Price for Cyanides and Cyanide Oxides; Other than of Sodium in Germany - 2023

Contents:

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

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

In 2022, the average import price for cyanides and cyanide oxides; other than of sodia amounted to $8,383 per ton, jumping by 23% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 +98.5% against 2017 indices. The pace of growth appeared the most rapid in 2020 an increase of 27% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($103,023 per ton), while the price for the Czech Republic ($6,169 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of cyanides and cyanide oxides; other than of sodia into Germany rose notably to 386 tons in 2022, increasing by 7.2% against the previous year. In general, imports, however, continue to indicate a pronounced downturn. The growth pace was the most rapid in 2021 when imports increased by 8.3% against the previous year.

In value terms, imports of cyanides and cyanide oxides; other than of sodia skyrocketed to $3.2M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +59.1% 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; Other than of Sodium in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic1,0649931,0821,46611.3%
France3.7463511840510.0%
Netherlands55.0555727768140.8%
Spain129N/A65.183.2-13.6%
South Korea5764.011.54.5-80.2%
Others20918.662.574.9-29.0%
Total2,0372,0342,4593,23716.7%

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

  1. Czech Republic (237.7 tons)
  2. Netherlands (73.1 tons)
  3. France (63.7 tons)
  4. Spain (6.5 tons)

Source: IndexBox Market Intelligence Platform

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