Price for Cyanides, Cyanide Oxides and Complex Cyanides in Sudan - 2022

Contents:

  1. Price for Cyanides, Cyanide Oxides and Complex Cyanides in Sudan (CIF) - 2022
  2. Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Sudan

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

In 2022, the average import price for cyanides, cyanide oxides and complex cyanideses amounted to $2,231 per ton, rising by 9.5% against the previous year. Overall, the import price, however, continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2019 an increase of 24%. The import price peaked at $3,216 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 India ($8,074 per ton), while the price for the United Arab Emirates ($692 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Sudan

In 2022, the amount of cyanides, cyanide oxides and complex cyanideses imported into Sudan surged to 4.8K tons, jumping by 21% on 2021. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.3% 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 +55.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses soared to $11M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.6% 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 +59.9% against 2020 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 Sudan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.92.96.08.312.0%
Czech Republic0.50.90.70.66.3%
Georgia0.10.20.40.571.0%
South Korea0.71.50.10.5-10.6%
Morocco0.40.60.40.40.0%
India0.30.50.30.30.0%
Others0.1N/AN/AN/A0%
Total8.16.68.010.69.4%

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

  1. China (3929.9 tons)
  2. Czech Republic (241.8 tons)
  3. Georgia (208.8 tons)
  4. South Korea (204.8 tons)
  5. Morocco (125.8 tons)
  6. India (37.2 tons)

Source: IndexBox Market Intelligence Platform

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