Price for Zinc; Dust, Powders and Flakes in India - 2023

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

The average export price for zinc; dust, powders and flakeses stood at $3,901 per ton in 2022, with an increase of 18% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc; dust, powders and flakes export price increased by +74.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 47%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Belgium ($4,299 per ton) and Vietnam ($4,110 per ton), while the average price for exports to Taiwan (Chinese) ($3,048 per ton) and Thailand ($3,725 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for zinc; dust, powders and flakeses stood at $3,128 per ton in 2022, increasing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2017 an increase of 22%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($4,290 per ton), while the price for Saudi Arabia ($2,458 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zinc; Dust, Powders and Flakes in India

In 2022, zinc; dust, powders and flakes exports from India soared to 5.3K tons, rising by 24% against 2021 figures. The total export volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, zinc; dust, powders and flakes exports soared to $21M in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Zinc; Dust, Powders and Flakes in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	N/A	N/A	N/A	3.6	0%
Turkey	1.9	1.7	1.8	2.9	15.1%
United Arab Emirates	2.6	1.7	1.3	2.5	-1.3%
Indonesia	1.0	1.4	1.8	2.5	35.7%
Vietnam	0.2	0.8	1.1	2.2	122.4%
Taiwan (Chinese)	0.3	0.4	1.5	1.9	85.0%
Belgium	0.1	N/A	1.6	1.7	157.1%
Australia	0.5	0.4	0.3	0.2	-26.3%
Thailand	0.7	0.8	1.2	0.1	-47.7%
China	0.1	0.1	N/A	N/A	0.0%
Algeria	0.9	N/A	N/A	N/A	0%
Others	2.8	1.8	3.5	3.0	2.3%
Total	11.1	9.1	14.1	20.6	22.9%

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

Canada (892.6 tons)
Turkey (739.9 tons)
United Arab Emirates (645.7 tons)
Taiwan (Chinese) (639.8 tons)
Indonesia (638.6 tons)
Vietnam (536.1 tons)
Belgium (384.0 tons)
Australia (40.0 tons)
Thailand (40.0 tons)

Imports of Zinc; Dust, Powders and Flakes in India

In 2022, zinc; dust, powders and flakes imports into India totaled 4K tons, growing by 3.3% against 2021. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 17%.

In value terms, zinc; dust, powders and flakes imports skyrocketed to $12M in 2022. In general, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +4.8% 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 +65.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Zinc; Dust, Powders and Flakes in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	1,487	1,393	2,801	2,567	20.0%
Malaysia	4,219	2,383	1,947	2,314	-18.1%
United States	897	887	1,052	1,707	23.9%
Oman	215	101	N/A	909	61.7%
Taiwan (Chinese)	500	366	482	733	13.6%
Thailand	470	583	366	688	13.5%
Saudi Arabia	52.0	N/A	336	653	132.4%
Netherlands	N/A	157	467	641	102.1%
South Korea	719	167	244	209	-33.8%
Belgium	923	278	410	177	-42.3%
Others	1,345	1,223	2,029	1,876	11.7%
Total	10,827	7,537	10,134	12,475	4.8%