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

Contents:

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

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

The average export price for cyanides and cyanide oxides; other than of sodia stood at $10,005 per ton in 2022, waning by -2.2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 51%. As a result, the export price reached the peak level of $12,609 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($32,087 per ton), while the average price for exports to Portugal ($4,755 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for cyanides and cyanide oxides; other than of sodia stood at $7,074 per ton in 2022, falling by -59.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 122%. The import price peaked at $17,343 per ton in 2021, and then contracted remarkably 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 France ($21,326 per ton), while the price for the Czech Republic ($4,897 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth consecutive year, Spain recorded growth in shipments abroad of cyanides and cyanide oxides; other than of sodia, which increased by 83% to 78 tons in 2022. In general, exports saw significant growth. As a result, the exports attained 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 soared to $783K in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cyanides and Cyanide Oxides; Other than of Sodium in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A0.1211210900.0%
Portugal1661862472108.2%
GermanyN/AN/A53.768.828.1%
Others34.0117136292104.8%
Total20030443778357.6%

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

  1. Portugal (44.2 tons)
  2. Italy (30.9 tons)
  3. Germany (2.1 tons)

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

In 2022, supplies from abroad of cyanides and cyanide oxides; other than of sodia decreased by -8.6% to 109 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year.

In value terms, imports of cyanides and cyanide oxides; other than of sodia fell rapidly to $768K in 2022. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 54%.

Import of Cyanides and Cyanide Oxides; Other than of Sodium in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic2893794773577.3%
South Korea14813710927823.4%
France23.337.366.510364.1%
Germany7191,2631,40126.6-66.7%
Others6.65.48.53.1-22.3%
Total1,1851,8222,061768-13.5%

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

  1. Czech Republic (72.9 tons)
  2. South Korea (26.7 tons)
  3. France (4.9 tons)
  4. Germany (3.6 tons)

Source: IndexBox Market Intelligence Platform

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