Complex Cyanides Price in India - 2023
Contents:
- Complex Cyanides Price in India (CIF) - 2023
- Complex Cyanides Price in India (FOB) - 2022
- Complex Cyanides Imports in India
- Complex Cyanides Exports in India
Complex Cyanides Price in India (CIF) - 2023
The average complex cyanides import price stood at $1,322 per ton in September 2023, therefore, remained relatively stable against the previous month. Overall, the import price continues to indicate a pronounced descent. The growth pace was the most rapid in May 2023 when the average import price increased by 39% month-to-month. As a result, import price reached the peak level of $2,036 per ton. From June 2023 to September 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 China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to -2.6% per month.
Complex Cyanides Price in India (FOB) - 2022
The average complex cyanides export price stood at $6,185 per ton in 2022, dropping by -25.1% against the previous year. Over the period under review, the export price, however, recorded strong growth. The growth pace was the most rapid in 2014 when the average export price increased by 71% against the previous year. The export price peaked at $12,177 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($41,755 per ton), while the average price for exports to Turkey ($1,611 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 Angola (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
Complex Cyanides Imports in India
In 2022, after three years of growth, there was decline in purchases abroad of complex cyanideses, when their volume decreased by -4.8% to 2.7K tons. The total import volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of 2.8K tons, and then fell slightly in the following year.
In value terms, complex cyanides imports contracted to $4.2M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +58.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 73%. As a result, imports attained the peak of $4.6M, and then dropped in the following year.
| Import of Complex Cyanides in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 2.6 | 4.5 | 4.1 | 17.9% |
| Others | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Total | 2.7 | 2.7 | 4.6 | 4.2 | 15.9% |
Top Suppliers of Complex Cyanides to India in 2022:
- China (2.7K tons)
Complex Cyanides Exports in India
Complex cyanides exports from India soared to 234 tons in 2022, picking up by 70% against the previous year's figure. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 122%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, complex cyanides exports skyrocketed to $1.4M in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 106% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Complex Cyanides in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 10.7 | 0.2 | 265 | 340 | 216.7% |
| United States | 357 | 155 | 248 | 315 | -4.1% |
| Switzerland | 19.6 | 1.7 | 138 | 178 | 108.6% |
| Germany | 13.8 | 192 | 1.7 | 84.4 | 82.9% |
| Turkey | 94.2 | 0.3 | 40.7 | 56.2 | -15.8% |
| Bangladesh | 21.0 | 17.5 | 20.7 | 26.6 | 8.2% |
| South Korea | 0.9 | 9.7 | 17.9 | 23.0 | 194.6% |
| Taiwan (Chinese) | 103 | N/A | N/A | N/A | 0% |
| Others | 198 | 175 | 406 | 422 | 28.7% |
| Total | 818 | 552 | 1,138 | 1,445 | 20.9% |
Top Export Markets for Complex Cyanides from India in 2022:
- Netherlands (119.1 tons)
- Turkey (34.9 tons)
- United States (28.9 tons)
- Germany (20.0 tons)
- South Korea (7.4 tons)
- Switzerland (4.3 tons)
- Bangladesh (4.1 tons)
191
This report provides an in-depth analysis of the market for cyanides and cyanide oxides in India.
420
This report provides an in-depth analysis of the market for cyanides, cyanide oxides and complex cyanides in India.
390
This report provides an in-depth analysis of the global market for cyanides and cyanide oxides.
394
This report provides an in-depth analysis of the global market for cyanides, cyanide oxides and complex cyanides.
191
This report provides an in-depth analysis of the market for cyanides and cyanide oxides in India.
420
This report provides an in-depth analysis of the market for cyanides, cyanide oxides and complex cyanides in India.
390
This report provides an in-depth analysis of the global market for cyanides and cyanide oxides.
394
This report provides an in-depth analysis of the global market for cyanides, cyanide oxides and complex cyanides.
1471
In value terms, cyanides, cyanide oxides and complex cyanides imports totaled $X in 2016. Overall, cyanides, cyanide oxides and complex cyanides imports continue to indicate a prominent increase. Ove...
1307
In value terms, cyanides, cyanide oxides and complex cyanides exports amounted to $X in 2016. In general, cyanides, cyanide oxides and complex cyanides exports continue to indicate a prominent grow...
1471
In value terms, cyanides, cyanide oxides and complex cyanides imports totaled $X in 2016. Overall, cyanides, cyanide oxides and complex cyanides imports continue to indicate a prominent increase. Ove...
1307
In value terms, cyanides, cyanide oxides and complex cyanides exports amounted to $X in 2016. In general, cyanides, cyanide oxides and complex cyanides exports continue to indicate a prominent grow...
