Price for Cyanides and Cyanide Oxides; Other than of Sodium in Australia - 2023

Contents:

1. Price for Cyanides and Cyanide Oxides; Other than of Sodium in Australia (CIF) - 2022
2. Price for Cyanides and Cyanide Oxides; Other than of Sodium in Australia (FOB) - 2022
3. Imports of Cyanides and Cyanide Oxides; Other than of Sodium in Australia
4. Exports of Cyanides and Cyanide Oxides; Other than of Sodium in Australia

Price for Cyanides and Cyanide Oxides; Other than of Sodium in Australia (CIF) - 2022

In 2022, the average import price for cyanides and cyanide oxides; other than of sodia amounted to $10,049 per ton, standing approx. at the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 82%. The import price peaked at $53,791 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($45,730 per ton), while the price for Japan ($5,165 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+63.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cyanides and Cyanide Oxides; Other than of Sodium in Australia (FOB) - 2022

The average export price for cyanides and cyanide oxides; other than of sodia stood at $7,000 per ton in 2022, falling by -42.2% against the previous year. In general, the export price faced a abrupt setback. The pace of growth appeared the most rapid in 2020 an increase of 764%. As a result, the export price attained the peak level of $48,322 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for New Zealand.

From 2012 to 2022, the rate of growth in terms of prices for Papua New Guinea amounted to +11.8% per year.

Imports of Cyanides and Cyanide Oxides; Other than of Sodium in Australia

In 2022, the amount of cyanides and cyanide oxides; other than of sodia imported into Australia amounted to 2.4 tons, approximately equating the previous year's figure. Over the period under review, imports showed a precipitous shrinkage. The smallest decline of -88.1% was in 2020.

In value terms, imports of cyanides and cyanide oxides; other than of sodia totaled $24K in 2022. In general, imports showed a dramatic setback. The smallest decline of -78.4% was in 2020.

Top Suppliers of Cyanides and Cyanide Oxides; Other than of Sodium to Australia in 2022:

1. Japan (2000.0 kg)
2. Czech Republic (200.0 kg)
3. United States (126.0 kg)
4. South Korea (100.0 kg)

Exports of Cyanides and Cyanide Oxides; Other than of Sodium in Australia

In 2022, exports of cyanides and cyanide oxides; other than of sodia from Australia fell markedly to 3 kg, which is down by 99.9% on the previous year's figure. In general, exports showed a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 187% against the previous year.

In value terms, exports of cyanides and cyanide oxides; other than of sodia dropped notably to $21 in 2022. Over the period under review, exports saw a dramatic slump. The smallest decline of -28.1% was in 2020.

Top Export Markets for Cyanides and Cyanide Oxides; Other than of Sodium from Australia in 2022:

1. New Zealand (1.0 kg)

Source: IndexBox Market Intelligence Platform