Price for Zinc; Bars, Rods, Profiles and Wire in Pakistan - 2023
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in Pakistan (CIF) - 2022
- Imports of Zinc; Bars, Rods, Profiles and Wire in Pakistan
Price for Zinc; Bars, Rods, Profiles and Wire in Pakistan (CIF) - 2022
The average import price for zinc; bars, rods, profiles and wires stood at $3,655 per ton in 2022, declining by -2.4% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for zinc; bars, rods, profiles and wires increased by +15.7% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 40%. The import price peaked at $4,993 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($4,714 per ton), while the price for the United States ($511 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Zinc; Bars, Rods, Profiles and Wire in Pakistan
Imports of zinc; bars, rods, profiles and wires into Pakistan contracted to 66 tons in 2022, shrinking by -9.2% compared with 2021 figures. Overall, imports showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 70% against the previous year.
In value terms, imports of zinc; bars, rods, profiles and wires dropped to $240K in 2022. In general, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 101% against the previous year.
| Import of Zinc; Bars, Rods, Profiles and Wire in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 284 | 70.3 | 159 | 127 | -23.5% |
| United Arab Emirates | 0.3 | 0.1 | 21.0 | 36.9 | 397.3% |
| Canada | 8.6 | 4.1 | 30.9 | 27.4 | 47.1% |
| India | 52.0 | 30.9 | 27.4 | 19.7 | -27.6% |
| United Kingdom | 25.6 | 18.6 | 20.1 | 17.7 | -11.6% |
| Malaysia | 8.5 | 6.0 | 6.3 | 5.4 | -14.0% |
| United States | 4.0 | 1.4 | 3.0 | 2.7 | -12.3% |
| Others | 11.3 | 3.2 | 3.7 | 3.6 | -31.7% |
| Total | 394 | 135 | 271 | 240 | -15.2% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Pakistan in 2022:
- China (30.6 tons)
- Canada (8.2 tons)
- United Arab Emirates (7.8 tons)
- United States (5.3 tons)
- India (5.2 tons)
- United Kingdom (4.0 tons)
- Malaysia (3.9 tons)
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