdom (935.5 tons)
  3. Morocco (739.9 tons)
  4. Turkey (664.1 tons)
  5. Brazil (318.4 tons)
  6. Argentina (298.7 tons)
  7. Egypt (256.7 tons)
  8. Nigeria (240.0 tons)
  9. Canada (239.5 tons)
  10. Burkina Faso (160.0 tons)
  11. Zimbabwe (140.0 tons)
  12. Mauritania (120.0 tons)
  13. Guatemala (120.0 tons)

Imports of Cyanides and Cyanide Oxides; of Sodium in the Czech Republic

In 2022, supplies from abroad of cyanides and cyanide oxides; of sodia decreased by -97.6% to 619 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 4,848%. As a result, imports reached the peak of 26 tons, and then fell rapidly in the following year.

In value terms, imports of cyanides and cyanide oxides; of sodia reduced sharply to $6.1K in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 1,808% against the previous year. As a result, imports attained the peak of $68K, and then dropped sharply in the following year.

Import of Cyanides and Cyanide Oxides; of Sodium in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.23.53.14.829.7%
FranceN/AN/A4.21.3-69.0%
SlovakiaN/AN/A45.5N/A0%
United KingdomN/AN/A14.8N/A0%
OthersN/AN/A0.2N/A0%
Total2.23.567.76.140.5%

Top Suppliers of Cyanides and Cyanide Oxides; of Sodium to the Czech Republic in 2022:

  1. Germany (558.0 kg)
  2. France (60.0 kg)

Source: IndexBox Market Intelligence Platform

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