Price for Zinc; Plates, Sheets, Strip and Foil in Australia - 2024

Contents:

1. Price for Zinc; Plates, Sheets, Strip and Foil in Australia (FOB) - 2023
2. Price for Zinc; Plates, Sheets, Strip and Foil in Australia (CIF) - 2022
3. Exports of Zinc; Plates, Sheets, Strip and Foil in Australia
4. Imports of Zinc; Plates, Sheets, Strip and Foil in Australia

Price for Zinc; Plates, Sheets, Strip and Foil in Australia (FOB) - 2023

In December 2023, the average export price for zinc; plates, sheets, strip and foils amounted to $2,326 per ton, which is down by -9.7% against the previous month. Overall, the export price showed a perceptible decline. The pace of growth was the most pronounced in September 2023 when the average export price increased by 274% month-to-month. As a result, the export price attained the peak level of $8,309 per ton. From October 2023 to December 2023, the 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 New Zealand.

From December 2022 to December 2023, the rate of growth in terms of prices for New Zealand amounted to -2.7% per month.

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

The average import price for zinc; plates, sheets, strip and foils stood at $5,369 per ton in 2022, reducing by -1.7% against the previous year. Over the period under review, the import price continues to indicate a slight decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 15%. The import price peaked at $6,527 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,268 per ton), while the price for France ($4,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of zinc; plates, sheets, strip and foils exported from Australia surged to 8.9K tons, with an increase of 146% against the previous year's figure. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of zinc; plates, sheets, strip and foils surged to $30M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Belgium (7.4K tons)
2. New Zealand (1.5K tons)

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

In 2022, approx. 322 tons of zinc; plates, sheets, strip and foils were imported into Australia; remaining constant against the year before. Overall, imports, however, faced a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year.

In value terms, imports of zinc; plates, sheets, strip and foils reduced slightly to $1.7M in 2022. Over the period under review, imports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 45%.

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

1. Spain (148.0 tons)
2. France (132.3 tons)
3. Netherlands (35.3 tons)
4. United States (5.2 tons)

Source: IndexBox Market Intelligence Platform