Report Update: May 1, 2024

Canada - Cyanides, Cyanide Oxides And Complex Cyanides - Market Analysis, Forecast, Size, Trends And Insights

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Price for Cyanides, Cyanide Oxides and Complex Cyanides in Canada - 2024

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Canada (CIF) - 2022

In 2022, the average import price for cyanides, cyanide oxides and complex cyanideses amounted to $2,638 per ton, surging by 47% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cyanides, cyanide oxides and complex cyanideses increased by +112.8% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2,659 per ton), while the price for China amounted to $2,177 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%).

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Canada (FOB) - 2022

In 2022, the average export price for cyanides, cyanide oxides and complex cyanideses amounted to $2,961 per ton, shrinking by -3.2% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cyanides, cyanide oxides and complex cyanideses decreased by -15.8% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 76% against the previous year. Over the period under review, the average export prices hit record highs at $3,519 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,191 per ton), while the average price for exports to Saudi Arabia ($886 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 the United States (+5.7%).

Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Canada

In 2022, purchases abroad of cyanides, cyanide oxides and complex cyanideses decreased by -6.1% to 36K tons, falling for the second year in a row after two years of growth. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 1.5% against the previous year. As a result, imports attained the peak of 51K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses soared to $95M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cyanides, Cyanide Oxides and Complex Cyanides in Canada (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	72.7	59.5	65.5	91.3	7.9%
China	2.1	2.2	1.4	1.9	-3.3%
Others	1.0	1.5	1.9	1.7	19.3%
Total	75.8	63.1	68.8	94.9	7.8%

Top Suppliers of Cyanides, Cyanide Oxides and Complex Cyanides to Canada in 2022:

United States (34.3K tons)
China (0.9K tons)

Exports of Cyanides, Cyanide Oxides and Complex Cyanides in Canada

In 2022, shipments abroad of cyanides, cyanide oxides and complex cyanideses decreased by -39.9% to 363 tons, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 when exports increased by 152%. As a result, the exports attained the peak of 630 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cyanides, cyanide oxides and complex cyanideses reduced dramatically to $1.1M in 2022. Over the period under review, exports, however, posted a strong increase. The growth pace was the most rapid in 2020 when exports increased by 116% against the previous year. As a result, the exports reached the peak of $1.9M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Cyanides, Cyanide Oxides and Complex Cyanides in Canada (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	881	1,892	1,846	1,042	5.8%
Botswana	N/A	N/A	N/A	23.8	0%
Saudi Arabia	N/A	N/A	N/A	8.2	0%
Others	0.4	8.6	2.5	2.2	76.5%
Total	882	1,900	1,848	1,076	6.9%

Top Export Markets for Cyanides, Cyanide Oxides and Complex Cyanides from Canada in 2022:

United States (326.4 tons)
Botswana (26.4 tons)
Saudi Arabia (9.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cyanides, cyanide oxides and complex cyanides in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Country coverage:

Canada

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Canada
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023