Price for Cyanides, Cyanide Oxides and Complex Cyanides in New Zealand - 2024

Contents:

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

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

In 2022, the average import price for cyanides, cyanide oxides and complex cyanideses amounted to $2,903 per ton, increasing by 43% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $2,971 per ton in 2012; however, from 2013 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 ($38,723 per ton), while the price for China ($1,588 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 (+16.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for cyanides, cyanide oxides and complex cyanideses stood at $1,847 per ton in 2022, remaining stable against the previous year. In general, the export price showed a perceptible setback. The most prominent rate of growth was recorded in 2018 an increase of 61% against the previous year. As a result, the export price reached the peak level of $3,219 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($3,276 per ton), while the average price for exports to Australia amounted to $1,831 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+11.6%).

Imports of Cyanides, Cyanide Oxides and Complex Cyanides in New Zealand

In 2022, the amount of cyanides, cyanide oxides and complex cyanideses imported into New Zealand surged to 761 tons, with an increase of 45% compared with 2021. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses surged to $2.2M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (440.0 tons)
2. Australia (258.0 tons)
3. China (48.0 tons)
4. Japan (13.5 tons)

Exports of Cyanides, Cyanide Oxides and Complex Cyanides in New Zealand

For the fourth consecutive year, New Zealand recorded growth in overseas shipments of cyanides, cyanide oxides and complex cyanideses, which increased by 101% to 81 tons in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 303% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of cyanides, cyanide oxides and complex cyanideses soared to $150K in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 408%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. Australia (80.1 tons)

Source: IndexBox Market Intelligence Platform