Price for Cyanides and Cyanide Oxides; of Sodium in Sri Lanka - 2022

Contents:

  1. Price for Cyanides and Cyanide Oxides; of Sodium in Sri Lanka (CIF) - 2022
  2. Imports of Cyanides and Cyanide Oxides; of Sodium in Sri Lanka

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

The average import price for cyanides and cyanide oxides; of sodia stood at $5,181 per ton in 2022, jumping by 151% against the previous year. In general, the import price showed modest growth. As a result, import price attained 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 Japan ($35,625 per ton), while the price for India amounted to $2,026 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-7.3%).

Imports of Cyanides and Cyanide Oxides; of Sodium in Sri Lanka

In 2022, supplies from abroad of cyanides and cyanide oxides; of sodia decreased by -24.7% to 426 kg, falling for the second year in a row after two years of growth. Over the period under review, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 87% against the previous year. As a result, imports reached the peak of 3 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cyanides and cyanide oxides; of sodia skyrocketed to $2.2K in 2022. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year. As a result, imports reached the peak of $6.3K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Cyanides and Cyanide Oxides; of Sodium in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A1.40%
India3.30.41.20.8-37.6%
United StatesN/A6.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.36.31.22.2-12.6%

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

  1. India (386.0 kg)
  2. Japan (40.0 kg)

Source: IndexBox Market Intelligence Platform

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