Complex Cyanides Price in Estonia - 2023

Contents:

  1. Complex Cyanides Price in Estonia (CIF) - 2022
  2. Complex Cyanides Imports in Estonia

Complex Cyanides Price in Estonia (CIF) - 2022

The average complex cyanides import price stood at $67,000 per ton in 2022, waning by -31.8% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, complex cyanides import price decreased by -33.5% against 2020 indices. The growth pace was the most rapid in 2019 an increase of 59% against the previous year. The import price peaked at $100,750 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Germany ($136,000 per ton), while the price for Belgium amounted to $35,400 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+25.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Complex Cyanides Imports in Estonia

Complex cyanides imports into Estonia shrank sharply to 7 kg in 2022, waning by -22.2% against 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 125% against the previous year. As a result, imports reached the peak of 9 kg, and then declined dramatically in the following year.

In value terms, complex cyanides imports contracted markedly to $469 in 2022. In general, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 119% against the previous year. As a result, imports attained the peak of $884, and then reduced remarkably in the following year.

Import of Complex Cyanides in Estonia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17231263827216.5%
BelgiumN/A91.053.017739.5%
China31.0N/AN/AN/A0%
United Kingdom227N/AN/AN/A0%
India75.0N/AN/AN/A0%
Czech Republic69.0N/AN/AN/A0%
United StatesN/AN/A118N/A0%
OthersN/AN/A75.020.0-73.3%
Total574403884469-6.5%

Top Suppliers of Complex Cyanides to Estonia in 2022:

  1. Belgium (5.0 kg)
  2. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform

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