In 2024, Mexico is the leading importer of cyanides with a significant import value of $226.55 million, demonstrating a 5.6% year-on-year increase from 2023 and a 3.4% CAGR over the last five years. Peru, Canada, and Turkey follow, showing moderate growth rates of 4.1%, 3.5%, and 2.8% respectively over the same period. Other notable importers include Russia and Ghana, showcasing more fluctuating import values with smaller growth trends.
Future trends to watch include potential shifts in geopolitical tensions, environmental regulations impacting cyanide use, and technological advancements in safer alternatives, which may influence import dynamics and volumes among these top importers.
Top countries in Top Importers of Cyanides
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Mexico | 226.55 | 2016 | |
| 2 | 2 Peru | 88.72 | 2016 | |
| 3 | 3 Canada | 63.34 | 2016 | |
| 4 | 4 Turkey | 38.29 | 2016 | |
| 5 | 5 Russia | 33.37 | 2016 | |
| 6 | 6 Ghana | 30.38 | 2016 | |
| 7 | 7 Chile | 24.83 | 2016 | |
| 8 | 8 Tanzania | 24.39 | 2016 | |
| 9 | 9 Egypt | 23.58 | 2016 | |
| 10 | 10 Indonesia | 21.26 | 2016 |