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

Contents:

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

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

The average import price for cyanides and cyanide oxides; other than of sodia stood at $38,586 per ton in 2022, which is down by -6.4% against the previous year. Overall, the import price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 218%. As a result, import price attained the peak level of $45,499 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($51,918 per ton), while the price for Finland ($7,278 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for cyanides and cyanide oxides; other than of sodia stood at $76,214 per ton in 2022, surging by 301% against the previous year. Overall, the export price enjoyed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Belgium ($150,714 per ton), while the average price for exports to Greece amounted to $1,714 per ton.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of cyanides and cyanide oxides; other than of sodia imported into Estonia expanded sharply to 1.6 tons, with an increase of 11% compared with the previous year. The total import volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 24%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of cyanides and cyanide oxides; other than of sodia expanded to $60K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.7% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 88% against the previous year. As a result, imports reached the peak of $63K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cyanides and Cyanide Oxides; Other than of Sodium in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden28.857.050.251.321.2%
United States1.94.96.25.139.0%
China0.40.10.11.451.8%
FinlandN/A0.81.21.011.8%
PolandN/AN/AN/A0.80%
Czech Republic1.4N/AN/AN/A0%
Others1.00.10.10.3-33.1%
Total33.562.957.860.021.4%

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

  1. Sweden (1153.0 kg)
  2. Finland (144.0 kg)
  3. United States (98.0 kg)
  4. Poland (96.0 kg)
  5. China (56.0 kg)

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

Exports of cyanides and cyanide oxides; other than of sodia from Estonia skyrocketed to 14 kg in 2022, increasing by 600% compared with 2021 figures. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cyanides and cyanide oxides; other than of sodia surged to $1.1K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cyanides and Cyanide Oxides; Other than of Sodium in Estonia (USD)
COUNTRY20212022CAGR,
2021-2022
BelgiumN/A1,0550%
GreeceN/A12.00%
Netherlands38.0N/A0%
OthersN/AN/A0%
Total38.01,0672707.9%

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

  1. Belgium (7.0 kg)
  2. Greece (7.0 kg)

Source: IndexBox Market Intelligence Platform

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