Price for Cyanides, Cyanide Oxides and Complex Cyanides in Estonia - 2023

Contents:

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

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Estonia (CIF) - 2022

In 2022, the average import price for cyanides, cyanide oxides and complex cyanideses amounted to $47,469 per ton, picking up by 14% against the previous year. Overall, the import price continues to indicate significant growth. The pace of growth was the most pronounced in 2018 an increase of 155%. The import price peaked in 2022 and is likely to see steady 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 the United States ($241,950 per ton), while the price for Sweden ($42,788 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+64.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Estonia (FOB) - 2022

In 2022, the average export price for cyanides, cyanide oxides and complex cyanideses amounted to $355,333 per ton, picking up by 2,705% against the previous year. In general, the export price continues to indicate a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($937,000 per ton), while the average price for exports to Turkey amounted to $64,500 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Estonia

In 2022, supplies from abroad of cyanides, cyanide oxides and complex cyanideses decreased by -9.5% to 1.3 tons, falling for the second year in a row after two years of growth. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 19%. As a result, imports reached the peak of 1.6 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses reached $60K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 85%. As a result, imports reached the peak of $63K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cyanides, Cyanide Oxides and Complex Cyanides in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden28.857.050.251.321.2%
United States1.94.96.34.836.2%
Germany1.21.01.51.20.0%
Czech Republic1.50.10.10.9-15.7%
Others0.90.50.62.336.7%
Total34.363.458.760.520.8%

Top Suppliers of Cyanides, Cyanide Oxides and Complex Cyanides to Estonia in 2022:

  1. Sweden (1200.0 kg)
  2. United States (20.0 kg)
  3. Germany (19.0 kg)
  4. Czech Republic (18.0 kg)

Exports of Cyanides, Cyanide Oxides and Complex Cyanides in Estonia

In 2022, the amount of cyanides, cyanide oxides and complex cyanideses exported from Estonia amounted to 3 kg, remaining constant against the previous year. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of cyanides, cyanide oxides and complex cyanideses soared to $1.1K in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cyanides, Cyanide Oxides and Complex Cyanides in Estonia (USD)
COUNTRY20212022CAGR,
2021-2022
SwitzerlandN/A9370%
TurkeyN/A1290%
Netherlands38.0N/A0%
OthersN/AN/A0%
Total38.01,0662705.3%

Top Export Markets for Cyanides, Cyanide Oxides and Complex Cyanides from Estonia in 2022:

  1. Turkey (2.0 kg)
  2. Switzerland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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