Price for Cyanides and Cyanide Oxides; Other than of Sodium in the United States - 2023
Contents:
- Price for Cyanides and Cyanide Oxides; Other than of Sodium in the United States (CIF) - 2023
- Price for Cyanides and Cyanide Oxides; Other than of Sodium in the United States (FOB) - 2022
- Imports of Cyanides and Cyanide Oxides; Other than of Sodium in the United States
- Exports of Cyanides and Cyanide Oxides; Other than of Sodium in the United States
Price for Cyanides and Cyanide Oxides; Other than of Sodium in the United States (CIF) - 2023
In December 2023, the average import price for cyanides and cyanide oxides; other than of sodia amounted to $5,253 per ton, which is down by -5.6% against the previous month. In general, the import price showed a mild reduction. The growth pace was the most rapid in September 2023 when the average import price increased by 68% month-to-month. Over the period under review, average import prices hit record highs at $7,637 per ton in January 2023; however, from February 2023 to December 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($6,119 per ton), while the price for Japan ($4,095 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.7%), while the prices for the other major suppliers experienced a decline.
Price for Cyanides and Cyanide Oxides; Other than of Sodium in the United States (FOB) - 2022
The average export price for cyanides and cyanide oxides; other than of sodia stood at $7,062 per ton in 2022, shrinking by -42% against the previous year. In general, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 421% against the previous year. As a result, the export price reached the peak level of $12,183 per ton, and then fell remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($59,060 per ton), while the average price for exports to Canada ($1,335 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 Mexico (+33.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cyanides and Cyanide Oxides; Other than of Sodium in the United States
In 2022, overseas purchases of cyanides and cyanide oxides; other than of sodia decreased by -31.2% to 607 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a noticeable decline. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. As a result, imports reached the peak of 883 tons, and then reduced dramatically in the following year.
In value terms, imports of cyanides and cyanide oxides; other than of sodia fell dramatically to $3.5M in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of $4.2M, and then reduced rapidly in the following year.
| Import of Cyanides and Cyanide Oxides; Other than of Sodium in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,243 | 2,109 | 2,503 | 2,150 | -1.4% |
| Japan | 483 | 379 | 287 | 398 | -6.2% |
| Czech Republic | 89.5 | 321 | 250 | 397 | 64.3% |
| South Korea | 305 | 453 | 637 | 389 | 8.4% |
| Russia | N/A | N/A | 276 | 101 | -63.4% |
| Others | 370 | 20.1 | 240 | 30.5 | -56.5% |
| Total | 3,490 | 3,282 | 4,194 | 3,464 | -0.2% |
Top Suppliers of Cyanides and Cyanide Oxides; Other than of Sodium to the United States in 2022:
- Germany (370.5 tons)
- Japan (99.5 tons)
- Czech Republic (76.3 tons)
- South Korea (47.3 tons)
- Russia (9.4 tons)
Exports of Cyanides and Cyanide Oxides; Other than of Sodium in the United States
In 2022, approx. 320 tons of cyanides and cyanide oxides; other than of sodia were exported from the United States; picking up by 28% on the year before. In general, exports continue to indicate strong growth. The growth pace was the most rapid in 2021 when exports increased by 98%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of cyanides and cyanide oxides; other than of sodia plummeted to $2.3M in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 932% against the previous year. As a result, the exports reached the peak of $3M, and then reduced sharply in the following year.
| Export of Cyanides and Cyanide Oxides; Other than of Sodium in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | N/A | N/A | 2,498 | 1,619 | -35.2% |
| Canada | 280 | 112 | 256 | 315 | 4.0% |
| Israel | 37.6 | 90.9 | 171 | 261 | 90.8% |
| Mexico | 127 | 39.7 | 80.9 | 2.8 | -72.0% |
| Others | 21.4 | 52.1 | 40.4 | 63.5 | 43.7% |
| Total | 465 | 295 | 3,046 | 2,262 | 69.4% |
Top Export Markets for Cyanides and Cyanide Oxides; Other than of Sodium from the United States in 2022:
- Canada (236.3 tons)
- Israel (55.1 tons)
- Costa Rica (27.4 tons)
- Mexico (0.1 tons)
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In value terms, cyanides, cyanide oxides and complex cyanides exports amounted to $X in 2016. In general, cyanides, cyanide oxides and complex cyanides exports continue to indicate a prominent grow...
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