Price for Cyanides, Cyanide Oxides and Complex Cyanides in Serbia - 2023

Contents:

  1. Price for Cyanides, Cyanide Oxides and Complex Cyanides in Serbia (CIF) - 2022
  2. Price for Cyanides, Cyanide Oxides and Complex Cyanides in Serbia (FOB) - 2022
  3. Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Serbia
  4. Exports of Cyanides, Cyanide Oxides and Complex Cyanides in Serbia

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

The average import price for cyanides, cyanide oxides and complex cyanideses stood at $3,844 per ton in 2022, rising by 23% against the previous year. Overall, the import price, however, continues to indicate a mild decline. The import price peaked at $5,221 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($3,962 per ton), while the price for China totaled $2,956 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%).

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

The average export price for cyanides, cyanide oxides and complex cyanideses stood at $37,800 per ton in 2022, jumping by 57% against the previous year. Overall, the export price, however, faced a sharp decrease. The export price peaked at $1,181,800 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($39,200 per ton), while the average price for exports to Bosnia and Herzegovina ($34,333 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 Montenegro (-1.0%), while the prices for the other major destinations experienced a decline.

Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Serbia

Imports of cyanides, cyanide oxides and complex cyanideses into Serbia rose remarkably to 68 tons in 2022, picking up by 6% on 2021. The total import volume increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses soared to $262K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cyanides, Cyanide Oxides and Complex Cyanides in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic12613818519716.1%
China0.50.60.652.1370.6%
Others19.917.415.313.1-13.0%
Total14615620126221.5%

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

  1. Czech Republic (49.6 tons)
  2. China (17.6 tons)

Exports of Cyanides, Cyanide Oxides and Complex Cyanides in Serbia

In 2022, exports of cyanides, cyanide oxides and complex cyanideses from Serbia reduced rapidly to 15 kg, with a decrease of -96.6% compared with the previous year. Overall, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 2,232%.

In value terms, exports of cyanides, cyanide oxides and complex cyanideses fell rapidly to $567 in 2022. In general, exports recorded a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 1,925% against the previous year. As a result, the exports reached the peak of $11K, and then shrank rapidly in the following year.

Export of Cyanides, Cyanide Oxides and Complex Cyanides in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro0.60.20.10.4-12.6%
TurkeyN/A0.10.10.10.0%
Bosnia and Herzegovina8.1N/A9.50.1-76.9%
RomaniaN/AN/A1.1N/A0%
OthersN/A0.2N/AN/A0%
Total8.70.510.70.6-59.0%

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

  1. Montenegro (10.0 kg)
  2. Bosnia and Herzegovina (3.0 kg)
  3. Turkey (2.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Cyanides, Cyanide Oxides And Complex Cyanides - Serbia