Sodium Cyanide

The sodium cyanide market size is expected to expand steadily until 2022, driven by demand from the mining sector. The market growth, in terms of volume, is higher than that of the growth, in terms of dollar value, mainly due to the prevailing excess supply.

Beroe LiVE.Ai™

AI-powered self-service platform for all your sourcing decision needs across 1,600+ categories llike Sodium Cyanide.

Market Data, Sourcing & Supplier Intelligence, and Price & Cost Benchmarking.

Schedule a Demo

Sodium Cyanide Market Monitoring Dashboard

Supply Demand

Understand the correlation between costs, margins, and prices impacting your category on a real time basis on Beroe LiVE.Ai™

Sodium Cyanide Industry Benchmarks

Savings Achieved

(in %)

The average annual savings achieved in Sodium Cyanide category is 3.30%

Payment Terms

(in days)

The industry average payment terms in Sodium Cyanide category for the current quarter is 96.0 days

Compare your category performance against peers and industry benchmarks across 20+ parameters on Beroe LiVE.Ai™

Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length


Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk



Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

Meet Abi

The World’s first Digital Market Analyst

    Schedule a Demo
    Meet Abi

    The World’s first Digital Market Analyst

    Abi, the AI-powered digital assistant brings together data, insights, and intelligence for faster answers to sourcing questions

    Sodium Cyanide Suppliers

    Total Suppliers
    Diverse Suppliers
    Normalized Supplier Rating
    Sodium Cyanide Supplier

    Find the right-fit sodium cyanide supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Jackson, Mississipi
    Duns number

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Creditsafe Rating


    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    A 71 - 100

    Very Low Risk

    B 51 - 70

    Low Risk

    C 30 - 50

    Moderate Risk

    D 21 - 29

    High Risk

    E 0 - 20

    Not Rated

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance

    Robust (1)
    ESG Perfomance (/100)
    6 Domains Performance (/100)
    Business behaviour
    Human rights
    Community Environment
    Corporate governance
    Human resources
    Security Scorecard

    Threat indicators
    Network Security
    Detecting insecure network settings
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    Application Security
    Detecting common website application vulnerbilities
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    Industry average
    Adverse Media Appearances
    Environmental Issues
    Workforce Health Safety Issues
    Product Service Issues
    Human Rights Issues
    Production Supply Chain Issues
    Environmental Non Compliance Flags
    Corruption Issues
    Regulatory Non Compliance Flags
    Fraud Issues
    Labor Health Safety Flags
    Regulatory Issues
    Workforce Disputes
    esg energy transition
    Discrimination Workforce Rights Issues
    esg controversies critical severity

    Sodium Cyanide market frequently asked questions

    As per Beroe's analysis, 3 leading suppliers of sodium cyanide are Anhui Shuguang, Cyanco, and Hebei Chengxin.

    According to Beroe Inc, the two key players that rule the sodium cyanide market based on their production size are Europe and the Asia Pacific. Europe and Asia Pacific sodium cyanide market valuation stands at 1,04,000 MT and 6,10,000MT respectively with the bottom two places captured by Latin America at 17,000 MT and North America at 0.94 MT

    The widely used formulae for determining the industrial pricing of sodium cyanide is given by: Sodium Cyanide Price = Feedback Cost + Conversion Cost + Producer Margin It's interesting to note that the contract prices of sodium cyanide are fixed, based on the feedstock cost and the conversion involved in the manufacturing of resin.

    Since there's a considerable demand from the mining sector, the market size of sodium cyanide promises a steady growth until 2022. The market growth (in terms of volume) is greater than that of the growth of dollar value due to excess supply. Both South Korea and Australia are the leading sodium cyanide manufacturers who import the majority of their supplies to Africa. The general production cost of sodium cyanide is lower in the U.S. and Australia due to low raw material costs. Other than production cost, both utility cost and labor cost contribute about 9 ' 16 percent and 3 ' 7 percent of share respectively in the total production cost.

