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

Contents:

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

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

The average import price for cyanides and cyanide oxides; of sodia stood at $3,825 per ton in 2022, with an increase of 29% against the previous year. Overall, the import price showed a temperate increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 113% against the previous year. As a result, import price reached the peak level of $6,460 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($4,012 per ton), while the price for Japan ($3,499 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Cyanides and Cyanide Oxides; of Sodium in Ireland

In 2022, overseas purchases of cyanides and cyanide oxides; of sodia decreased by -18.7% to 15 tons, falling for the second year in a row after two years of growth. In general, imports faced a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 60% against the previous year. As a result, imports reached the peak of 38 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cyanides and cyanide oxides; of sodia stood at $58K in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 55%. As a result, imports reached the peak of $106K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cyanides and Cyanide Oxides; of Sodium in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A98.347.936.9-38.7%
United Kingdom54.61.97.818.2-30.7%
JapanN/AN/AN/A3.10%
Czech Republic13.75.5N/AN/A-59.9%
OthersN/AN/AN/AN/A0%
Total68.410655.758.2-5.2%

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

  1. Germany (9.8 tons)
  2. United Kingdom (4.5 tons)
  3. Japan (0.9 tons)

Source: IndexBox Market Intelligence Platform

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