Price for Zinc; Plates, Sheets, Strip and Foil in Ghana - 2023

Contents:

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

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

The average export price for zinc; plates, sheets, strip and foils stood at $2,886 per ton in 2022, picking up by 31% against the previous year. Overall, the export price saw a strong expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 125% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Burkina Faso ($2,257 per ton), while the average price for exports to Cote d'Ivoire ($2,053 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for zinc; plates, sheets, strip and foils stood at $868 per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price faced a deep reduction. The pace of growth was the most pronounced in 2017 an increase of 47%. The import price peaked at $3,586 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($4,013 per ton), while the price for the UK ($171 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+48.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of zinc; plates, sheets, strip and foils from Ghana expanded markedly to 12 tons, picking up by 5.9% against the year before. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 683% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of zinc; plates, sheets, strip and foils soared to $27K in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,055% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. Togo (7.7 tons)
2. Burkina Faso (4.7 tons)
3. Cote d'Ivoire (0.1 tons)

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

In 2022, purchases abroad of zinc; plates, sheets, strip and foils decreased by -80.3% to 5 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 935%.

In value terms, imports of zinc; plates, sheets, strip and foils dropped markedly to $7.2K in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 356% against the previous year.

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

1. United Arab Emirates (2011.0 kg)
2. China (1609.0 kg)
3. South Africa (381.0 kg)
4. Taiwan (Chinese) (268.0 kg)
5. Spain (230.0 kg)
6. South Korea (171.0 kg)
7. India (130.0 kg)
8. Portugal (3.0 kg)

Source: IndexBox Market Intelligence Platform