Price for Zinc; Plates, Sheets, Strip and Foil in Hong Kong SAR - 2023

Contents:

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

Price for Zinc; Plates, Sheets, Strip and Foil in Hong Kong SAR (CIF) - 2023

In November 2023, the average import price for zinc; plates, sheets, strip and foils amounted to $830 per ton, leveling off at the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 29% m-o-m. As a result, import price reached the peak level of $1,090 per ton. From August 2023 to November 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to November 2023, the rate of growth in terms of prices for China amounted to -0.0% per month.

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

In 2022, the average export price for zinc; plates, sheets, strip and foils amounted to $839 per ton, waning by -13.3% against the previous year. Over the period under review, the export price saw a deep downturn. The growth pace was the most rapid in 2013 an increase of 47%. As a result, the export price attained the peak level of $2,669 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -6.7% per year.

Imports of Zinc; Plates, Sheets, Strip and Foil in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in overseas purchases of zinc; plates, sheets, strip and foils, when their volume decreased by -36.3% to 3.3K tons. In general, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 19%. As a result, imports attained the peak of 5.2K tons, and then shrank dramatically in the following year.

In value terms, imports of zinc; plates, sheets, strip and foils declined markedly to $3M in 2022. Over the period under review, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. As a result, imports reached the peak of $4.3M, and then dropped rapidly in the following year.

Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to Hong Kong SAR in 2022:

1. China (3.3K tons)

Exports of Zinc; Plates, Sheets, Strip and Foil in Hong Kong SAR

Exports of zinc; plates, sheets, strip and foils from Hong Kong SAR contracted notably to 514 tons in 2022, falling by -53.5% on 2021 figures. Over the period under review, exports faced a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. As a result, the exports reached the peak of 1.1K tons, and then fell markedly in the following year.

In value terms, exports of zinc; plates, sheets, strip and foils reduced markedly to $531K in 2022. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. As a result, the exports reached the peak of $1.1M, and then reduced sharply in the following year.

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

1. China (509.4 tons)

Source: IndexBox Market Intelligence Platform