Price for Cyanides and Cyanide Oxides; of Sodium in Portugal - 2023

Contents:

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

Price for Cyanides and Cyanide Oxides; of Sodium in Portugal (CIF) - 2022

The average import price for cyanides and cyanide oxides; of sodia stood at $4,425 per ton in 2022, with an increase of 7.1% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 24%. As a result, import price reached the peak level of $6,163 per ton. From 2020 to 2022, the average 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 Belgium ($14,000 per ton), while the price for Spain amounted to $4,415 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cyanides and Cyanide Oxides; of Sodium in Portugal (FOB) - 2022

In 2022, the average export price for cyanides and cyanide oxides; of sodia amounted to $7,625 per ton, standing approx. at the previous year. In general, the export price saw a significant expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 328% against the previous year. Over the period under review, the average export prices hit record highs at $16,000 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Angola amounted to +22.4% per year.

Imports of Cyanides and Cyanide Oxides; of Sodium in Portugal

In 2022, overseas purchases of cyanides and cyanide oxides; of sodia decreased by -3.4% to 2 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 545%. As a result, imports attained the peak of 3.9 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of cyanides and cyanide oxides; of sodia reached $8.6K in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 254% against the previous year. As a result, imports reached the peak of $13K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Cyanides and Cyanide Oxides; of Sodium in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2.88.28.38.645.4%
FranceN/A4.9N/AN/A0%
Others0.9N/AN/AN/A0%
Total3.713.18.38.632.5%

Top Suppliers of Cyanides and Cyanide Oxides; of Sodium to Portugal in 2022:

  1. Spain (1950.0 kg)

Exports of Cyanides and Cyanide Oxides; of Sodium in Portugal

In 2022, approx. 8 kg of cyanides and cyanide oxides; of sodia were exported from Portugal; approximately equating 2021. Overall, exports recorded a abrupt curtailment. The smallest decline of -30.8% was in 2020.

In value terms, exports of cyanides and cyanide oxides; of sodia totaled $61 in 2022. In general, exports saw a precipitous contraction. The growth pace was the most rapid in 2020 when exports increased by 18% against the previous year. As a result, the exports attained the peak of $144. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Cyanides and Cyanide Oxides; of Sodium in Portugal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
AngolaN/AN/AN/A61.00%
Germany12298.0N/AN/A-19.7%
OthersN/A46.0N/AN/A0%
Total122144N/A61.0-20.6%

Top Export Markets for Cyanides and Cyanide Oxides; of Sodium from Portugal in 2022:

  1. Angola (8.0 kg)

Source: IndexBox Market Intelligence Platform

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