Price for Zinc; Dust, Powders and Flakes in the United States - 2023
Contents:
- Price for Zinc; Dust, Powders and Flakes in the United States (CIF) - 2023
- Price for Zinc; Dust, Powders and Flakes in the United States (FOB) - 2023
- Imports of Zinc; Dust, Powders and Flakes in the United States
- Exports of Zinc; Dust, Powders and Flakes in the United States
Price for Zinc; Dust, Powders and Flakes in the United States (CIF) - 2023
The average import price for zinc; dust, powders and flakeses stood at $4,124 per ton in August 2023, falling by -1.9% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 6.6% m-o-m. The import price peaked at $4,726 per ton in March 2023; however, from April 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($4,076 per ton), while the price for Mexico ($1,300 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Canada (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Zinc; Dust, Powders and Flakes in the United States (FOB) - 2023
In August 2023, the average export price for zinc; dust, powders and flakeses amounted to $4,722 per ton, rising by 3.9% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 16% against the previous month. Over the period under review, the average export prices hit record highs at $5,486 per ton in March 2023; however, from April 2023 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($5,142 per ton), while the average price for exports to India ($2,342 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Zinc; Dust, Powders and Flakes in the United States
In 2022, imports of zinc; dust, powders and flakeses into the United States contracted dramatically to 20K tons, declining by -15.8% compared with 2021. In general, imports continue to indicate a abrupt curtailment. The smallest decline of -3.3% was in 2020.
In value terms, zinc; dust, powders and flakes imports fell slightly to $93M in 2022. Overall, imports recorded a mild downturn. The pace of growth appeared the most rapid in 2021 with an increase of 11%.
| Import of Zinc; Dust, Powders and Flakes in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Belgium | 44.6 | 32.7 | 37.6 | -8.2% | |
| Germany | 28.1 | 31.9 | 33.9 | 9.8% | |
| Canada | 20.7 | 14.2 | 12.5 | -22.3% | |
| Norway | 1.0 | 1.0 | 1.9 | 37.8% | |
| Others | 3.9 | 3.9 | 7.4 | 37.7% | |
| Total | 98.2 | 83.7 | 93.3 | -2.5% | |
Top Suppliers of Zinc; Dust, Powders and Flakes to the United States in 2022:
- Belgium (10.1K tons)
- Germany (8.4K tons)
- Canada (3.2K tons)
- Norway (0.7K tons)
Exports of Zinc; Dust, Powders and Flakes in the United States
For the third consecutive year, the United States recorded decline in shipments abroad of zinc; dust, powders and flakeses, which decreased by -4.8% to 11K tons in 2022. Overall, exports saw a deep reduction. The smallest decline of -0.2% was in 2020.
In value terms, zinc; dust, powders and flakes exports soared to $52M in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Zinc; Dust, Powders and Flakes in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Mexico | 13.9 | 12.3 | 14.1 | 0.7% | |
| China | N/A | 17.5 | 13.3 | -24.0% | |
| Canada | 4.0 | 2.3 | 2.5 | -20.9% | |
| Australia | 0.4 | 2.0 | 2.3 | 139.8% | |
| Brazil | 1.7 | 2.0 | 1.7 | 0.0% | |
| Chile | 2.2 | 1.3 | 1.6 | -14.7% | |
| Thailand | 0.7 | 0.7 | 1.1 | 25.4% | |
| India | 0.2 | 0.1 | 0.8 | 100.0% | |
| Peru | 1.1 | 0.5 | 0.5 | -32.6% | |
| Hong Kong SAR | 21.8 | 2.7 | 0.1 | -93.2% | |
| Others | 2.7 | 7.9 | 3.9 | 20.2% | |
| Total | 48.8 | 49.3 | 41.9 | -7.3% | |
Top Export Markets for Zinc; Dust, Powders and Flakes from the United States in 2022:
- Hong Kong SAR (undefinedK tons)
- China (4.2K tons)
- Mexico (3.7K tons)
- Canada (0.6K tons)
- Australia (0.6K tons)
- Brazil (0.5K tons)
- Chile (0.4K tons)
- Thailand (0.3K tons)
- India (0.2K tons)
- Peru (0.1K tons)
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139
From 2015 to 2023, the growth of imports for Zinc Powder remained at a somewhat lower figure. In value terms, Zinc Powder imports declined to $81M in 2023.
444
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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...
