Complex Cyanides Price in Indonesia - 2022

Contents:

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

Complex Cyanides Price in Indonesia (CIF) - 2022

In 2022, the average complex cyanides import price amounted to $12,774 per ton, approximately reflecting the previous year. In general, the import price enjoyed a tangible expansion. The growth pace was the most rapid in 2013 when the average import price increased by 93% against the previous year. As a result, import price reached the peak level of $19,001 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($271,715 per ton), while the price for Thailand ($2,344 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+25.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Complex Cyanides Imports in Indonesia

After three years of growth, overseas purchases of complex cyanideses decreased by -13.8% to 26 tons in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.8% 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 +55.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 39%.

In value terms, complex cyanides imports contracted to $336K in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 113%.

Import of Complex Cyanides in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan29.492.218415172.5%
South Korea37.911311195.936.3%
Thailand11.014.019.914.28.9%
China6.69.716.311.319.6%
Others49.057.354.763.49.0%
Total13428638633635.9%

Top Suppliers of Complex Cyanides to Indonesia in 2022:

  1. South Korea (16.7 tons)
  2. Thailand (6.1 tons)
  3. China (2.6 tons)
  4. Japan (0.6 tons)

Source: IndexBox Market Intelligence Platform

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