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

Contents:

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

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

The average import price for cyanides and cyanide oxides; other than of sodia stood at $87,385 per ton in 2022, surging by 2.3% against the previous year. Overall, the import price showed a significant expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 67% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.

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 Arab Emirates ($94,417 per ton), while the price for the UK amounted to $3,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+69.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas purchases of cyanides and cyanide oxides; other than of sodia decreased by 0% to 13 kg, falling for the second year in a row after two years of growth. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 23% against the previous year. As a result, imports attained the peak of 16 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cyanides and cyanide oxides; other than of sodia rose slightly to $1.1K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.5% 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 decreased by -2.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 88% against the previous year. As a result, imports reached the peak of $1.2K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cyanides and Cyanide Oxides; Other than of Sodium in Oman (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates6149048821,13322.7%
United Kingdom4.05.04.03.0-9.1%
QatarN/A245225N/A-8.2%
TurkeyN/A7.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total6181,1611,1111,13622.5%

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

  1. United Arab Emirates (12.0 kg)
  2. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform

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