Price for Cyanides and Cyanide Oxides; Other than of Sodium in Colombia - 2022

Contents:

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

Price for Cyanides and Cyanide Oxides; Other than of Sodium in Colombia (CIF) - 2022

In 2022, the average import price for cyanides and cyanide oxides; other than of sodia amounted to $10,739 per ton, jumping by 42% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% 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; other than of sodia increased by +17.5% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 52% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 France ($12,880 per ton), while the price for Germany ($5,108 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cyanides and Cyanide Oxides; Other than of Sodium in Colombia (FOB) - 2022

The average export price for cyanides and cyanide oxides; other than of sodia stood at $12,034 per ton in 2022, declining by -16.3% against the previous year. Overall, the export price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 155% against the previous year. As a result, the export price reached the peak level of $28,434 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -0.4% per year.

Imports of Cyanides and Cyanide Oxides; Other than of Sodium in Colombia

In 2022, supplies from abroad of cyanides and cyanide oxides; other than of sodia decreased by -28.7% to 28 tons, falling for the second year in a row after two years of growth. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 222%. As a result, imports reached the peak of 49 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cyanides and cyanide oxides; other than of sodia amounted to $306K in 2022. Over the period under review, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 131%. As a result, imports attained the peak of $322K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cyanides and Cyanide Oxides; Other than of Sodium in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea10820918523229.0%
Czech RepublicN/A10536.529.4-47.1%
FranceN/AN/AN/A28.30%
Germany25.75.071.42.6-53.4%
Others5.13.38.414.140.4%
Total13932230130630.1%

Top Suppliers of Cyanides and Cyanide Oxides; Other than of Sodium to Colombia in 2022:

  1. South Korea (20.5 tons)
  2. Czech Republic (4.8 tons)
  3. France (2.2 tons)
  4. Germany (0.5 tons)

Exports of Cyanides and Cyanide Oxides; Other than of Sodium in Colombia

In 2022, exports of cyanides and cyanide oxides; other than of sodia from Colombia fell notably to 525 kg, shrinking by -30% on 2021 figures. Overall, exports continue to indicate a slight downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 150% against the previous year. As a result, the exports reached the peak of 750 kg, and then shrank significantly in the following year.

In value terms, exports of cyanides and cyanide oxides; other than of sodia declined notably to $6.3K in 2022. Over the period under review, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 479% against the previous year. As a result, the exports reached the peak of $11K, and then declined dramatically in the following year.

Export of Cyanides and Cyanide Oxides; Other than of Sodium in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador2.91.92.56.329.5%
Peru7.0N/AN/AN/A0%
VenezuelaN/AN/A8.3N/A0%
OthersN/AN/AN/AN/A0%
Total9.91.910.86.3-14.0%

Top Export Markets for Cyanides and Cyanide Oxides; Other than of Sodium from Colombia in 2022:

  1. Ecuador (525.0 kg)

Source: IndexBox Market Intelligence Platform

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