Price for Cyanides and Cyanide Oxides; Other than of Sodium in Kuwait - 2022

Contents:

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

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

The average import price for cyanides and cyanide oxides; other than of sodia stood at $13,398 per ton in 2022, approximately equating the previous year. Overall, the import price saw a abrupt decline. The pace of growth appeared the most rapid in 2018 an increase of 141% against the previous year. The import price peaked at $39,981 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($193,000 per ton), while the price for Lebanon ($3,105 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 83 kg of cyanides and cyanide oxides; other than of sodia were imported into Kuwait; reducing by -7.8% compared with 2021. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 73% against the previous year. As a result, imports reached the peak of 90 kg, and then declined in the following year.

In value terms, imports of cyanides and cyanide oxides; other than of sodia fell to $1.1K in 2022. The total import value increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 26%.

Import of Cyanides and Cyanide Oxides; Other than of Sodium in Kuwait (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany45866065168314.2%
Lebanon76.015928523645.9%
India157N/AN/AN/A0%
Others10918928019321.0%
Total8001,0081,2161,11211.6%

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

  1. Lebanon (76.0 kg)
  2. Germany (6.0 kg)

Source: IndexBox Market Intelligence Platform

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