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

Contents:

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

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

In 2022, the average import price for cyanides and cyanide oxides; of sodia amounted to $3,287 per ton, rising by 48% against the previous year. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $3,480 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($3,377 per ton), while the price for South Korea ($1,754 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for cyanides and cyanide oxides; of sodia amounted to $3,845 per ton, jumping by 48% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cyanides and cyanide oxides; of sodia increased by +58.3% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mongolia ($5,000 per ton), while the average price for exports to Tajikistan stood at $3,595 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cyanides and Cyanide Oxides; of Sodium in Kazakhstan

After three years of growth, purchases abroad of cyanides and cyanide oxides; of sodia decreased by -11.4% to 17K tons in 2022. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 13%.

In value terms, imports of cyanides and cyanide oxides; of sodia surged to $57M in 2022. Over the period under review, total imports indicated a buoyant 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 +51.6% 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 Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia37.732.139.153.312.2%
South Korea1.04.63.41.411.9%
China0.90.20.21.313.0%
Georgia0.10.50.70.8100.0%
OthersN/AN/AN/AN/A0%
Total39.637.543.456.812.8%

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

  1. Russia (15.8K tons)
  2. South Korea (0.8K tons)
  3. China (0.4K tons)
  4. Georgia (0.3K tons)

Exports of Cyanides and Cyanide Oxides; of Sodium in Kazakhstan

In 2022, shipments abroad of cyanides and cyanide oxides; of sodia decreased by -17.1% to 4.1K tons, falling for the second year in a row after two years of growth. In general, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 8.4%. As a result, the exports reached the peak of 6.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cyanides and cyanide oxides; of sodia soared to $16M in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cyanides and Cyanide Oxides; of Sodium in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tajikistan7.54.65.412.217.6%
MongoliaN/AN/AN/A3.60%
Russia4.610.67.5N/A27.7%
Kyrgyzstan2.20.6N/AN/A-72.7%
OthersN/AN/AN/AN/A0%
Total14.315.712.815.83.4%

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

  1. Tajikistan (3.4K tons)
  2. Mongolia (0.7K tons)

Source: IndexBox Market Intelligence Platform

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