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

Contents:

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

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

The average import price for cyanides, cyanide oxides and complex cyanideses stood at $2,698 per ton in 2022, increasing by 15% against the previous year. Over the period under review, the import price posted a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 178% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($3,462 per ton) and France ($2,839 per ton), while the price for India ($2,513 per ton) and the Netherlands ($2,697 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+326.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Libya

In 2022, approx. 8.3 tons of cyanides, cyanide oxides and complex cyanideses were imported into Libya; picking up by 6.1% compared with the previous year's figure. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +17.7% 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 +63.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 38%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses skyrocketed to $22K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.8% 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 +80.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Cyanides, Cyanide Oxides and Complex Cyanides in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands11.613.817.921.923.6%
France0.30.20.20.1-30.7%
Others0.40.40.30.3-9.1%
Total12.314.418.422.321.9%

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

  1. Netherlands (8.1 tons)

Source: IndexBox Market Intelligence Platform

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