Zinc Dust Price in South Africa - 2023

Contents:

  1. Zinc Dust Price in South Africa (FOB) - 2022
  2. Zinc Dust Price in South Africa (CIF) - 2022
  3. Zinc Dust Exports in South Africa
  4. Zinc Dust Imports in South Africa

Zinc Dust Price in South Africa (FOB) - 2022

The average zinc dust export price stood at $2,950 per ton in 2022, which is down by -22.9% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc dust export price increased by +6.0% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 55%. The export price peaked at $3,829 per ton in 2021, and then declined rapidly in the following year.

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 Argentina ($4,666 per ton), while the average price for exports to the UK ($518 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 Argentina (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Dust Price in South Africa (CIF) - 2022

The average zinc dust import price stood at $3,705 per ton in 2022, with an increase of 3.8% against the previous year. Over the period under review, the import price posted a pronounced increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 1,763% against the previous year. As a result, import price attained the peak level of $64,000 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 India ($7,803 per ton), while the price for Canada ($1,665 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Zinc Dust Exports in South Africa

In 2022, shipments abroad of zinc dusts was finally on the rise to reach 1K tons after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt decline.

In value terms, zinc dust exports dropped to $3M in 2022. Overall, exports, however, faced a dramatic downturn.

Export of Zinc Dust in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina2,2462,9583,1522,5183.9%
ChinaN/AN/AN/A2340%
Nigeria17712375.02024.5%
United KingdomN/AN/A14.720.740.8%
Peru440194N/AN/A-55.9%
Namibia2,972453N/AN/A-84.8%
Others11567.12.92.5-72.1%
Total5,9493,7953,2452,977-20.6%

Top Export Markets for Zinc Dust from South Africa in 2022:

  1. Argentina (539.7 tons)
  2. China (378.9 tons)
  3. Nigeria (49.9 tons)
  4. United Kingdom (40.0 tons)

Zinc Dust Imports in South Africa

In 2022, the amount of zinc dusts imported into South Africa skyrocketed to 142 tons, increasing by 116% against the previous year's figure. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, zinc dust imports surged to $527K in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Zinc Dust in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia81.0N/A22937566.7%
Malaysia40.8N/AN/A69.119.2%
CanadaN/AN/AN/A40.90%
United States1.3N/A0.734.9199.4%
India1.11921.70.6-18.3%
Others0.70.13.26.1105.8%
Total12519323552761.5%

Top Suppliers of Zinc Dust to South Africa in 2022:

  1. Saudi Arabia (88.3 tons)
  2. Canada (24.6 tons)
  3. United States (16.4 tons)
  4. Malaysia (12.0 tons)
  5. India (0.1 tons)

Source: IndexBox Market Intelligence Platform

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