Price for Cyanides and Cyanide Oxides; Other than of Sodium in New Zealand - 2023

Contents:

1. Price for Cyanides and Cyanide Oxides; Other than of Sodium in New Zealand (CIF) - 2022
2. Price for Cyanides and Cyanide Oxides; Other than of Sodium in New Zealand (FOB) - 2022
3. Imports of Cyanides and Cyanide Oxides; Other than of Sodium in New Zealand
4. Exports of Cyanides and Cyanide Oxides; Other than of Sodium in New Zealand

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

The average import price for cyanides and cyanide oxides; other than of sodia stood at $22,941 per ton in 2022, increasing by 652% against the previous year. Overall, the import price posted a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($41,507 per ton), while the price for Australia totaled $3,373 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+24.6%), while the prices for the other major suppliers experienced a decline.

Price for Cyanides and Cyanide Oxides; Other than of Sodium in New Zealand (FOB) - 2022

In 2022, the average export price for cyanides and cyanide oxides; other than of sodia amounted to $6,115 per ton, dropping by -77.4% against the previous year. Overall, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 370% against the previous year. As a result, the export price reached the peak level of $27,093 per ton, and then declined remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Fiji.

From 2012 to 2022, the rate of growth in terms of prices for Fiji amounted to -3.9% per year.

Imports of Cyanides and Cyanide Oxides; Other than of Sodium in New Zealand

For the third consecutive year, New Zealand recorded decline in overseas purchases of cyanides and cyanide oxides; other than of sodia, which decreased by -25.7% to 1.3 tons in 2022. Overall, imports continue to indicate a precipitous decrease. The smallest decline of -4.6% was in 2021.

In value terms, imports of cyanides and cyanide oxides; other than of sodia surged to $30K in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (673.0 kg)
2. Australia (630.0 kg)

Exports of Cyanides and Cyanide Oxides; Other than of Sodium in New Zealand

In 2022, shipments abroad of cyanides and cyanide oxides; other than of sodia decreased by -96.4% to 26 kg, falling for the second consecutive year after two years of growth. In general, exports showed a sharp descent. The pace of growth appeared the most rapid in 2020 when exports increased by 35%. As a result, the exports attained the peak of 4.3 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cyanides and cyanide oxides; other than of sodia reduced markedly to $159 in 2022. Over the period under review, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 36%. As a result, the exports attained the peak of $25K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Cyanides and Cyanide Oxides; Other than of Sodium from New Zealand in 2022:

1. Fiji (26.0 kg)

Source: IndexBox Market Intelligence Platform