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

Contents:

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

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

The average import price for cyanides and cyanide oxides; other than of sodia stood at $21,522 per ton in 2022, picking up by 641% against the previous year. In general, the import price posted a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Australia ($25,176 per ton), while the price for the UK ($3,706 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+8.4%), while the prices for the other major suppliers experienced a decline.

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

The average export price for cyanides and cyanide oxides; other than of sodia stood at $1,586 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price posted a perceptible increase. The most prominent rate of growth was recorded in 2017 a decrease of -11.7% against the previous year. The export price peaked at $2,323 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2016 to 2022, the rate of growth in terms of prices for Zambia amounted to -7.7% per year.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of cyanides and cyanide oxides; other than of sodia, when their volume decreased by -92.3% to 249 kg. Overall, imports recorded a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of 3.2 tons, and then shrank dramatically in the following year.

In value terms, imports of cyanides and cyanide oxides; other than of sodia contracted remarkably to $5.4K in 2022. In general, imports faced a sharp descent. The smallest decline of -24.4% was in 2021.

Import of Cyanides and Cyanide Oxides; Other than of Sodium in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia11.15.21.05.1-22.8%
United Kingdom0.20.20.20.1-20.6%
UgandaN/AN/AN/A0.10%
India3.45.47.0N/A43.5%
South Africa1.41.20.8N/A-24.4%
Others0.30.30.3N/A0.0%
Total16.412.49.45.4-30.9%

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

  1. Australia (204.0 kg)
  2. United Kingdom (34.0 kg)
  3. Uganda (11.0 kg)

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

In 2022, overseas shipments of cyanides and cyanide oxides; other than of sodia decreased by 0% to 4 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,101%. As a result, the exports reached the peak of 8 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cyanides and cyanide oxides; other than of sodia stood at $6.4K in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,402%. As a result, the exports attained the peak of $13K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Cyanides and Cyanide Oxides; Other than of Sodium in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zambia0.812.7N/A6.4100.0%
Others0.1N/AN/AN/A0%
Total0.812.7N/A6.4100.0%

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

  1. Zambia (4.0 tons)

Source: IndexBox Market Intelligence Platform

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