Colombia - Cyanides, Cyanide Oxides And Complex Cyanides - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Colombia - Cyanides, Cyanide Oxides And Complex Cyanides - Market Analysis, Forecast, Size, Trends And Insights

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Price for Cyanides and Cyanide Oxides in Colombia - 2022

Contents:

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

Price for Cyanides and Cyanide Oxides in Colombia (CIF) - 2022

The average cyanides and cyanide oxides import price stood at $2,275 per ton in February 2022, reducing by -3.8% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2021 an increase of 21% m-o-m. The import price peaked at $2,470 per ton in December 2021; however, from January 2022 to February 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was the Czech Republic ($3,146 per ton), while the price for Australia ($2,013 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cyanides and Cyanide Oxides in Colombia (FOB) - 2022

The average cyanides and cyanide oxides export price stood at $2,946 per ton in 2022, growing by 2.8% against the previous year. In general, the export price, however, showed a abrupt downturn. The growth pace was the most rapid in 2016 when the average export price increased by 24%. The export price peaked at $6,409 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($6,688 per ton), while the average price for exports to Ecuador totaled $2,924 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+25.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cyanides and Cyanide Oxides in Colombia

For the fourth consecutive year, Colombia recorded growth in overseas purchases of cyanides, cyanide oxides and complex cyanides, which increased by 0.2% to 4.4K tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.8% 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 +85.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 42%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, cyanides and cyanide oxides imports reached $9.6M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Import of Cyanides and Cyanide Oxides in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia1.02.23.63.754.7%
South Korea3.83.43.23.5-2.7%
China1.11.52.02.124.1%
Others0.10.50.70.344.2%
Total6.17.59.59.616.3%

Top Suppliers of Cyanides and Cyanide Oxides to Colombia in 2022:

  1. Australia (2.1K tons)
  2. South Korea (1.4K tons)
  3. China (0.9K tons)

Exports of Cyanides and Cyanide Oxides in Colombia

In 2022, cyanides and cyanide oxides exports from Colombia expanded rapidly to 203 tons, surging by 10% against the previous year's figure. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -27.8% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 86% against the previous year. As a result, the exports attained the peak of 281 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cyanides and cyanide oxides exports totaled $597K in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -25.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 80%. As a result, the exports reached the peak of $800K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Cyanides and Cyanide Oxides in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador96.41.943558982.8%
Dominican Republic64.84.32.03.7-61.5%
Costa Rica50.32.22.53.5-58.9%
VenezuelaN/A79287.6N/A-88.9%
Peru233N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total44580052859710.3%

Top Export Markets for Cyanides and Cyanide Oxides from Colombia in 2022:

  1. Ecuador (201.6 tons)
  2. Dominican Republic (0.5 tons)
  3. Costa Rica (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cyanides and cyanide oxides in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20136220 - Cyanides, cyanide oxides and complex cyanides

Country coverage:

  • Colombia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Colombia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Colombia - Cyanides, Cyanide Oxides And Complex Cyanides - Market Analysis, Forecast, Size, Trends And Insights
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This report provides an in-depth analysis of the market for cyanides and cyanide oxides in Colombia.

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