Price for Cyanides and Cyanide Oxides; of Sodium in Ethiopia - 2022

Contents:

  1. Price for Cyanides and Cyanide Oxides; of Sodium in Ethiopia (CIF) - 2022
  2. Imports of Cyanides and Cyanide Oxides; of Sodium in Ethiopia

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

In 2022, the average import price for cyanides and cyanide oxides; of sodia amounted to $2,857 per ton, increasing by 14% against the previous year. In general, the import price, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 16% against the previous year. Over the period under review, average import prices attained the peak figure at $4,286 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($2,901 per ton), while the price for Georgia ($2,188 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-1.3%), while the prices for the other major suppliers experienced a decline.

Imports of Cyanides and Cyanide Oxides; of Sodium in Ethiopia

In 2022, imports of cyanides and cyanide oxides; of sodia into Ethiopia surged to 427 tons, picking up by 33% on 2021 figures. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 700%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of cyanides and cyanide oxides; of sodia surged to $1.2M in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 751% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Cyanides and Cyanide Oxides; of Sodium in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia29664.86531,16157.7%
GeorgiaN/AN/AN/A48.00%
Czech Republic32.64.222.211.2-30.0%
China7.922.694.90.4-63.0%
South Korea32.72.423.0N/A-16.1%
Others6.50.914.5N/A49.4%
Total37694.88071,22048.0%

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

  1. Australia (400.0 tons)
  2. Georgia (22.0 tons)
  3. Czech Republic (5.0 tons)
  4. China (0.1 tons)

Source: IndexBox Market Intelligence Platform

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