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

Contents:

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

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

In 2022, the average export price for cyanides and cyanide oxides; of sodia amounted to $2,127 per ton, surging by 16% against the previous year. Over the period under review, the export price, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2018 an increase of 28% against the previous year. The export price peaked at $4,204 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Chile ($2,505 per ton) and Argentina ($2,382 per ton), while the average price for exports to Mozambique ($1,894 per ton) and Mali ($1,956 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+3.9%), while the prices for the other major destinations experienced a decline.

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

The average import price for cyanides and cyanide oxides; of sodia stood at $2,427 per ton in 2022, growing by 20% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $2,968 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($2,982 per ton) and the Czech Republic ($2,855 per ton), while the price for the United States ($2,051 per ton) and Australia ($2,458 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Cyanides and Cyanide Oxides; of Sodium in Brazil

In 2022, overseas shipments of cyanides and cyanide oxides; of sodia decreased by -2.7% to 5.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 84% against the previous year.

In value terms, exports of cyanides and cyanide oxides; of sodia expanded notably to $12M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +27.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +107.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 59% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Cyanides and Cyanide Oxides; of Sodium in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru1.01.72.85.273.2%
ZimbabweN/A1.33.72.230.1%
ArgentinaN/AN/A0.72.0185.7%
MaliN/AN/AN/A1.30%
ChileN/A0.2N/A0.558.1%
Mexico0.41.22.70.40.0%
MozambiqueN/A1.90.50.4-54.1%
Venezuela0.51.10.2N/A-36.8%
SurinameN/A0.7N/AN/A0%
Bolivia3.7N/AN/AN/A0%
Others0.21.20.30.535.7%
Total5.99.410.912.327.7%

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

  1. Peru (2440.0 tons)
  2. Zimbabwe (1080.0 tons)
  3. Argentina (860.0 tons)
  4. Mali (640.0 tons)
  5. Mozambique (200.0 tons)
  6. Chile (180.0 tons)
  7. Mexico (160.0 tons)

Imports of Cyanides and Cyanide Oxides; of Sodium in Brazil

After three years of growth, supplies from abroad of cyanides and cyanide oxides; of sodia decreased by -48% to 3.8K tons in 2022. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 27% against the previous year.

In value terms, imports of cyanides and cyanide oxides; of sodia shrank remarkably to $9.3M in 2022. Over the period under review, imports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. As a result, imports attained the peak of $15M, and then shrank notably in the following year.

Import of Cyanides and Cyanide Oxides; of Sodium in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia6.48.510.85.9-2.7%
United States0.3N/A1.21.881.7%
Czech Republic2.22.82.11.1-20.6%
Germany0.70.30.60.5-10.6%
OthersN/A0.20.3N/A50.0%
Total9.711.815.09.3-1.4%

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

  1. Australia (2382.5 tons)
  2. United States (900.0 tons)
  3. Czech Republic (374.0 tons)
  4. Germany (175.1 tons)

Source: IndexBox Market Intelligence Platform

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