Complex Cyanides Price in Libya - 2022

Contents:

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

Complex Cyanides Price in Libya (CIF) - 2022

The average complex cyanides import price stood at $4,209 per ton in 2022, with an increase of 43% against the previous year. Over the period under review, the import price, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 43% against the previous year. Over the period under review, average import prices attained the peak figure at $9,452 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,333 per ton), while the price for the Netherlands ($4,208 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.8%), while the prices for the other major suppliers experienced a decline.

Complex Cyanides Imports in Libya

In 2022, overseas purchases of complex cyanideses decreased by -14.9% to 5.3 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.9% 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 2020 with an increase of 40%. As a result, imports reached the peak of 7 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, complex cyanides imports skyrocketed to $22K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.8% 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 +80.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Complex Cyanides in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands11.614.018.122.124.0%
Others0.80.40.30.2-37.0%
Total12.314.418.422.321.9%

Top Suppliers of Complex Cyanides to Libya in 2022:

  1. Netherlands (5.3 tons)

Source: IndexBox Market Intelligence Platform

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