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

Contents:

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

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

The average import price for cyanides and cyanide oxides; of sodia stood at $3,698 per ton in 2022, jumping by 27% against the previous year. In general, the import price, however, continues to indicate a slight slump. Over the period under review, average import prices reached the maximum at $5,065 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 the Czech Republic ($3,961 per ton), while the price for China amounted to $2,955 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%).

Imports of Cyanides and Cyanide Oxides; of Sodium in Serbia

For the fourth consecutive year, Serbia recorded growth in supplies from abroad of cyanides and cyanide oxides; of sodia, which increased by 5.6% to 67 tons in 2022. The total import volume increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cyanides and cyanide oxides; of sodia soared to $249K in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cyanides and Cyanide Oxides; of Sodium in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic12613818419615.9%
ChinaN/AN/AN/A52.00%
Others1.82.00.6N/A-42.3%
Total12713918524925.2%

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

  1. Czech Republic (49.6 tons)
  2. China (17.6 tons)

Source: IndexBox Market Intelligence Platform

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