Central Asia: Market for Cyanides, Cyanide Oxides And Complex Cyanides 2024

Market Size for Cyanides, Cyanide Oxides And Complex Cyanides in Central Asia

The Central Asian cyanides and cyanide oxides market surged to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Cyanides, Cyanide Oxides And Complex Cyanides in Central Asia

In value terms, cyanides and cyanide oxides production amounted to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume decreased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Cyanides, Cyanide Oxides And Complex Cyanides

Exports in Central Asia

In 2022, shipments abroad of cyanides, cyanide oxides and complex cyanides decreased by X% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, cyanides and cyanide oxides exports skyrocketed to $X in 2022. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

The biggest shipments were from Kazakhstan (X tons), together accounting for X% of total export.

Kazakhstan was also the fastest-growing in terms of the cyanides, cyanide oxides and complex cyanides exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest cyanides and cyanide oxides supplier in Central Asia.

In Kazakhstan, cyanides and cyanide oxides exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, growing by X% against the previous year. Export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cyanides and cyanide oxides export price increased by X% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.

Imports of Cyanides, Cyanide Oxides And Complex Cyanides

Imports in Central Asia

In 2022, imports of cyanides, cyanide oxides and complex cyanides in Central Asia reached X tons, increasing by X% compared with the previous year. Overall, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, cyanides and cyanide oxides imports soared to $X in 2022. In general, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Kazakhstan (X tons) represented the major importer of cyanides, cyanide oxides and complex cyanides, comprising X% of total imports. Tajikistan (X tons) took the second position in the ranking, followed by Kyrgyzstan (X tons) and Mongolia (X tons). All these countries together took near X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to cyanides and cyanide oxides imports into Kazakhstan stood at X%. At the same time, Tajikistan (X%), Mongolia (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Tajikistan and Mongolia increased by X and X percentage points, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported cyanides, cyanide oxides and complex cyanides in Central Asia, comprising X% of total imports. The second position in the ranking was held by Tajikistan ($X), with a X% share of total imports. It was followed by Mongolia, with an X% share.

In Kazakhstan, cyanides and cyanide oxides imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Tajikistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mongolia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :