Complex Cyanides Price in Luxembourg - 2023

Contents:

  1. Complex Cyanides Price in Luxembourg (CIF) - 2022
  2. Complex Cyanides Imports in Luxembourg

Complex Cyanides Price in Luxembourg (CIF) - 2022

In 2022, the average complex cyanides import price amounted to $85,133 per ton, increasing by 28% against the previous year. Overall, the import price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2016 an increase of 104% against the previous year. The import price peaked at $107,949 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($218,543 per ton), while the price for Germany ($32,022 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Complex Cyanides Imports in Luxembourg

For the fourth year in a row, Luxembourg recorded growth in overseas purchases of complex cyanideses, which increased by 9.6% to 308 kg in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.1% 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 +64.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, complex cyanides imports surged to $26K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.0% 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 +60.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Complex Cyanides in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium12.717.218.618.914.2%
China3.5N/AN/A4.811.1%
NetherlandsN/AN/AN/A2.50%
Others0.10.1N/A0.10.0%
Total16.417.318.626.216.9%

Top Suppliers of Complex Cyanides to Luxembourg in 2022:

  1. Belgium (215.0 kg)
  2. Netherlands (68.0 kg)
  3. China (22.0 kg)

Source: IndexBox Market Intelligence Platform

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