Price for Cyanides and Cyanide Oxides; of Sodium in Belgium - 2023

Contents:

  1. Price for Cyanides and Cyanide Oxides; of Sodium in Belgium (FOB) - 2022
  2. Price for Cyanides and Cyanide Oxides; of Sodium in Belgium (CIF) - 2022
  3. Exports of Cyanides and Cyanide Oxides; of Sodium in Belgium
  4. Imports of Cyanides and Cyanide Oxides; of Sodium in Belgium

Price for Cyanides and Cyanide Oxides; of Sodium in Belgium (FOB) - 2022

The average export price for cyanides and cyanide oxides; of sodia stood at $102 per ton in 2022, reducing by -7.1% against the previous year. In general, the export price faced a sharp decline. The growth pace was the most rapid in 2013 an increase of 25%. As a result, the export price attained the peak level of $1,771 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($53,589 per ton), while the average price for exports to Germany ($98 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 Canada (+41.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Cyanides and Cyanide Oxides; of Sodium in Belgium (CIF) - 2022

The average import price for cyanides and cyanide oxides; of sodia stood at $4,439 per ton in 2022, increasing by 82% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($10,719 per ton), while the price for Germany stood at $4,429 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+46.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cyanides and Cyanide Oxides; of Sodium in Belgium

Exports of cyanides and cyanide oxides; of sodia from Belgium dropped dramatically to 10K tons in 2022, waning by -17.9% compared with the year before. Over the period under review, exports continue to indicate a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 90% against the previous year. As a result, the exports attained the peak of 12K tons, and then fell remarkably in the following year.

In value terms, exports of cyanides and cyanide oxides; of sodia contracted sharply to $1M in 2022. In general, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 75% against the previous year.

Export of Cyanides and Cyanide Oxides; of Sodium in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0155371,046889-4.3%
United Kingdom507240310126-37.1%
Others12.79.215.930.934.5%
Total1,5357861,3721,046-12.0%

Top Export Markets for Cyanides and Cyanide Oxides; of Sodium from Belgium in 2022:

  1. Germany (9.1K tons)
  2. United Kingdom (1.2K tons)

Imports of Cyanides and Cyanide Oxides; of Sodium in Belgium

After three years of growth, overseas purchases of cyanides and cyanide oxides; of sodia decreased by -50.4% to 31 tons in 2022. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. As a result, imports attained the peak of 62 tons, and then dropped dramatically in the following year.

In value terms, imports of cyanides and cyanide oxides; of sodia contracted to $137K in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 15%.

Import of Cyanides and Cyanide Oxides; of Sodium in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1271441381352.1%
Spain0.30.213.20.2-12.6%
Others0.94.30.22.336.7%
Total1291481521372.0%

Top Suppliers of Cyanides and Cyanide Oxides; of Sodium to Belgium in 2022:

  1. Germany (30.4 tons)
  2. Spain (0.3 tons)

Source: IndexBox Market Intelligence Platform

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