Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in China - 2024
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in China (CIF) - 2024
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in China (FOB) - 2022
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in China
- Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in China
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in China (CIF) - 2024
The average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $2,553 per ton in December 2023, declining by -5.2% against the previous month. Overall, the import price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 39% against the previous month. As a result, import price attained the peak level of $4,297 per ton. From June 2023 to December 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was South Korea ($2,794 per ton), while the price for Mexico ($2,278 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Mexico (+1.9%), while the prices for the other major suppliers experienced a decline.
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in China (FOB) - 2022
The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $3,690 per ton in 2022, increasing by 20% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs increased by +76.9% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 48% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($4,937 per ton), while the average price for exports to Italy ($3,681 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 India (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in China
In 2022, the amount of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs imported into China shrank notably to 32K tons, falling by -17.4% compared with the previous year's figure. Over the period under review, imports saw a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 41% against the previous year.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs expanded significantly to $124M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 38.5 | N/A | N/A | 61.9 | 17.2% |
| United Arab Emirates | 26.5 | 39.4 | 74.5 | 24.3 | -2.8% |
| South Korea | 19.7 | 13.0 | 18.2 | 17.5 | -3.9% |
| Japan | 10.0 | 8.5 | 10.9 | 7.2 | -10.4% |
| Thailand | 0.4 | 0.5 | 3.4 | 6.8 | 157.1% |
| United States | 2.3 | 2.0 | 2.4 | 3.6 | 16.1% |
| Others | 4.5 | 0.6 | 4.8 | 2.7 | -15.7% |
| Total | 102 | 64.0 | 114 | 124 | 6.7% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc to China in 2022:
- Turkey (15.1K tons)
- United Arab Emirates (6.4K tons)
- South Korea (4.6K tons)
- Thailand (2.1K tons)
- Japan (2.0K tons)
- United States (0.8K tons)
Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in China
In 2022, overseas shipments of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by -27.2% to 106 tons, falling for the second consecutive year after two years of growth. In general, exports saw a sharp setback. The pace of growth was the most pronounced in 2020 when exports increased by 75% against the previous year. As a result, the exports reached the peak of 1.8K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs dropped to $390K in 2022. Overall, exports saw a precipitous shrinkage. The growth pace was the most rapid in 2020 with an increase of 56% against the previous year. As a result, the exports attained the peak of $3.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 375 | 0% |
| Nigeria | N/A | N/A | 15.2 | 13.8 | -9.2% |
| Malaysia | N/A | 412 | N/A | N/A | 0% |
| Singapore | N/A | 449 | N/A | N/A | 0% |
| Taiwan (Chinese) | 2,307 | 2,822 | 277 | N/A | -65.3% |
| Others | 61.6 | 19.1 | 156 | 1.7 | -69.8% |
| Total | 2,368 | 3,702 | 448 | 390 | -45.2% |
Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc from China in 2022:
- Italy (101.8 tons)
- Nigeria (3.6 tons)
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Zinc imports experienced a sharp rise to $61M in April 2023 in terms of value.
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Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
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In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
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In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
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In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
358
Zinc imports experienced a sharp rise to $61M in April 2023 in terms of value.
223
Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
2072
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
825
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
629
In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
