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

Contents:

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

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

In 2022, the average import price for zinc; plates, sheets, strip and foils amounted to $2,113 per ton, shrinking by -3.1% against the previous year. Overall, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 258%. As a result, import price reached the peak level of $4,034 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 States ($9,497 per ton), while the price for China ($977 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average export price for zinc; plates, sheets, strip and foils amounted to $4,287 per ton, surging by 19% against the previous year. Over the period under review, the export price posted buoyant growth. The growth pace was the most rapid in 2020 an increase of 215%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($6,400 per ton), while the average price for exports to Paraguay ($2,000 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the third year in a row, Chile recorded decline in supplies from abroad of zinc; plates, sheets, strip and foils, which decreased by -89.3% to 11 tons in 2022. Over the period under review, imports recorded a dramatic shrinkage. The smallest decline of -33.9% was in 2020.

In value terms, imports of zinc; plates, sheets, strip and foils shrank significantly to $46K in 2022. Overall, imports continue to indicate a sharp downturn. The smallest decline of -15.9% was in 2020.

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

1. China (6.0 tons)
2. United States (3.4 tons)
3. Peru (0.8 tons)
4. India (0.4 tons)

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

In 2021, the amount of zinc; plates, sheets, strip and foils exported from Chile fell rapidly to 380 kg, reducing by -99.6% against the previous year's figure. In general, exports showed a sharp descent. The smallest decline of -3.2% was in 2020.

In value terms, exports of zinc; plates, sheets, strip and foils dropped markedly to $1.6K in 2021. Over the period under review, exports recorded a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 20%. As a result, the exports reached the peak of $287K, and then declined significantly in the following year.

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

1. Ecuador (208.0 kg)
2. Peru (136.0 kg)
3. Bolivia (35.0 kg)
4. Paraguay (1.0 kg)

Source: IndexBox Market Intelligence Platform