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

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

The Peruvian cyanides and cyanide oxides market skyrocketed to $X in 2022, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. Cyanides and cyanide oxides consumption peaked in 2022 and is expected to retain growth in years to come.

Exports of Cyanides, Cyanide Oxides And Complex Cyanides

Exports from Peru

In 2022, overseas shipments of cyanides, cyanide oxides and complex cyanides were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, cyanides and cyanide oxides exports skyrocketed to $X in 2022. In general, exports posted a significant expansion. 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 peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Bolivia (X tons), Argentina (X tons) and Nicaragua (X tons) were the main destinations of cyanides and cyanide oxides exports from Peru, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Nicaragua (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bolivia ($X) emerged as the key foreign market for cyanides, cyanide oxides and complex cyanides exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Bolivia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Chile (X% per year).

Export Prices by Country

The average cyanides and cyanide oxides export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, saw a deep contraction. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to Nicaragua ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cyanides, Cyanide Oxides And Complex Cyanides

Imports into Peru

In 2022, approx. X tons of cyanides, cyanide oxides and complex cyanides were imported into Peru; surging by X% compared with the previous year's figure. In general, total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, cyanides and cyanide oxides imports soared to $X in 2022. Overall, total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Australia (X tons), China (X tons) and South Korea (X tons) were the main suppliers of cyanides and cyanide oxides imports to Peru, together accounting for X% of total imports. The United States and Brazil lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), China ($X) and South Korea ($X) appeared to be the largest cyanides and cyanide oxides suppliers to Peru, together comprising X% of total imports. The United States and Brazil lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cyanides and cyanide oxides import price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the import price, however, showed a pronounced downturn. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Brazil ($X per ton) and South Korea ($X per ton), while the price for Australia ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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