Price for Cyanides and Cyanide Oxides; Other than of Sodium in Indonesia - 2022

Contents:

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

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

The average import price for cyanides and cyanide oxides; other than of sodia stood at $8,727 per ton in 2022, dropping by -15.1% against the previous year. Over the period under review, the import price continues to indicate a noticeable decline. The growth pace was the most rapid in 2020 when the average import price increased by 11% against the previous year. The import price peaked at $12,632 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Hong Kong SAR ($16,940 per ton), while the price for South Korea totaled $8,578 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for cyanides and cyanide oxides; other than of sodia stood at $10,199 per ton in 2022, jumping by 2,986% against the previous year. Over the period under review, the export price showed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2022, the rate of growth in terms of prices for Malaysia amounted to -23.7% per year.

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

In 2022, supplies from abroad of cyanides and cyanide oxides; other than of sodia decreased by -43.3% to 13 tons, falling for the second year in a row after two years of growth. In general, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 244% against the previous year. As a result, imports attained the peak of 37 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cyanides and cyanide oxides; other than of sodia contracted markedly to $114K in 2022. Over the period under review, imports, however, saw a resilient increase. The growth pace was the most rapid in 2020 when imports increased by 282% against the previous year. As a result, imports attained the peak of $347K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Cyanides and Cyanide Oxides; Other than of Sodium in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea49.325115511030.7%
Hong Kong SAR1.11.42.03.952.5%
China9.916.112.8N/A13.7%
Others30.377.966.9N/A48.6%
Total90.73472361147.9%

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

  1. South Korea (12.8 tons)
  2. Hong Kong SAR (0.2 tons)

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

In 2022, after two years of decline, there was significant decline in overseas shipments of cyanides and cyanide oxides; other than of sodia, when their volume decreased by -98.4% to 201 kg. In general, exports, however, recorded a significant expansion.

In value terms, exports of cyanides and cyanide oxides; other than of sodia reduced notably to $2K in 2022. Overall, exports, however, posted significant growth.

Export of Cyanides and Cyanide Oxides; Other than of Sodium in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/A4.10.1-97.6%
OthersN/AN/AN/A2.00%
TotalN/AN/A4.12.0-51.2%

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

  1. Malaysia (200.0 kg)

Source: IndexBox Market Intelligence Platform

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