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

Contents:

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

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

In 2022, the average export price for cyanides and cyanide oxides; of sodia amounted to $3,788 per ton, with an increase of 76% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cyanides and cyanide oxides; of sodia increased by +102.6% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Mauritania amounted to +0.9% per year.

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

The average import price for cyanides and cyanide oxides; of sodia stood at $3,144 per ton in 2022, growing by 24% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 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 years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($3,669 per ton) and Papua New Guinea ($2,962 per ton), while the price for New Zealand ($2,844 per ton) and China ($2,858 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Cyanides and Cyanide Oxides; of Sodium in Australia

In 2022, the amount of cyanides and cyanide oxides; of sodia exported from Australia fell markedly to 1K tons, reducing by -98.7% compared with the year before. In general, exports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 9.4%.

In value terms, exports of cyanides and cyanide oxides; of sodia shrank rapidly to $3.9M in 2022. Over the period under review, exports recorded a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 26%.

Export of Cyanides and Cyanide Oxides; of Sodium in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
DjiboutiN/AN/AN/A3.90%
Tanzania16.65.83.1N/A-56.8%
Argentina7.87.97.4N/A-2.6%
Cote d'Ivoire17.01.83.6N/A-54.0%
Peru44.037.736.1N/A-9.4%
Burkina Faso5.23.50.6N/A-66.0%
Papua New Guinea10.112.618.0N/A33.5%
Indonesia17.413.715.3N/A-6.2%
Turkey8.85.56.9N/A-11.5%
South Africa5.83.53.6N/A-21.2%
Saudi Arabia8.28.48.7N/A3.0%
Brazil6.48.510.7N/A29.3%
Ghana18.0N/AN/AN/A0%
Others17.824.454.5N/A75.0%
Total1831341693.9-72.3%

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

  1. Djibouti (1.0K tons)

Imports of Cyanides and Cyanide Oxides; of Sodium in Australia

After three years of growth, purchases abroad of cyanides and cyanide oxides; of sodia decreased by -90.7% to 146 tons in 2022. Over the period under review, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 353% against the previous year.

In value terms, imports of cyanides and cyanide oxides; of sodia dropped dramatically to $458K in 2022. Overall, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2020 when imports increased by 336% against the previous year.

Import of Cyanides and Cyanide Oxides; of Sodium in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Papua New GuineaN/A188N/A23912.8%
Japan162238181151-2.3%
China43.12301,09334.3-7.3%
New ZealandN/AN/A33.933.7-0.6%
IndonesiaN/AN/A2,681N/A0%
Others92.1640N/AN/A594.9%
Total2971,2963,99045815.5%

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

  1. Papua New Guinea (80.6 tons)
  2. Japan (41.2 tons)
  3. China (12.0 tons)
  4. New Zealand (11.9 tons)

Source: IndexBox Market Intelligence Platform

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