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

Contents:

  1. Price for Cyanides and Cyanide Oxides; Other than of Sodium in Venezuela (CIF) - 2022
  2. Imports of Cyanides and Cyanide Oxides; Other than of Sodium in Venezuela

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

The average import price for cyanides and cyanide oxides; other than of sodia stood at $25,693 per ton in 2022, picking up by 19% against the previous year. Overall, the import price continues to indicate strong growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 225%. The import price peaked at $53,235 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Colombia ($43,167 per ton), while the price for the United States amounted to $24,934 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.0%).

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

In 2022, after three years of growth, there was significant decline in overseas purchases of cyanides and cyanide oxides; other than of sodia, when their volume decreased by -38% to 238 kg. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 284% against the previous year. As a result, imports attained the peak of 384 kg, and then fell remarkably in the following year.

In value terms, imports of cyanides and cyanide oxides; other than of sodia dropped significantly to $6.1K in 2022. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 111% against the previous year. As a result, imports attained the peak of $8.3K, and then fell markedly in the following year.

Import of Cyanides and Cyanide Oxides; Other than of Sodium in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.63.77.85.729.9%
Colombia0.10.20.40.344.2%
OthersN/A0.10.20.10.0%
Total2.73.98.36.131.2%

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

  1. United States (229.0 kg)
  2. Colombia (6.0 kg)

Source: IndexBox Market Intelligence Platform

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