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

Contents:

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

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

In 2022, the average export price for zinc; dust, powders and flakeses amounted to $2,957 per ton, which is down by -23% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc; dust, powders and flakes export price increased by +7.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 54%. The export price peaked at $3,840 per ton in 2021, and then declined markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($4,666 per ton), while the average price for exports to the UK ($518 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 Argentina (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for zinc; dust, powders and flakeses stood at $4,225 per ton in 2022, dropping by -5.1% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 76%. As a result, import price attained the peak level of $4,451 per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,985 per ton), while the price for Kenya ($1,829 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zinc; Dust, Powders and Flakes in South Africa

After two years of decline, shipments abroad of zinc; dust, powders and flakeses increased by 19% to 1K tons in 2022. Over the period under review, exports, however, recorded a precipitous decrease.

In value terms, zinc; dust, powders and flakes exports shrank to $3M in 2022. In general, exports, however, faced a dramatic decline.

Export of Zinc; Dust, Powders and Flakes in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina2,3142,9583,1522,5182.9%
ChinaN/AN/AN/A2340%
Nigeria17712375.02024.5%
United KingdomN/AN/A14.720.740.8%
Namibia3,157453N/A0.1-96.8%
Peru440194N/AN/A-55.9%
Others13613329.714.4-52.7%
Total6,2233,8623,2722,989-21.7%

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

  1. Argentina (539.7 tons)
  2. China (378.9 tons)
  3. Nigeria (49.9 tons)
  4. United Kingdom (40.0 tons)
  5. Namibia (0.1 tons)

Imports of Zinc; Dust, Powders and Flakes in South Africa

In 2022, imports of zinc; dust, powders and flakeses into South Africa surged to 136 tons, growing by 99% on 2021. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, zinc; dust, powders and flakes imports skyrocketed to $576K in 2022. Overall, imports showed significant growth. 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 South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia81.0N/A22937566.7%
Malaysia40.8N/AN/A69.119.2%
KenyaN/AN/AN/A45.80%
CanadaN/A0.1N/A40.91922.4%
United States1.41.42.335.7194.3%
United Kingdom57.038.23.15.5-54.1%
India1.11931.70.6-18.3%
Zimbabwe29.2N/AN/AN/A0%
Others8.217.869.23.4-25.4%
Total21925030657638.0%

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

  1. Saudi Arabia (88.3 tons)
  2. Kenya (25.1 tons)
  3. Malaysia (12.0 tons)
  4. Canada (6.5 tons)
  5. United States (3.0 tons)
  6. United Kingdom (0.8 tons)
  7. India (0.1 tons)

Source: IndexBox Market Intelligence Platform

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