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

Contents:

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

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

The average import price for cyanides and cyanide oxides; other than of sodia stood at $8,567 per ton in 2022, which is down by -14.8% against the previous year. Over the period under review, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 92%. The import price peaked at $15,094 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($22,553 per ton), while the price for the Czech Republic ($4,577 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.6%), 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 the UK (FOB) - 2022

In 2022, the average export price for cyanides and cyanide oxides; other than of sodia amounted to $66,929 per ton, increasing by 810% against the previous year. Overall, the export price posted a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($227,163 per ton), while the average price for exports to Taiwan (Chinese) ($28,496 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 Belgium (+15.2%), 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 the UK

In 2022, approx. 115 tons of cyanides and cyanide oxides; other than of sodia were imported into the UK; rising by 4.3% on the previous year. Over the period under review, imports, however, saw a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 47%. As a result, imports attained the peak of 222 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cyanides and cyanide oxides; other than of sodia declined to $986K in 2022. In general, imports, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2020 with an increase of 70%. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cyanides and Cyanide Oxides; Other than of Sodium in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/A97.4422333.3%
Czech Republic92.498.835.220129.6%
Germany5.527731.2139193.5%
RussiaN/A102N/A97.6-2.2%
China59.434.024370.55.9%
France7531,25770333.0-64.7%
IndiaN/AN/AN/A18.50%
Netherlands218159N/AN/A-27.1%
Others11.416.1N/A5.0-24.0%
Total1,1401,9441,110986-4.7%

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

  1. Czech Republic (44.0 tons)
  2. South Korea (39.0 tons)
  3. Germany (15.9 tons)
  4. China (5.6 tons)
  5. Russia (4.3 tons)
  6. France (3.6 tons)
  7. India (2.6 tons)

Exports of Cyanides and Cyanide Oxides; Other than of Sodium in the UK

In 2022, the amount of cyanides and cyanide oxides; other than of sodia exported from the UK declined dramatically to 505 kg, falling by -87.7% on the previous year. In general, exports recorded a sharp slump. The growth pace was the most rapid in 2021 with an increase of 240%.

In value terms, exports of cyanides and cyanide oxides; other than of sodia expanded sharply to $34K in 2022. Over the period under review, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 52% against the previous year.

Export of Cyanides and Cyanide Oxides; Other than of Sodium in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.70.5N/A20.9210.2%
Taiwan (Chinese)21.75.48.87.4-30.1%
Australia4.54.5N/A4.0-3.9%
United StatesN/AN/AN/A1.60%
Hong Kong SAR18.6N/AN/AN/A0%
South KoreaN/AN/A1.3N/A0%
Ireland12.32.3N/AN/A-81.3%
South Africa3.1N/AN/AN/A0%
Czech RepublicN/AN/A15.0N/A0%
Others6.67.35.2N/A-11.2%
Total67.520.030.333.8-20.6%

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

  1. Taiwan (Chinese) (258.0 kg)
  2. Australia (115.0 kg)
  3. Belgium (92.0 kg)
  4. United States (40.0 kg)

Source: IndexBox Market Intelligence Platform

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