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

Contents:

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

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

In 2022, the average import price for cyanides and cyanide oxides; other than of sodia amounted to $23,408 per ton, which is down by -8.2% against the previous year. Over the period under review, the import price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2019 an increase of 27% against the previous year. The import price peaked at $25,510 per ton in 2021, and then fell in the following year.

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 India ($108,133 per ton), while the price for Australia amounted to $23,129 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+40.6%).

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

The average export price for cyanides and cyanide oxides; other than of sodia stood at $43,063 per ton in 2022, surging by 7.5% against the previous year. Over the period under review, the export price, however, saw a mild downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 44% against the previous year. As a result, the export price attained the peak level of $71,057 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($46,089 per ton), while the average price for exports to Burkina Faso stood at $31,045 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (-1.4%).

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

In 2022, supplies from abroad of cyanides and cyanide oxides; other than of sodia increased by 10% to 11 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt curtailment.

In value terms, imports of cyanides and cyanide oxides; other than of sodia totaled $266K in 2022. In general, imports, however, saw a slight setback.

Import of Cyanides and Cyanide Oxides; Other than of Sodium in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia270265259262-1.0%
Others4.84.34.03.8-7.5%
Total275269263266-1.1%

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

  1. Australia (11.3 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of cyanides and cyanide oxides; other than of sodia, when their volume decreased by -38.8% to 875 kg. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 347% against the previous year. As a result, the exports reached the peak of 1.4 tons, and then fell rapidly in the following year.

In value terms, exports of cyanides and cyanide oxides; other than of sodia dropped rapidly to $38K in 2022. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 217%. As a result, the exports reached the peak of $57K, and then fell markedly in the following year.

Export of Cyanides and Cyanide Oxides; Other than of Sodium in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire6.811.448.732.267.9%
Burkina Faso4.06.68.65.511.2%
OthersN/AN/AN/AN/A0%
Total10.818.157.337.751.7%

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

  1. Cote d'Ivoire (699.0 kg)
  2. Burkina Faso (176.0 kg)

Source: IndexBox Market Intelligence Platform

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