Price for Zinc; Dust, Powders and Flakes in Iran - 2021

Contents:

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

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

The average export price for zinc; dust, powders and flakeses stood at $3,280 per ton in 2022, increasing by 7.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2017 an increase of 24%. Over the period under review, the average export prices attained the maximum at $3,491 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($21,070 per ton), while the average price for exports to the United Arab Emirates ($2,809 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 Armenia (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for zinc; dust, powders and flakeses amounted to $6,538 per ton, picking up by 3.5% against the previous year. Over the period under review, the import price saw resilient growth. The growth pace was the most rapid in 2016 when the average import price increased by 97%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($22,714 per ton), while the price for Turkey totaled $5,350 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zinc; Dust, Powders and Flakes in Iran

After three years of growth, overseas shipments of zinc; dust, powders and flakeses decreased by -3.3% to 1.5K tons in 2022. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 134% against the previous year.

In value terms, zinc; dust, powders and flakes exports expanded slightly to $5.1M in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 110% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

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

1. Germany (667.9 tons)
2. Turkey (71.9 tons)
3. Poland (63.1 tons)
4. United Arab Emirates (41.7 tons)
5. Armenia (20.3 tons)

Imports of Zinc; Dust, Powders and Flakes in Iran

For the third consecutive year, Iran recorded decline in overseas purchases of zinc; dust, powders and flakeses, which decreased by -8.3% to 2.7 tons in 2022. Overall, imports recorded a dramatic downturn. The smallest decline of -8.3% was in 2021.

In value terms, zinc; dust, powders and flakes imports declined to $18K in 2022. Over the period under review, imports showed a sharp curtailment.

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

1. Turkey (2019.0 kg)
2. Germany (154.0 kg)

Source: IndexBox Market Intelligence Platform