MERCOSUR: Market for Cyanides, Cyanide Oxides And Complex Cyanides 2024

Market Size for Cyanides, Cyanide Oxides And Complex Cyanides in MERCOSUR

The MERCOSUR cyanides and cyanide oxides market soared to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Cyanides, Cyanide Oxides And Complex Cyanides in MERCOSUR

In value terms, cyanides and cyanide oxides production skyrocketed to $X in 2022 estimated in export price. In general, production recorded a significant expansion. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Cyanides, Cyanide Oxides And Complex Cyanides

Exports in MERCOSUR

Cyanides and cyanide oxides exports rose significantly to X tons in 2022, picking up by X% against the previous year. Over the period under review, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, cyanides and cyanide oxides exports soared to $X in 2022. In general, exports posted a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

In 2022, Brazil (X tons) represented the major exporter of cyanides, cyanide oxides and complex cyanides, achieving X% of total exports. Peru (X tons) ranks second in terms of the total exports with a X% share, followed by Colombia (X%). Chile (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cyanides and cyanide oxides exports from Brazil stood at X%. At the same time, Colombia (X%), Peru (X%) and Chile (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. While the share of Peru (X p.p.) and Colombia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest cyanides and cyanide oxides supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Peru ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

In Brazil, cyanides and cyanide oxides exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Peru (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, showed a deep reduction. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Cyanides, Cyanide Oxides And Complex Cyanides

Imports in MERCOSUR

In 2022, cyanides and cyanide oxides imports in MERCOSUR totaled X tons, growing by X% against the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, cyanides and cyanide oxides imports soared to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Peru was the major importer of cyanides, cyanide oxides and complex cyanides in MERCOSUR, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. Argentina (X tons) held the second position in the ranking, followed by Chile (X tons), Suriname (X tons), Colombia (X tons) and Ecuador (X tons). All these countries together held near X% share of total imports. Brazil (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to cyanides and cyanide oxides imports into Peru stood at X%. At the same time, Colombia (X%), Suriname (X%), Argentina (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Chile (X%) and Brazil (X%) illustrated a downward trend over the same period. Peru (X p.p.), Argentina (X p.p.), Suriname (X p.p.) and Colombia (X p.p.) significantly strengthened its position in terms of the total imports, while Brazil and Chile saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Peru ($X) constitutes the largest market for imported cyanides, cyanide oxides and complex cyanides in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with an X% share of total imports. It was followed by Suriname, with a X% share.

In Peru, cyanides and cyanide oxides imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Suriname (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, saw a slight descent. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Suriname ($X per ton) and Brazil ($X per ton), while Peru ($X per ton) and Colombia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Suriname (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform