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

Contents:

1. Price for Zinc; Dust, Powders and Flakes in Vietnam (CIF) - 2021
2. Price for Zinc; Dust, Powders and Flakes in Vietnam (FOB) - 2021
3. Imports of Zinc; Dust, Powders and Flakes in Vietnam
4. Exports of Zinc; Dust, Powders and Flakes in Vietnam

Price for Zinc; Dust, Powders and Flakes in Vietnam (CIF) - 2021

The average import price for zinc; dust, powders and flakeses stood at $3,700 per ton in December 2021, almost unchanged from the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in January 2021 an increase of 20% against the previous month. The import price peaked at $3,886 per ton in July 2021; however, from August 2021 to December 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the countries with the highest prices were Japan ($4,090 per ton) and Belgium ($4,079 per ton), while the price for China ($3,652 per ton) and South Korea ($3,652 per ton) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Thailand (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Dust, Powders and Flakes in Vietnam (FOB) - 2021

In November 2021, the average export price for zinc; dust, powders and flakeses amounted to $4,073 per ton, rising by 6.7% against the previous month. Over the period from November 2020 to November 2021, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in January 2021 an increase of 21% month-to-month. Over the period under review, the average export prices reached the maximum at $4,107 per ton in March 2021; afterwards, it flattened through to November 2021.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From November 2020 to November 2021, the rate of growth in terms of prices for South Korea amounted to +1.6% per month.

Imports of Zinc; Dust, Powders and Flakes in Vietnam

After three years of growth, supplies from abroad of zinc; dust, powders and flakeses decreased by -9.8% to 3K tons in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 75% against the previous year.

In value terms, zinc; dust, powders and flakes imports fell markedly to $11M in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 61%.

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

1. South Korea (982.3 tons)
2. Malaysia (930.4 tons)
3. Thailand (58.8 tons)
4. Japan (56.3 tons)
5. Indonesia (45.9 tons)

Exports of Zinc; Dust, Powders and Flakes in Vietnam

In 2022, shipments abroad of zinc; dust, powders and flakeses increased by 11% to 592 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a dramatic decrease.

In value terms, zinc; dust, powders and flakes exports expanded modestly to $2.2M in 2022. Overall, exports, however, continue to indicate a sharp setback.

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

1. South Korea (1.3K tons)

Source: IndexBox Market Intelligence Platform