Price for Cyanides and Cyanide Oxides; Other than of Sodium in Japan - 2023
Contents:
- Price for Cyanides and Cyanide Oxides; Other than of Sodium in Japan (FOB) - 2023
- Price for Cyanides and Cyanide Oxides; Other than of Sodium in Japan (CIF) - 2022
- Exports of Cyanides and Cyanide Oxides; Other than of Sodium in Japan
- Imports of Cyanides and Cyanide Oxides; Other than of Sodium in Japan
Price for Cyanides and Cyanide Oxides; Other than of Sodium in Japan (FOB) - 2023
The average export price for cyanides and cyanide oxides; other than of sodia stood at $5,223 per ton in November 2023, growing by 13% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The pace of growth was the most pronounced in December 2022 when the average export price increased by 54% m-o-m. As a result, the export price attained the peak level of $6,165 per ton. From January 2023 to November 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In November 2023, the countries with the highest prices were South Korea ($5,643 per ton) and Taiwan (Chinese) ($5,102 per ton), while the average price for exports to the United States ($3,844 per ton) and Malaysia ($4,663 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cyanides and Cyanide Oxides; Other than of Sodium in Japan (CIF) - 2022
In 2022, the average import price for cyanides and cyanide oxides; other than of sodia amounted to $8,748 per ton, with a decrease of -1.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 400%. As a result, import price reached the peak level of $42,455 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to -0.7% per year.
Exports of Cyanides and Cyanide Oxides; Other than of Sodium in Japan
In 2022, shipments abroad of cyanides and cyanide oxides; other than of sodia decreased by -5.9% to 672 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 10%. As a result, the exports attained the peak of 714 tons, and then declined in the following year.
In value terms, exports of cyanides and cyanide oxides; other than of sodia dropped slightly to $3.2M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 27%. As a result, the exports reached the peak of $3.3M, and then reduced slightly in the following year.
| Export of Cyanides and Cyanide Oxides; Other than of Sodium in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 616 | 792 | 847 | 989 | 17.1% |
| China | 442 | 866 | 1,002 | 874 | 25.5% |
| United States | 369 | 349 | 350 | 414 | 3.9% |
| Malaysia | 257 | 124 | 271 | 316 | 7.1% |
| Thailand | 387 | 283 | 351 | 289 | -9.3% |
| Vietnam | 228 | 90.7 | 168 | 154 | -12.3% |
| Taiwan (Chinese) | 738 | 32.8 | 32.4 | 35.7 | -63.6% |
| Others | 255 | 67.6 | 287 | 131 | -19.9% |
| Total | 3,292 | 2,605 | 3,308 | 3,204 | -0.9% |
Top Export Markets for Cyanides and Cyanide Oxides; Other than of Sodium from Japan in 2022:
- China (234.1 tons)
- South Korea (184.7 tons)
- United States (99.9 tons)
- Thailand (58.4 tons)
- Malaysia (52.0 tons)
- Vietnam (24.2 tons)
- Taiwan (Chinese) (8.0 tons)
Imports of Cyanides and Cyanide Oxides; Other than of Sodium in Japan
In 2022, imports of cyanides and cyanide oxides; other than of sodia into Japan amounted to 92 tons, standing approx. at the previous year's figure. In general, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 64%.
In value terms, imports of cyanides and cyanide oxides; other than of sodia declined to $809K in 2022. Over the period under review, imports, however, showed a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 88% against the previous year.
| Import of Cyanides and Cyanide Oxides; Other than of Sodium in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,172 | 435 | 810 | 806 | -11.7% |
| Others | 102 | N/A | 5.7 | 3.5 | -67.5% |
| Total | 1,274 | 435 | 816 | 809 | -14.0% |
Top Suppliers of Cyanides and Cyanide Oxides; Other than of Sodium to Japan in 2022:
- South Korea (92.1 tons)
251
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This report provides an in-depth analysis of the global market for cyanides, cyanide oxides and complex cyanides.
251
This report provides an in-depth analysis of the market for cyanides and cyanide oxides in Japan.
434
This report provides an in-depth analysis of the market for cyanides, cyanide oxides and complex cyanides in Japan.
372
This report provides an in-depth analysis of the global market for cyanides and cyanide oxides.
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This report provides an in-depth analysis of the global market for cyanides, cyanide oxides and complex cyanides.
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In value terms, cyanides, cyanide oxides and complex cyanides exports amounted to $X in 2016. In general, cyanides, cyanide oxides and complex cyanides exports continue to indicate a prominent grow...
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In value terms, cyanides, cyanide oxides and complex cyanides imports totaled $X in 2016. Overall, cyanides, cyanide oxides and complex cyanides imports continue to indicate a prominent increase. Ove...
1288
In value terms, cyanides, cyanide oxides and complex cyanides exports amounted to $X in 2016. In general, cyanides, cyanide oxides and complex cyanides exports continue to indicate a prominent grow...
