Price for Zinc; Powders and Flakes in Singapore - 2022

Contents:

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

Price for Zinc; Powders and Flakes in Singapore (CIF) - 2022

The average zinc; powders and flakes import price stood at $7,381 per ton in 2022, rising by 74% against the previous year. Over the period under review, the import price saw a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($7,380 per ton), while the price for Germany totaled $6,752 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.7%).

Price for Zinc; Powders and Flakes in Singapore (FOB) - 2022

The average zinc; powders and flakes export price stood at $5,326 per ton in 2022, surging by 46% against the previous year. Over the period under review, the export price recorded a remarkable increase. The growth pace was the most rapid in 2018 when the average export price increased by 319% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($7,983 per ton), while the average price for exports to Indonesia ($2,168 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+30.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Zinc; Powders and Flakes in Singapore

In 2022, zinc; powders and flakes imports into Singapore declined significantly to 4.8K tons, shrinking by -35.2% compared with 2021. Overall, imports saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of 16%. As a result, imports attained the peak of 7.4K tons, and then contracted sharply in the following year.

In value terms, zinc; powders and flakes imports rose remarkably to $35M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +8.4% 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 +55.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 38%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Import of Zinc; Powders and Flakes in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium27.522.431.435.18.5%
Others0.30.30.10.30.0%
Total27.822.731.535.48.4%

Top Suppliers of Zinc; Powders and Flakes to Singapore in 2022:

  1. Belgium (4.8K tons)

Exports of Zinc; Powders and Flakes in Singapore

In 2022, approx. 18 tons of zinc; powders and flakeses were exported from Singapore; shrinking by -82.6% against the previous year's figure. Overall, exports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 278%. As a result, the exports attained the peak of 105 tons, and then reduced notably in the following year.

In value terms, zinc; powders and flakes exports plummeted to $97K in 2022. Over the period under review, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 when exports increased by 319% against the previous year. As a result, the exports reached the peak of $383K, and then fell rapidly in the following year.

Export of Zinc; Powders and Flakes in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines0.256.622458.7564.6%
China98.10.986.022.6-38.7%
United Arab Emirates58.927.636.210.0-44.6%
Malaysia43.0N/AN/A3.4-57.1%
Indonesia13.64.01.91.6-51.0%
India11.2N/A32.8N/A71.1%
Others11.72.52.60.7-60.9%
Total23791.538397.0-25.8%

Top Export Markets for Zinc; Powders and Flakes from Singapore in 2022:

  1. Philippines (11.8 tons)
  2. China (3.6 tons)
  3. United Arab Emirates (1.6 tons)
  4. Indonesia (0.7 tons)
  5. Malaysia (0.4 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Zinc; powders and flakes - Singapore