Price for Cyanides and Cyanide Oxides; of Sodium in the United States - 2023

Contents:

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

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

The average export price for cyanides and cyanide oxides; of sodia stood at $1,935 per ton in December 2023, falling by -13.2% against the previous month. Over the period under review, the export price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in November 2023 an increase of 13% month-to-month. Over the period under review, the average export prices reached the peak figure at $2,957 per ton in January 2023; however, from February 2023 to December 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Argentina ($2,500 per ton), while the average price for exports to Mexico ($1,368 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+14.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for cyanides and cyanide oxides; of sodia stood at $2,878 per ton in December 2023, waning by -4.9% against the previous month. Overall, the import price recorded a pronounced setback. The pace of growth appeared the most rapid in March 2023 an increase of 72% month-to-month. The import price peaked at $4,561 per ton in January 2023; however, from February 2023 to December 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($3,673 per ton), while the price for Japan amounted to $2,230 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Cyanides and Cyanide Oxides; of Sodium in the United States

In 2022, shipments abroad of cyanides and cyanide oxides; of sodia decreased by -5% to 119K tons, falling for the second consecutive year after two years of growth. Overall, exports showed a noticeable setback. The most prominent rate of growth was recorded in 2020 when exports increased by 1.1% against the previous year. As a result, the exports attained the peak of 131K 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 skyrocketed to $314M in 2022. The total export value increased at an average annual rate of +9.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cyanides and Cyanide Oxides; of Sodium in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico78.388.910112416.6%
Canada74.861.467.994.07.9%
Suriname17.316.419.022.59.2%
Mauritania7.010.81.014.126.3%
Honduras7.17.07.011.316.8%
Argentina10.57.06.311.01.6%
Peru10.56.712.710.60.3%
Chile9.72.22.27.0-10.3%
Ghana3.28.22.36.627.3%
Others19.319.112.713.4-11.5%
Total2382282323149.7%

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

  1. Mexico (48.8K tons)
  2. Canada (32.6K tons)
  3. Suriname (7.7K tons)
  4. Peru (5.2K tons)
  5. Mauritania (5.1K tons)
  6. Argentina (4.3K tons)
  7. Honduras (3.8K tons)
  8. Chile (3.0K tons)
  9. Ghana (2.7K tons)

Imports of Cyanides and Cyanide Oxides; of Sodium in the United States

In 2022, supplies from abroad of cyanides and cyanide oxides; of sodia decreased by -0.4% to 1.5K tons, falling for the second year in a row after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 29% against the previous year. As a result, imports reached the peak of 2K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cyanides and cyanide oxides; of sodia soared to $4.9M in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat 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 United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,7711,3041,6011,8251.0%
China6689334981,22322.3%
Czech Republic1915918471,00674.0%
Japan924742771762-6.2%
South Korea4951,19621822.9-64.1%
Others31.4N/AN/A24.7-7.7%
Total4,0804,7673,9354,8636.0%

Top Suppliers of Cyanides and Cyanide Oxides; of Sodium to the United States in 2022:

  1. Germany (502.2 tons)
  2. China (381.0 tons)
  3. Japan (362.7 tons)
  4. Czech Republic (259.2 tons)
  5. South Korea (7.4 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
U.S. - Cyanides, Cyanide Oxides And Complex Cyanides - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 240

This report provides an in-depth analysis of the market for cyanides and cyanide oxides in the U.S..

U.S. - Cyanides, Cyanide Oxides And Complex Cyanides - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 387

This report provides an in-depth analysis of the market for cyanides, cyanide oxides and complex cyanides in the U.S..

World - Cyanides, Cyanide Oxides And Complex Cyanides - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 358

This report provides an in-depth analysis of the global market for cyanides and cyanide oxides.

World - Cyanides, Cyanide Oxides And Complex Cyanides - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 389

This report provides an in-depth analysis of the global market for cyanides, cyanide oxides and complex cyanides.

U.S. - Cyanides, Cyanide Oxides And Complex Cyanides - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 240

This report provides an in-depth analysis of the market for cyanides and cyanide oxides in the U.S..

U.S. - Cyanides, Cyanide Oxides And Complex Cyanides - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 387

This report provides an in-depth analysis of the market for cyanides, cyanide oxides and complex cyanides in the U.S..

World - Cyanides, Cyanide Oxides And Complex Cyanides - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 358

This report provides an in-depth analysis of the global market for cyanides and cyanide oxides.

World - Cyanides, Cyanide Oxides And Complex Cyanides - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 389

This report provides an in-depth analysis of the global market for cyanides, cyanide oxides and complex cyanides.

Free Data: Cyanides and cyanide oxides; of sodium - United States