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

Contents:

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

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

The average import price for zinc; plates, sheets, strip and foils stood at $2,099 per ton in 2022, declining by -24.4% against the previous year. Over the period under review, the import price saw a slight decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 158% against the previous year. As a result, import price reached the peak level of $7,443 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 Arab Emirates ($21,911 per ton), while the price for China ($1,450 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+30.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for zinc; plates, sheets, strip and foils stood at $4,930 per ton in 2022, increasing by 63% against the previous year. Overall, the export price posted resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2015 to 2022, the rate of growth in terms of prices for Japan amounted to 0.0% per year.

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

In 2022, purchases abroad of zinc; plates, sheets, strip and foils decreased by -17.4% to 30 tons, falling for the second consecutive year after two years of growth. In general, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2020 when imports increased by 215%. As a result, imports reached the peak of 56 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of zinc; plates, sheets, strip and foils dropped markedly to $62K in 2022. Overall, imports faced a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 129% against the previous year. As a result, imports reached the peak of $231K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. China (27.8 tons)
2. Turkey (1.2 tons)
3. United Arab Emirates (0.7 tons)

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

After two years of decline, overseas shipments of zinc; plates, sheets, strip and foils decreased by 0% to 4.2 tons in 2022. Overall, exports saw a sharp decline. The smallest decline of 99.9% was in 2020.

In value terms, exports of zinc; plates, sheets, strip and foils amounted to $21K in 2022. Over the period under review, exports continue to indicate a precipitous decrease. The smallest decline of 99.9% was in 2020.

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

1. Azerbaijan (4.2 tons)

Source: IndexBox Market Intelligence Platform