Price for Zinc; Dust, Powders and Flakes in Egypt - 2023

Contents:

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

Price for Zinc; Dust, Powders and Flakes in Egypt (CIF) - 2022

The average import price for zinc; dust, powders and flakeses stood at $3,635 per ton in 2021, increasing by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2017 an increase of 25%. Over the period under review, average import prices reached the maximum at $3,904 per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Saudi Arabia ($3,633 per ton), while the price for Germany amounted to $3,608 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Dust, Powders and Flakes in Egypt (FOB) - 2022

In 2021, the average export price for zinc; dust, powders and flakeses amounted to $3,967 per ton, almost unchanged from the previous year. Overall, the export price saw pronounced growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 59% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Turkey ($3,692 per ton), while the average price for exports to South Korea stood at $3,692 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+34.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Dust, Powders and Flakes in Egypt

In 2022, overseas purchases of zinc; dust, powders and flakeses were finally on the rise to reach 516 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a pronounced slump.

In value terms, zinc; dust, powders and flakes imports surged to $2.3M in 2022. Over the period under review, imports continue to indicate a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Zinc; Dust, Powders and Flakes in Egypt (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Saudi ArabiaN/AN/A1,2440%
Germany8.09.219.857.3%
Norway720415N/A-42.4%
South Korea75.053.5N/A-28.7%
Malaysia462346N/A-25.1%
United States357288N/A-19.3%
South Africa35.124.3N/A-30.8%
Netherlands88.573.3N/A-17.2%
Others97.787.47.9-71.6%
Total1,8431,2971,271-17.0%

Top Suppliers of Zinc; Dust, Powders and Flakes to Egypt in 2022:

  1. Saudi Arabia (342.3 tons)
  2. Germany (5.5 tons)

Exports of Zinc; Dust, Powders and Flakes in Egypt

After two years of decline, overseas shipments of zinc; dust, powders and flakeses decreased by -83.5% to 39 tons in 2022. Over the period under review, exports, however, continue to indicate a buoyant expansion.

In value terms, zinc; dust, powders and flakes exports reduced sharply to $188K in 2022. Overall, exports, however, continue to indicate a significant expansion.

Export of Zinc; Dust, Powders and Flakes in Egypt (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Turkey126276880164.3%
South Korea10.724.765.5147.4%
Belgium52.2112N/A114.6%
India21.243.0N/A102.8%
Saudi Arabia74.8365N/A388.0%
Others-242.6-821.3N/A238.5%
Total42.2N/A946373.5%

Top Export Markets for Zinc; Dust, Powders and Flakes from Egypt in 2022:

  1. Turkey (238.4 tons)
  2. South Korea (17.7 tons)

Source: IndexBox Market Intelligence Platform

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