    Sodium Cyanide market report transcript

    Global Sodium Cyanide Market Outlook

    • The global sodium cyanide capacity stood at 911 Thousand MT during 2019. The market is oversupplied in major markets, like the US, Europe, and APAC
    • Capacity expansion is expected to increase in North America; however, in other regions, no such capacity expansions are expected

    Global Capacity–Demand Analysis

    Sodium cyanide demand from the gold mining industry constitutes only for approx. 7–8 percent of the total cyanide demand. Sodium cyanide is a low-volume buying downstream segment for both the caustic soda and ammonia markets.


    • The global sodium cyanide market was oversupplied with 456 Thousand MT of excess capacity in 2017.
    • About 55 percent of the new capacity expansion occurred in the US, while 42 percent occurred in APAC during 2014–2015.


    • The precious metal mining industry is expected to grow at a CAGR of 3–4 percent in Africa and 2–3 percent in the APAC and Oceania regions, facilitating a similar growth in sodium cyanide consumption.
    • Demand from these regions will serve as the key drivers for the global sodium cyanide trade.
    • The US mining industry is expected to increase marginally in the coming years, followed by favorable policy changes.

    sodium cyanide market


    Global Demand by Application

    • Mining industry buyers will continue to hold maximum bargaining potential, owing to a positive growth rate and high volume.
    • Demand from small-volume applications including, chemical intermediates and performance materials, is expected to remain on a higher note.
    • Demand growth for sodium cyanide from electroplating is expected to slow down, owing to the increasing awareness about its ill effects.

    Downstream Demand Outlook

    Mining Industry 

    • The mining industry will remain a key demand-driver for sodium cyanide across the globe.
    • Given the volume and better pricing received by sodium cyanide producers from the mining industry, industrial buyers hold maximum negotiation potential.


    • Sodium cyanide is been widely used by electroplating companies across the world for its better blending properties.
    • Sodium cyanide demand is expected to decrease, as it is being increasingly replaced by other product-specific substitutes.
    • There is increasing awareness about the harmful after-effects of sodium cyanide plating. So, demand from this industry is expected to be less.
    • Demand from other industries, like research, chemical intermediates, and performance additives, is expected to remain high.

    Industry Drivers and Constraints


    Mining Activity and Investment Markets

    • Increase in mining activity would mean an increase in demand for sodium cyanide
    • Any unfavorable movement in the cash market would increase the investment in gold and other precious metals. This, in turn, would increase the demand for sodium cyanide by manifold

    Environmental Regulations

    • Stringent environmental regulations have increased the production cost of sodium cyanide.
    • Regulations have impacted both the production and distribution of the material.
    • A recent example of Cyanco’s railroad building issue can be stated for an increase in regulations and awareness among the public about having a sodium cyanide supply chain in their vicinity.
    • The recent COVID-19 pandemic has negatively affected the global sodium cyanide market. This is in line with the negative effect of the pandemic on various industries. However, the only sector where the use of sodium cyanide continues to be positive is the pharmaceuticals sector.

    Market Overview

    The global size of the sodium cyanide industry is expected to expand steadily through 2022, primarily driven by demand from the mining sector. The market growth, in terms of volume, is higher compared to that of the growth, in terms of dollar value, mainly owing to prevailing excess supply. The majority of sodium cyanide imports to Africa come from South Korea and Australia, which are basically AGA trade routes.  

    The production cost of sodium cyanide is lower in the US and Australia compared to other regions, given the presence of low-cost raw materials such as hydrogen cyanide. Utility cost accounts for about 9-16% of the total sodium cyanide cost production and labor cost accounts for about 3-7%. Further, the global sodium cyanide market is highly consolidated with key four players holding nearly 50% of the capacity share.

    Why You Should Buy This Report

    The report gives the global and regional market outlook, supply-demand trend analysis, and Porter’s five force report of areas like North America, Europe, and Asia. It lists out the sodium cyanide industry drivers and constraints, as well as about sodium cyanide price, and provides the cost structure analysis of sodium cyanide. It gives supplier profile and SWOT analysis of key global players like Anhui Shuguang Chemical Group, Cyanco, Hebei Chengxin, and more.

    Latest: Reshoring May Lead to More High-End Manufacturing in the U.S. Read Now

    Read Now