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

Contents:

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

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

The average import price for zinc; plates, sheets, strip and foils stood at $955 per ton in 2022, growing by 9.6% against the previous year. In general, the import price, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2015 when the average import price increased by 39%. Over the period under review, average import prices hit record highs at $2,049 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($1,107 per ton), while the price for Taiwan (Chinese) ($472 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-1.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for zinc; plates, sheets, strip and foils amounted to $2,900 per ton, shrinking by -56% against the previous year. Overall, the export price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of 180% against the previous year. The export price peaked at $6,586 per ton in 2021, and then reduced dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($6,950 per ton), while the average price for exports to Timor-Leste ($766 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 Papua New Guinea (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of zinc; plates, sheets, strip and foils into Indonesia surged to 3K tons in 2022, jumping by 44% against the previous year. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 669%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of zinc; plates, sheets, strip and foils rose modestly to $2.9M in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 432%. As a result, imports attained the peak of $4.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. South Korea (2412.0 tons)
2. Taiwan (Chinese) (369.2 tons)
3. Japan (148.8 tons)
4. China (99.5 tons)

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

In 2022, shipments abroad of zinc; plates, sheets, strip and foils decreased by -57.3% to 38 tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2020 when exports increased by 536% against the previous year. As a result, the exports attained the peak of 151 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of zinc; plates, sheets, strip and foils dropped markedly to $31K in 2022. Over the period under review, exports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 510% against the previous year. As a result, the exports reached the peak of $946K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Timor-Leste (36.1 tons)
2. China (1.6 tons)

Source: IndexBox Market Intelligence Platform