Price for Zinc; Dust, Powders and Flakes in South Korea - 2022
Contents:
- Price for Zinc; Dust, Powders and Flakes in South Korea (FOB) - 2022
- Price for Zinc; Dust, Powders and Flakes in South Korea (CIF) - 2022
- Exports of Zinc; Dust, Powders and Flakes in South Korea
- Imports of Zinc; Dust, Powders and Flakes in South Korea
Price for Zinc; Dust, Powders and Flakes in South Korea (FOB) - 2022
In 2021, the average export price for zinc; dust, powders and flakeses amounted to $2,448 per ton, picking up by 31% against the previous year. Overall, the export price, however, showed a mild downturn. The export price peaked at $2,771 per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Japan ($2,008 per ton) and Australia ($1,876 per ton), while the average price for exports to Morocco ($1,576 per ton) and Vietnam ($1,609 per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.0%), while the prices for the other major destinations experienced a decline.
Price for Zinc; Dust, Powders and Flakes in South Korea (CIF) - 2022
The average import price for zinc; dust, powders and flakeses stood at $2,794 per ton in 2021, with an increase of 27% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,138 per ton), while the price for Saudi Arabia ($798 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Zinc; Dust, Powders and Flakes in South Korea
In 2022, the amount of zinc; dust, powders and flakeses exported from South Korea fell to 16K tons, dropping by -13.4% on 2021 figures. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 36%. As a result, the exports attained the peak of 18K tons, and then dropped in the following year.
In value terms, zinc; dust, powders and flakes exports contracted markedly to $35M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 79% against the previous year. As a result, the exports attained the peak of $45M, and then dropped remarkably in the following year.
| Export of Zinc; Dust, Powders and Flakes in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 6.4 | 8.7 | 9.1 | 19.2% | |
| Japan | 4.4 | 2.3 | 7.1 | 27.0% | |
| Vietnam | 1.9 | 3.5 | 2.6 | 17.0% | |
| Taiwan (Chinese) | 8.4 | 4.7 | 2.5 | -45.4% | |
| Russia | 2.1 | 1.6 | 1.5 | -15.5% | |
| Australia | 1.3 | 1.6 | 1.3 | 0.0% | |
| Morocco | 0.9 | 0.7 | 0.6 | -18.4% | |
| Others | 2.3 | 2.0 | 20.2 | 196.4% | |
| Total | 27.7 | 25.0 | 44.9 | 27.3% | |
Top Export Markets for Zinc; Dust, Powders and Flakes from South Korea in 2022:
- China (5.0K tons)
- Japan (3.5K tons)
- Vietnam (1.6K tons)
- Taiwan (Chinese) (1.4K tons)
- Russia (0.8K tons)
- Australia (0.7K tons)
- Morocco (0.4K tons)
Imports of Zinc; Dust, Powders and Flakes in South Korea
In 2022, purchases abroad of zinc; dust, powders and flakeses was finally on the rise to reach 3.2K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep contraction.
In value terms, zinc; dust, powders and flakes imports fell to $8M in 2022. Overall, imports, however, continue to indicate a pronounced slump. The growth pace was the most rapid in 2021 when imports increased by 11%.
| Import of Zinc; Dust, Powders and Flakes in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Vietnam | 3,329 | 1,751 | 2,463 | -14.0% | |
| Germany | 1,546 | 1,086 | 1,329 | -7.3% | |
| Malaysia | 695 | 1,169 | 1,171 | 29.8% | |
| Pakistan | 528 | 1,097 | 1,112 | 45.1% | |
| United States | 496 | 361 | 267 | -26.6% | |
| Saudi Arabia | 59.4 | 212 | 215 | 90.3% | |
| Japan | 676 | 574 | 197 | -46.0% | |
| Others | 1,378 | 1,326 | 1,692 | 10.8% | |
| Total | 8,706 | 7,577 | 8,445 | -1.5% | |
Top Suppliers of Zinc; Dust, Powders and Flakes to South Korea in 2022:
- Vietnam (1114.8 tons)
- Pakistan (900.2 tons)
- Malaysia (343.9 tons)
- Germany (321.0 tons)
- Saudi Arabia (269.1 tons)
- United States (122.9 tons)
- Japan (121.2 tons)
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In value terms, zinc dust, powders and flakes imports amounted to $X in 2016. In general, zinc dust, powders and flakes imports continue to indicate a drastic curtailment. Global zinc dust, powders...
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In value terms, zinc dust, powders and flakes exports stood at $X in 2016. Overall, zinc dust, powders and flakes exports continue to indicate a drastic drop. Global zinc dust, powders and flakes e...
1440
In value terms, zinc dust, powders and flakes imports amounted to $X in 2016. In general, zinc dust, powders and flakes imports continue to indicate a drastic curtailment. Global zinc dust, powders...
1273
In value terms, zinc dust, powders and flakes exports stood at $X in 2016. Overall, zinc dust, powders and flakes exports continue to indicate a drastic drop. Global zinc dust, powders and flakes e...
