Complex Cyanides Price in Belgium - 2023

Contents:

  1. Complex Cyanides Price in Belgium (CIF) - 2023
  2. Complex Cyanides Price in Belgium (FOB) - 2022
  3. Complex Cyanides Imports in Belgium
  4. Complex Cyanides Exports in Belgium

Complex Cyanides Price in Belgium (CIF) - 2023

The average complex cyanides import price stood at $4,380 per ton in August 2023, jumping by 54% against the previous month. Overall, the import price, however, saw a deep setback. The pace of growth appeared the most rapid in December 2022 an increase of 1,389% month-to-month. As a result, import price reached the peak level of $55,526 per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.

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

From August 2022 to August 2023, the rate of growth in terms of prices for the Netherlands amounted to +5.2% per month.

Complex Cyanides Price in Belgium (FOB) - 2022

The average complex cyanides export price stood at $10,032 per ton in 2022, increasing by 18% against the previous year. Over the period under review, the export price enjoyed strong growth. The pace of growth was the most pronounced in 2019 an increase of 71%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($53,410 per ton), while the average price for exports to France ($4,187 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 Sweden (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

Complex Cyanides Imports in Belgium

In 2022, imports of complex cyanideses into Belgium surged to 1.3K tons, rising by 65% against the previous year. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, complex cyanides imports surged to $2.4M in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 55%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Complex Cyanides in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.828.53771,158238.7%
Germany3405845581,04645.4%
Netherlands51235654731.1-60.7%
Others12781.71491628.5%
Total1,0081,0501,6312,39833.5%

Top Suppliers of Complex Cyanides to Belgium in 2022:

  1. China (909.6 tons)
  2. Germany (393.0 tons)
  3. Netherlands (13.6 tons)

Complex Cyanides Exports in Belgium

In 2022, complex cyanides exports from Belgium soared to 178 tons, picking up by 58% compared with the year before. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, complex cyanides exports soared to $1.8M in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Complex Cyanides in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany35132636866924.0%
France34.728.787.3423130.1%
Switzerland1.16.93.9284536.8%
Netherlands42.788.217610133.2%
Spain6.534.127.084.4135.0%
United Kingdom33.211511466.325.9%
Others96.510518115416.9%
Total5667039571,78246.6%

Top Export Markets for Complex Cyanides from Belgium in 2022:

  1. France (101.1 tons)
  2. Germany (39.1 tons)
  3. Netherlands (16.5 tons)
  4. Spain (6.8 tons)
  5. United Kingdom (5.5 tons)
  6. Switzerland (5.3 tons)

Source: IndexBox Market Intelligence Platform

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