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

Contents:

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

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

In 2022, the average import price for cyanides and cyanide oxides; other than of sodia amounted to $8,414 per ton, with an increase of 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2013 an increase of 16%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($15,916 per ton), while the price for the Czech Republic ($6,959 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cyanides and cyanide oxides; other than of sodia stood at $16,645 per ton in 2022, waning by -9.4% against the previous year. In general, the export price, however, saw moderate growth. The pace of growth appeared the most rapid in 2015 an increase of 167% against the previous year. Over the period under review, the average export prices reached the peak figure at $93,720 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($28,000 per ton), while the average price for exports to Germany ($15,709 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 India (+9.8%), 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 Switzerland

In 2022, approx. 76 tons of cyanides and cyanide oxides; other than of sodia were imported into Switzerland; picking up by 13% against 2021. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of cyanides and cyanide oxides; other than of sodia soared to $640K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 35%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Cyanides and Cyanide Oxides; Other than of Sodium in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany39234639754911.9%
South Korea52.822.468.857.52.9%
Netherlands15.07.825.716.94.1%
Czech Republic1.62.518.814.2107.0%
Others1.01.41.53.450.4%
Total46338051264011.4%

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

  1. Germany (69.6 tons)
  2. South Korea (3.6 tons)
  3. Czech Republic (2.0 tons)
  4. Netherlands (0.7 tons)

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

After three years of growth, shipments abroad of cyanides and cyanide oxides; other than of sodia decreased by -44.8% to 454 kg in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 84% against the previous year. As a result, the exports reached the peak of 822 kg, and then declined rapidly in the following year.

In value terms, exports of cyanides and cyanide oxides; other than of sodia shrank sharply to $7.6K in 2022. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 59% against the previous year. As a result, the exports reached the peak of $15K, and then fell rapidly in the following year.

Export of Cyanides and Cyanide Oxides; Other than of Sodium in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.45.511.43.5-18.2%
VietnamN/A1.0N/A3.381.7%
France2.41.11.10.4-45.0%
India0.90.81.30.3-30.7%
Others0.61.01.30.2-30.7%
Total10.39.515.17.6-9.6%

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

  1. Germany (220.0 kg)
  2. Vietnam (200.0 kg)
  3. France (18.0 kg)
  4. India (10.0 kg)

Source: IndexBox Market Intelligence Platform

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