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

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

The SADC cyanides and cyanide oxides market was estimated at $X in 2022, picking up by X% against the previous year. The total consumption indicated a tangible 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, consumption increased by X% against 2019 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Cyanides, Cyanide Oxides And Complex Cyanides in SADC

In value terms, cyanides and cyanide oxides production shrank slightly to $X in 2022 estimated in export price. In general, production, however, showed a noticeable decrease. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Cyanides, Cyanide Oxides And Complex Cyanides

Exports in SADC

In 2022, overseas shipments of cyanides, cyanide oxides and complex cyanides increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, cyanides and cyanide oxides exports soared to $X in 2022. Over the period under review, exports, however, saw a deep setback. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Mauritius represented the major exporter of cyanides, cyanide oxides and complex cyanides in SADC, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. South Africa (X tons) ranks second in terms of the total exports with a X% share, followed by Mozambique (X%). The following exporters - Zimbabwe (X tons) and Tanzania (X tons) - each resulted at a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to cyanides and cyanide oxides exports from Mauritius stood at X%. At the same time, Mozambique (X%), Tanzania (X%) and Zimbabwe (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mauritius, Mozambique, Zimbabwe and Tanzania increased by X, X, X and X percentage points, respectively.

In value terms, the largest cyanides and cyanide oxides supplying countries in SADC were Mauritius ($X), South Africa ($X) and Mozambique ($X), with a combined X% share of total exports.

Mozambique, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Mozambique ($X per ton) and South Africa ($X per ton), while Tanzania ($X per ton) and Mauritius ($X per ton) were amongst the lowest.

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

Imports of Cyanides, Cyanide Oxides And Complex Cyanides

Imports in SADC

In 2022, the amount of cyanides, cyanide oxides and complex cyanides imported in SADC was estimated at X tons, remaining relatively unchanged against the previous year. In general, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, cyanides and cyanide oxides imports soared to $X in 2022. Total imports indicated notable growth 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 2015 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Tanzania (X tons) represented the key importer of cyanides, cyanide oxides and complex cyanides, committing X% of total imports. Democratic Republic of the Congo (X tons) ranks second in terms of the total imports with a X% share, followed by Zimbabwe (X%), Namibia (X%) and South Africa (X%). Botswana (X tons) took a relatively small share of total imports.

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

In value terms, the largest cyanides and cyanide oxides importing markets in SADC were Tanzania ($X), Democratic Republic of the Congo ($X) and Zimbabwe ($X), together comprising X% of total imports.

Democratic Republic of the Congo, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price, however, showed a perceptible descent. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Botswana ($X per ton) and Zimbabwe ($X per ton), while Tanzania ($X per ton) and South Africa ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform