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

Contents:

  1. Price for Cyanides and Cyanide Oxides; Other than of Sodium in Pakistan (CIF) - 2022
  2. Imports of Cyanides and Cyanide Oxides; Other than of Sodium in Pakistan

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

In 2022, the average import price for cyanides and cyanide oxides; other than of sodia amounted to $3,067 per ton, rising by 9.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2015 when the average import price increased by 22%. As a result, import price attained the peak level of $3,606 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($3,091 per ton), while the price for South Korea stood at $3,059 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of cyanides and cyanide oxides; other than of sodia into Pakistan surged to 56 tons, rising by 46% on the previous year's figure. In general, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year.

In value terms, imports of cyanides and cyanide oxides; other than of sodia soared to $173K in 2022. Over the period under review, imports, however, showed a abrupt decrease.

Import of Cyanides and Cyanide Oxides; Other than of Sodium in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea12533.950.716910.6%
Germany2.15.72.23.316.3%
China34.55.111.4N/A-42.5%
France10.66.45.0N/A-31.3%
Taiwan (Chinese)34.130.635.3N/A1.7%
Others5.10.64.21.3-36.6%
Total21182.3109173-6.4%

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

  1. South Korea (55.1 tons)
  2. Germany (1.1 tons)

Source: IndexBox Market Intelligence Platform

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