Price for Cyanides, Cyanide Oxides and Complex Cyanides in the Dominican Republic - 2023

Contents:

1. Price for Cyanides, Cyanide Oxides and Complex Cyanides in the Dominican Republic (CIF) - 2023
2. Price for Cyanides, Cyanide Oxides and Complex Cyanides in the Dominican Republic (FOB) - 2022
3. Imports of Cyanides, Cyanide Oxides and Complex Cyanides in the Dominican Republic
4. Exports of Cyanides, Cyanide Oxides and Complex Cyanides in the Dominican Republic

Price for Cyanides, Cyanide Oxides and Complex Cyanides in the Dominican Republic (CIF) - 2023

The average import price for cyanides, cyanide oxides and complex cyanideses stood at $2,983 per ton in March 2023, with a decrease of -2.4% against the previous month. In general, the import price, however, saw a notable expansion. The pace of growth was the most pronounced in November 2022 when the average import price increased by 4,501% against the previous month. As a result, import price attained the peak level of $141K per ton. From December 2022 to March 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From March 2022 to March 2023, the rate of growth in terms of prices for Australia amounted to +3.0% per month.

Price for Cyanides, Cyanide Oxides and Complex Cyanides in the Dominican Republic (FOB) - 2022

The average export price for cyanides, cyanide oxides and complex cyanideses stood at $1,811 per ton in 2022, picking up by 48% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Turks and Caicos Islands ($2,333 per ton), while the average price for exports to Colombia ($1,175 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Haiti (+4.2%).

Imports of Cyanides, Cyanide Oxides and Complex Cyanides in the Dominican Republic

In 2022, supplies from abroad of cyanides, cyanide oxides and complex cyanideses decreased by -37.5% to 3K tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 6.3% against the previous year. As a result, imports attained the peak of 5.3K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses declined to $7.8M in 2022. In general, imports recorded a deep downturn. The smallest decline of -8.3% was in 2021.

Top Suppliers of Cyanides, Cyanide Oxides and Complex Cyanides to the Dominican Republic in 2022:

1. Australia (2960.0 tons)
2. China (59.1 tons)
3. United States (0.1 tons)

Exports of Cyanides, Cyanide Oxides and Complex Cyanides in the Dominican Republic

In 2022, shipments abroad of cyanides, cyanide oxides and complex cyanideses decreased by -98.7% to 1.2 tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 9,077% against the previous year. As a result, the exports attained the peak of 99 tons, and then reduced dramatically in the following year.

In value terms, exports of cyanides, cyanide oxides and complex cyanideses shrank sharply to $2.2K in 2022. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 8,709%. As a result, the exports attained the peak of $121K, and then shrank dramatically in the following year.

Top Export Markets for Cyanides, Cyanide Oxides and Complex Cyanides from the Dominican Republic in 2022:

1. Curacao (618.0 kg)
2. Turks and Caicos Islands (360.0 kg)
3. Colombia (200.0 kg)
4. Haiti (60.0 kg)

Source: IndexBox Market Intelligence Platform