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Learn about the increasing demand for 1-cyanoguanidine (dicyandiamide) worldwide and the projected market growth over the next six years.
Dicyandiamide exports peaked in 2023 and are projected to continue growing in the future. The export value declined significantly to $146M in 2023.
Imports of Dicyandiamide peaked and are expected to keep growing in the near future, with a notable decrease in value to $91M in 2023.
From 2022 to 2023, the growth of Dicyandiamide imports remained somewhat lower, with a notable decline in value terms to $4.4M in 2023.
Dicyandiamide imports reached a peak of 1.9K tons before dropping significantly in the subsequent year. In terms of value, dicyandiamide imports saw a sharp decline to $4.9M in 2023.
From 2019 to 2023, the growth of imports for Dicyandiamide failed to regain momentum. In value terms, Dicyandiamide imports contracted rapidly to $25M in 2023.
In January 2023, Dicyandiamide experienced a rapid growth rate of 106% month-over-month. However, by October 2023, the value of dicyandiamide imports significantly declined to $5.7M.
During the review period, imports of dicyandiamide experienced a significant decrease. The value of dicyandiamide imports reached $670K in September 2023.
The pace of growth of Dicyandiamide imports was most rapid in April 2023, with a month-to-month increase of 297%. In terms of value, Dicyandiamide imports reached $805K in September 2023.
In July 2023, the price of Dicyandiamide in Brazil was $2,495 per ton (CIF), showing a decrease of 4.1% compared to the previous month.
In April 2023, the dicyandiamide price amounted to $3,530 per ton (CIF, US), shrinking by -9.4% against the previous month.
In February 2023, the dicyandiamide price amounted to $2,495 per ton (CIF, India), surging by 2.5% against the previous month.
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