Price for Cyanides and Cyanide Oxides; of Sodium in Turkey - 2023
Contents:
- Price for Cyanides and Cyanide Oxides; of Sodium in Turkey (CIF) - 2023
- Price for Cyanides and Cyanide Oxides; of Sodium in Turkey (FOB) - 2022
- Imports of Cyanides and Cyanide Oxides; of Sodium in Turkey
- Exports of Cyanides and Cyanide Oxides; of Sodium in Turkey
Price for Cyanides and Cyanide Oxides; of Sodium in Turkey (CIF) - 2023
In December 2023, the average import price for cyanides and cyanide oxides; of sodia amounted to $2,505 per ton, falling by -5.2% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 7.2% m-o-m. The import price peaked at $2,979 per ton in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the countries with the highest prices were South Korea ($3,040 per ton) and Germany ($2,633 per ton), while the price for the Czech Republic ($2,284 per ton) and Australia ($2,344 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cyanides and Cyanide Oxides; of Sodium in Turkey (FOB) - 2022
In 2022, the average export price for cyanides and cyanide oxides; of sodia amounted to $1,896 per ton, with an increase of 2.8% against the previous year. Overall, the export price, however, recorded a deep reduction. The growth pace was the most rapid in 2017 an increase of 90% against the previous year. The export price peaked at $5,754 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Iran.
From 2012 to 2022, the rate of growth in terms of prices for Free Zones amounted to +10.5% per year.
Imports of Cyanides and Cyanide Oxides; of Sodium in Turkey
In 2022, overseas purchases of cyanides and cyanide oxides; of sodia decreased by -23.2% to 22K tons, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 0.4%. As a result, imports attained the peak of 29K 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 reduced to $54M in 2022. Over the period under review, imports saw a pronounced slump. The smallest decline of -1.6% was in 2021.
| Import of Cyanides and Cyanide Oxides; of Sodium in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 20.0 | 19.7 | 22.6 | 16.5 | -6.2% |
| Australia | 8.8 | 5.5 | 7.0 | 13.6 | 15.6% |
| South Korea | 14.8 | 12.9 | 9.4 | 11.1 | -9.1% |
| China | 10.7 | 15.9 | 8.3 | 10.0 | -2.2% |
| Czech Republic | 4.7 | 4.9 | 8.6 | 2.6 | -17.9% |
| Georgia | 3.5 | N/A | 2.1 | 0.5 | -47.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 62.5 | 59.0 | 58.0 | 54.4 | -4.5% |
Top Suppliers of Cyanides and Cyanide Oxides; of Sodium to Turkey in 2022:
- Australia (6.2K tons)
- Germany (5.8K tons)
- South Korea (5.0K tons)
- China (4.1K tons)
- Czech Republic (1.1K tons)
- Georgia (0.2K tons)
Exports of Cyanides and Cyanide Oxides; of Sodium in Turkey
In 2022, approx. 108 tons of cyanides and cyanide oxides; of sodia were exported from Turkey; which is down by -45.5% against the year before. Overall, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 1,000% against the previous year. As a result, the exports reached the peak of 198 tons, and then reduced markedly in the following year.
In value terms, exports of cyanides and cyanide oxides; of sodia reduced notably to $205K in 2022. In general, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 724% against the previous year.
| Export of Cyanides and Cyanide Oxides; of Sodium in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 486 | 44.3 | 365 | 205 | -25.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 486 | 44.3 | 365 | 205 | -25.0% |
Top Export Markets for Cyanides and Cyanide Oxides; of Sodium from Turkey in 2022:
- Iran (108.0 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 Turkey.
383
This report provides an in-depth analysis of the market for cyanides, cyanide oxides and complex cyanides in Turkey.
358
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...
1440
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...
