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

Contents:

  1. Price for Cyanides and Cyanide Oxides; of Sodium in France (CIF) - 2023
  2. Price for Cyanides and Cyanide Oxides; of Sodium in France (FOB) - 2022
  3. Imports of Cyanides and Cyanide Oxides; of Sodium in France
  4. Exports of Cyanides and Cyanide Oxides; of Sodium in France

Price for Cyanides and Cyanide Oxides; of Sodium in France (CIF) - 2023

In August 2023, the average import price for cyanides and cyanide oxides; of sodia amounted to $4,550 per ton, surging by 216% against the previous month. Overall, the import price saw buoyant growth. Over the period under review, average import prices reached the maximum at $5,072 per ton in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($4,590 per ton), while the price for Belgium totaled $2,742 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for cyanides and cyanide oxides; of sodia amounted to $4,617 per ton, jumping by 18% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 30%. As a result, the export price attained the peak level of $4,821 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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 Italy ($5,380 per ton), while the average price for exports to Spain ($2,579 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 Germany (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyanides and Cyanide Oxides; of Sodium in France

In 2022, the amount of cyanides and cyanide oxides; of sodia imported into France reached 6.2K tons, growing by 8.6% against 2021 figures. In general, imports, however, recorded a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 15%.

In value terms, imports of cyanides and cyanide oxides; of sodia surged to $8M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cyanides and Cyanide Oxides; of Sodium in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands4.22.94.26.515.7%
Germany1.11.11.01.22.9%
Others0.30.10.20.410.1%
Total5.64.15.58.012.6%

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

  1. Netherlands (5.8K tons)
  2. Germany (0.3K tons)

Exports of Cyanides and Cyanide Oxides; of Sodium in France

In 2022, approx. 133 tons of cyanides and cyanide oxides; of sodia were exported from France; which is down by -23.9% on the previous year. Over the period under review, exports recorded a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 56%. As a result, the exports reached the peak of 175 tons, and then reduced markedly in the following year.

In value terms, exports of cyanides and cyanide oxides; of sodia declined to $616K in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 54% against the previous year. As a result, the exports reached the peak of $687K, and then contracted in the following year.

Export of Cyanides and Cyanide Oxides; of Sodium in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy338256273273-6.9%
Hungary0.20.20.493.7676.7%
Vietnam14045.215181.7-16.4%
South Africa38.832.544.633.0-5.3%
Canada45.931.137.532.6-10.8%
Germany4.3N/A0.124.578.6%
Morocco2.07.120.416.0100.0%
Others51.374.816062.06.5%
Total620446687616-0.2%

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

  1. Italy (50.7 tons)
  2. Vietnam (24.3 tons)
  3. Hungary (20.0 tons)
  4. Germany (8.0 tons)
  5. Canada (7.2 tons)
  6. South Africa (6.8 tons)
  7. Morocco (4.2 tons)

Source: IndexBox Market Intelligence Platform

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