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

Contents:

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

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

The average import price for cyanides and cyanide oxides; of sodia stood at $2,983 per ton in March 2023, which is down by -2.4% against the previous month. Over the period under review, the import price, however, showed a tangible increase. The growth pace was the most rapid in April 2022 when the average import price increased by 329% against the previous month. As a result, import price attained the peak level of $8,975 per ton. From May 2022 to March 2023, the average import prices remained at a lower figure.

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

From March 2022 to March 2023, the rate of growth in terms of prices for Australia amounted to +3.0% per month.

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

In 2022, the average export price for cyanides and cyanide oxides; of sodia amounted to $1,934 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw modest growth. The most prominent rate of growth was recorded in 2014 when the average export price decreased by -1.3%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turks and Caicos Islands ($2,333 per ton), while the average price for exports to Haiti ($1,450 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+4.2%).

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

In 2022, supplies from abroad of cyanides and cyanide oxides; of sodia decreased by -37.5% to 3K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 6.3% against the previous year. As a result, imports attained the peak of 5.3K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cyanides and cyanide oxides; of sodia shrank to $7.8M in 2022. In general, imports saw a abrupt shrinkage. The smallest decline of -8% was in 2021.

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

1. Australia (3.0K tons)
2. China (0.1K tons)

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

In 2022, the amount of cyanides and cyanide oxides; of sodia exported from the Dominican Republic stood at 1 tons, remaining constant against 2021 figures. In general, exports showed a mild decrease. The smallest decline of 99.9% was in 2021.

In value terms, exports of cyanides and cyanide oxides; of sodia totaled $2K in 2022. Overall, exports saw significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Curacao (618.0 kg)
2. Turks and Caicos Islands (360.0 kg)
3. Haiti (60.0 kg)

Source: IndexBox Market Intelligence Platform