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

Contents:

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

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

The average import price for cyanides and cyanide oxides; of sodia stood at $2,979 per ton in 2022, falling by -26.8% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cyanides and cyanide oxides; of sodia decreased by -34.8% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 41% against the previous year. As a result, import price attained the peak level of $4,567 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +9.1% per year.

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

In 2022, the average export price for cyanides and cyanide oxides; of sodia amounted to $2,454 per ton, approximately reflecting the previous year. Overall, the export price saw a slight curtailment. Over the period under review, the average export prices attained the peak figure at $2,481 per ton in 2021, and then fell slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2021 to 2022, the rate of growth in terms of prices for Malaysia amounted to 0.0% per year.

Imports of Cyanides and Cyanide Oxides; of Sodium in Norway

In 2022, overseas purchases of cyanides and cyanide oxides; of sodia decreased by -90.4% to 576 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. As a result, imports reached the peak of 6 tons, and then contracted significantly in the following year.

In value terms, imports of cyanides and cyanide oxides; of sodia plummeted to $1.7K in 2022. Overall, imports faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, imports attained the peak of $24K, and then shrank dramatically in the following year.

Import of Cyanides and Cyanide Oxides; of Sodium in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.70.70.71.7-14.3%
Sweden0.37.511.6N/A521.8%
Denmark0.20.40.4N/A41.4%
Others8.46.611.9N/A19.0%
Total11.615.224.51.7-47.3%

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

  1. Germany (576.0 kg)

Exports of Cyanides and Cyanide Oxides; of Sodium in Norway

In 2022, the amount of cyanides and cyanide oxides; of sodia exported from Norway skyrocketed to 130 kg, with an increase of 23% on the year before. The total export volume increased at an average annual rate of +22.6% from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cyanides and cyanide oxides; of sodia surged to $319 in 2022. The total export value increased at an average annual rate of +21.3% over the period from 2021 to 2022; however, the trend pattern remained relatively stable, with only minor 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 Norway (USD)
COUNTRY20212022CAGR,
2021-2022
MalaysiaN/A3190%
Czech Republic132N/A0%
Others131N/A0%
Total26331921.3%

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

  1. Malaysia (130.0 kg)

Source: IndexBox Market Intelligence Platform

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