Price for Zinc; Dust, Powders and Flakes in Colombia - 2022

Contents:

1. Price for Zinc; Dust, Powders and Flakes in Colombia (CIF) - 2022
2. Price for Zinc; Dust, Powders and Flakes in Colombia (FOB) - 2022
3. Imports of Zinc; Dust, Powders and Flakes in Colombia
4. Exports of Zinc; Dust, Powders and Flakes in Colombia

Price for Zinc; Dust, Powders and Flakes in Colombia (CIF) - 2022

The average import price for zinc; dust, powders and flakeses stood at $2,168 per ton in 2021, increasing by 26% against the previous year. Over the period under review, the import price recorded a measured expansion. The pace of growth appeared the most rapid in 2018 an increase of 89% against the previous year. Over the period under review, average import prices attained the maximum at $3,005 per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,941 per ton), while the price for Ecuador ($1,214 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Venezuela (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Dust, Powders and Flakes in Colombia (FOB) - 2022

The average export price for zinc; dust, powders and flakeses stood at $3,961 per ton in 2021, with an increase of 1.9% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 30% against the previous year. As a result, the export price attained the peak level of $5,647 per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($8,485 per ton), while the average price for exports to Peru amounted to $3,473 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+30.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Dust, Powders and Flakes in Colombia

After three years of growth, overseas purchases of zinc; dust, powders and flakeses decreased by -0.1% to 1.4K tons in 2022. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 25%.

In value terms, zinc; dust, powders and flakes imports fell to $2.6M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of $3M, and then shrank in the following year.

Top Suppliers of Zinc; Dust, Powders and Flakes to Colombia in 2022:

1. Mexico (655.0 tons)
2. Ecuador (328.5 tons)
3. Peru (193.5 tons)
4. United States (105.8 tons)
5. Belgium (72.9 tons)

Exports of Zinc; Dust, Powders and Flakes in Colombia

In 2022, the amount of zinc; dust, powders and flakeses exported from Colombia soared to 6.1 tons, jumping by 83% against the previous year's figure. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 332%. As a result, the exports reached the peak of 8.8 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, zinc; dust, powders and flakes exports soared to $24K in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 197%. As a result, the exports attained the peak of $34K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Zinc; Dust, Powders and Flakes from Colombia in 2022:

1. Peru (3.0 tons)
2. Ecuador (0.3 tons)

Source: IndexBox Market Intelligence Platform