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

Contents:

1. Price for Zinc; Dust, Powders and Flakes in Italy (CIF) - 2023
2. Price for Zinc; Dust, Powders and Flakes in Italy (FOB) - 2023
3. Imports of Zinc; Dust, Powders and Flakes in Italy
4. Exports of Zinc; Dust, Powders and Flakes in Italy

Price for Zinc; Dust, Powders and Flakes in Italy (CIF) - 2023

The average import price for zinc; dust, powders and flakeses stood at $4,467 per ton in June 2023, reducing by -4.7% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 20% m-o-m. The import price peaked at $5,676 per ton in February 2023; however, from March 2023 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Austria ($5,482 per ton), while the price for India ($3,615 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Zinc; Dust, Powders and Flakes in Italy (FOB) - 2023

The average export price for zinc; dust, powders and flakeses stood at $5,236 per ton in July 2023, surging by 33% against the previous month. In general, the export price recorded temperate growth. The pace of growth appeared the most rapid in November 2022 an increase of 129% month-to-month. Over the period under review, the average export prices reached the maximum at $7,433 per ton in May 2023; however, from June 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($6,549 per ton), while the average price for exports to Slovenia ($2,203 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Zinc; Dust, Powders and Flakes in Italy

For the third year in a row, Italy recorded decline in overseas purchases of zinc; dust, powders and flakeses, which decreased by -2.7% to 1.5K tons in 2022. Over the period under review, imports recorded a deep downturn.

In value terms, zinc; dust, powders and flakes imports skyrocketed to $7.7M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Belgium (845.3 tons)
2. Denmark (281.8 tons)
3. Saudi Arabia (92.6 tons)
4. Malaysia (62.7 tons)
5. Austria (59.8 tons)
6. Netherlands (43.6 tons)
7. India (40.0 tons)
8. France (34.6 tons)
9. Germany (12.3 tons)

Exports of Zinc; Dust, Powders and Flakes in Italy

For the third consecutive year, Italy recorded decline in shipments abroad of zinc; dust, powders and flakeses, which decreased by -27.2% to 475 tons in 2022. Overall, exports saw a sharp shrinkage. The smallest decline of -9% was in 2021.

In value terms, zinc; dust, powders and flakes exports rose rapidly to $2.1M in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

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

1. Belgium (250.9 tons)
2. Netherlands (249.9 tons)
3. Czech Republic (73.4 tons)
4. Poland (8.4 tons)

Source: IndexBox Market Intelligence Platform