Price for Zinc; Bars, Rods, Profiles and Wire in Kazakhstan - 2022

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Kazakhstan (FOB) - 2022
  2. Price for Zinc; Bars, Rods, Profiles and Wire in Kazakhstan (CIF) - 2022
  3. Exports of Zinc; Bars, Rods, Profiles and Wire in Kazakhstan
  4. Imports of Zinc; Bars, Rods, Profiles and Wire in Kazakhstan

Price for Zinc; Bars, Rods, Profiles and Wire in Kazakhstan (FOB) - 2022

The average export price for zinc; bars, rods, profiles and wires stood at $5,669 per ton in 2022, rising by 16% against the previous year. In general, the export price enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 34% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Kyrgyzstan.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +12.0% per year.

Price for Zinc; Bars, Rods, Profiles and Wire in Kazakhstan (CIF) - 2022

In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $1,544 per ton, stabilizing at the previous year. In general, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 54% against the previous year. The import price peaked at $2,055 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,969 per ton), while the price for Russia totaled $1,040 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.8%).

Exports of Zinc; Bars, Rods, Profiles and Wire in Kazakhstan

For the fourth year in a row, Kazakhstan recorded growth in shipments abroad of zinc; bars, rods, profiles and wires, which increased by 3.3% to 1.5K tons in 2022. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 3.3% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of zinc; bars, rods, profiles and wires skyrocketed to $8.5M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Zinc; Bars, Rods, Profiles and Wire in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kyrgyzstan4.95.97.18.520.2%
OthersN/AN/AN/AN/A0%
Total4.95.97.18.520.2%

Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Kazakhstan in 2022:

  1. Kyrgyzstan (1.5K tons)

Imports of Zinc; Bars, Rods, Profiles and Wire in Kazakhstan

Imports of zinc; bars, rods, profiles and wires into Kazakhstan soared to 177 tons in 2022, growing by 46% on the year before. In general, imports, however, showed a abrupt slump.

In value terms, imports of zinc; bars, rods, profiles and wires surged to $274K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.0% 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 +104.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Zinc; Bars, Rods, Profiles and Wire in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia11570.511518116.3%
United Kingdom68.151.168.446.6-11.9%
China30.74.61.11.3-65.1%
Others10.07.34.345.165.2%
Total2231331892747.1%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Kazakhstan in 2022:

  1. Russia (173.5 tons)
  2. United Kingdom (2.3 tons)
  3. China (0.4 tons)

Source: IndexBox Market Intelligence Platform

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