Price for Cyanides and Cyanide Oxides; of Sodium in the UK - 2023
Contents:
- Price for Cyanides and Cyanide Oxides; of Sodium in the UK (CIF) - 2023
- Price for Cyanides and Cyanide Oxides; of Sodium in the UK (FOB) - 2022
- Imports of Cyanides and Cyanide Oxides; of Sodium in the UK
- Exports of Cyanides and Cyanide Oxides; of Sodium in the UK
Price for Cyanides and Cyanide Oxides; of Sodium in the UK (CIF) - 2023
In November 2023, the average import price for cyanides and cyanide oxides; of sodia amounted to $722 per ton, dropping by -12.5% against the previous month. Over the period under review, the import price continues to indicate a deep slump. The pace of growth was the most pronounced in March 2023 an increase of 42% m-o-m. Over the period under review, average import prices hit record highs at $1,752 per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was the Czech Republic ($774 per ton), while the price for the Netherlands amounted to $718 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (-2.2%), while the prices for the other major suppliers experienced a decline.
Price for Cyanides and Cyanide Oxides; of Sodium in the UK (FOB) - 2022
In 2022, the average export price for cyanides and cyanide oxides; of sodia amounted to $3,347 per ton, picking up by 7.4% against the previous year. Overall, the export price, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by 440%. Over the period under review, the average export prices reached the maximum at $25,718 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
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 Ireland ($5,933 per ton), while the average price for exports to Germany stood at $2,206 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+21.2%), while the prices for the other major destinations experienced a decline.
Imports of Cyanides and Cyanide Oxides; of Sodium in the UK
In 2022, approx. 9.5K tons of cyanides and cyanide oxides; of sodia were imported into the UK; jumping by 54% compared with the year before. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cyanides and cyanide oxides; of sodia skyrocketed to $12M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cyanides and Cyanide Oxides; of Sodium in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.5 | 4.2 | 3.5 | 5.7 | 8.2% |
| Germany | 2.6 | 2.7 | 3.3 | 2.8 | 2.5% |
| Czech Republic | 3.5 | 2.4 | 1.3 | 2.4 | -11.8% |
| Belgium | 0.4 | 0.5 | 0.8 | 0.8 | 26.0% |
| Others | N/A | 0.1 | 0.2 | 0.4 | 100.0% |
| Total | 10.9 | 9.9 | 8.9 | 12.1 | 3.5% |
Top Suppliers of Cyanides and Cyanide Oxides; of Sodium to the UK in 2022:
- Netherlands (6.3K tons)
- Germany (1.2K tons)
- Belgium (1.1K tons)
- Czech Republic (0.7K tons)
Exports of Cyanides and Cyanide Oxides; of Sodium in the UK
Exports of cyanides and cyanide oxides; of sodia from the UK skyrocketed to 71 tons in 2022, with an increase of 77% against 2021. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,730%. As a result, the exports attained the peak of 74 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cyanides and cyanide oxides; of sodia soared to $238K in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 640%. As a result, the exports attained the peak of $278K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Cyanides and Cyanide Oxides; of Sodium in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.3 | 92.6 | 101 | 148 | 143.1% |
| Ireland | 3.7 | 1.8 | 12.3 | 19.4 | 73.7% |
| Czech Republic | N/A | 45.1 | N/A | N/A | 0% |
| Others | 23.6 | 138 | 12.0 | 70.8 | 44.2% |
| Total | 37.5 | 278 | 125 | 238 | 85.1% |
Top Export Markets for Cyanides and Cyanide Oxides; of Sodium from the UK in 2022:
- Germany (67.1 tons)
- Ireland (3.3 tons)
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This report provides an in-depth analysis of the global market for cyanides, cyanide oxides and complex cyanides.
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This report provides an in-depth analysis of the market for cyanides and cyanide oxides in the UK.
380
This report provides an in-depth analysis of the market for cyanides, cyanide oxides and complex cyanides in the UK.
357
This report provides an in-depth analysis of the global market for cyanides and cyanide oxides.
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This report provides an in-depth analysis of the global market for cyanides, cyanide oxides and complex cyanides.
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In value terms, cyanides, cyanide oxides and complex cyanides imports totaled $X in 2016. Overall, cyanides, cyanide oxides and complex cyanides imports continue to indicate a prominent increase. Ove...
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In value terms, cyanides, cyanide oxides and complex cyanides exports amounted to $X in 2016. In general, cyanides, cyanide oxides and complex cyanides exports continue to indicate a prominent grow...
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In value terms, cyanides, cyanide oxides and complex cyanides imports totaled $X in 2016. Overall, cyanides, cyanide oxides and complex cyanides imports continue to indicate a prominent increase. Ove...
1278
In value terms, cyanides, cyanide oxides and complex cyanides exports amounted to $X in 2016. In general, cyanides, cyanide oxides and complex cyanides exports continue to indicate a prominent grow...
