Price for Zinc; Plates, Sheets, Strip and Foil in Angola - 2022

Contents:

1. Price for Zinc; Plates, Sheets, Strip and Foil in Angola (FOB) - 2022
2. Price for Zinc; Plates, Sheets, Strip and Foil in Angola (CIF) - 2022
3. Exports of Zinc; Plates, Sheets, Strip and Foil in Angola
4. Imports of Zinc; Plates, Sheets, Strip and Foil in Angola

Price for Zinc; Plates, Sheets, Strip and Foil in Angola (FOB) - 2022

In 2022, the average export price for zinc; plates, sheets, strip and foils amounted to $1,410 per ton, jumping by 15% against the previous year. Overall, the export price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 150%. As a result, the export price reached the peak level of $2,283 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to -1.8% per year.

Price for Zinc; Plates, Sheets, Strip and Foil in Angola (CIF) - 2022

In 2022, the average import price for zinc; plates, sheets, strip and foils amounted to $2,034 per ton, increasing by 56% against the previous year. Over the period under review, the import price, however, saw a slight curtailment. The import price peaked at $2,371 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($8,833 per ton), while the price for South Africa ($1,571 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zinc; Plates, Sheets, Strip and Foil in Angola

In 2022, exports of zinc; plates, sheets, strip and foils from Angola fell slightly to 493 tons, approximately mirroring the previous year. Over the period under review, exports faced a dramatic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 66% against the previous year.

In value terms, exports of zinc; plates, sheets, strip and foils expanded remarkably to $695K in 2022. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 84% against the previous year.

Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from Angola in 2022:

1. Democratic Republic of the Congo (488.9 tons)

Imports of Zinc; Plates, Sheets, Strip and Foil in Angola

In 2022, the amount of zinc; plates, sheets, strip and foils imported into Angola declined sharply to 107 tons, waning by -76.8% on the previous year. Over the period under review, imports recorded a sharp decline. The smallest decline of -51.9% was in 2021.

In value terms, imports of zinc; plates, sheets, strip and foils contracted rapidly to $214K in 2022. Overall, imports continue to indicate a precipitous curtailment. The smallest decline of -40.2% was in 2021.

Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to Angola in 2022:

1. China (98.2 tons)
2. South Africa (2.5 tons)
3. Turkey (1.6 tons)
4. Namibia (1.2 tons)

Source: IndexBox Market Intelligence Platform