Price for Cyanides, Cyanide Oxides and Complex Cyanides in Venezuela - 2022

Contents:

  1. Price for Cyanides, Cyanide Oxides and Complex Cyanides in Venezuela (CIF) - 2022
  2. Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Venezuela

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

The average import price for cyanides, cyanide oxides and complex cyanideses stood at $2,700 per ton in 2022, increasing by 54% against the previous year. Overall, the import price saw a relatively flat trend pattern. The import price peaked at $3,839 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 ($11,824 per ton), while the price for China ($1,964 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Venezuela

Imports of cyanides, cyanide oxides and complex cyanideses into Venezuela skyrocketed to 1.6K tons in 2022, rising by 47% against 2021 figures. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 181%. As a result, imports reached the peak of 1.9K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses skyrocketed to $4.4M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 159%. As a result, imports attained the peak of $4.4M; afterwards, it flattened through to 2022.

Import of Cyanides, Cyanide Oxides and Complex Cyanides in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6931,8929221,76136.5%
Colombia77.369066.91,354159.7%
Brazil32298815448714.8%
United States3004213483434.6%
Czech Republic2242852892615.2%
South Korea75.011810812017.0%
Others15.325.362.077.671.8%
Total1,7084,4191,9504,40337.1%

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

  1. China (896.6 tons)
  2. Colombia (353.2 tons)
  3. Brazil (198.8 tons)
  4. Czech Republic (82.8 tons)
  5. South Korea (48.0 tons)
  6. United States (29.0 tons)

Source: IndexBox Market Intelligence Platform

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