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

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

In 2022, the average import price for zinc; plates, sheets, strip and foils amounted to $3,651 per ton, remaining constant against the previous year. Over the period under review, the import price showed a noticeable curtailment. The pace of growth was the most pronounced in 2015 an increase of 16% against the previous year. The import price peaked at $6,276 per ton in 2018; however, from 2019 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 the UK ($36,043 per ton), while the price for Lebanon ($1,464 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+28.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of zinc; plates, sheets, strip and foils imported into Kuwait shrank to 13 tons, which is down by -10.3% on 2021. Over the period under review, imports showed a drastic downturn. The smallest decline of -10.2% was in 2021.

In value terms, imports of zinc; plates, sheets, strip and foils declined to $46K in 2022. In general, imports showed a abrupt decrease. The smallest decline of -11.7% was in 2021.

Import of Zinc; Plates, Sheets, Strip and Foil in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	27.0	17.7	18.0	16.8	-14.6%
France	26.0	26.6	21.7	16.3	-14.4%
India	3.4	2.4	0.5	2.3	-12.2%
South Korea	2.6	2.7	2.2	1.7	-13.2%
United Arab Emirates	0.7	0.9	0.9	0.8	4.6%
Others	7.7	9.3	9.3	8.6	3.8%
Total	67.5	59.6	52.6	46.4	-11.7%