Price for Zinc; Plates, Sheets, Strip and Foil in Malaysia - 2024

Contents:

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

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

In 2022, the average export price for zinc; plates, sheets, strip and foils amounted to $11,908 per ton, with an increase of 428% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($17,576 per ton), while the average price for exports to Solomon Islands ($2,777 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 Pakistan (+33.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for zinc; plates, sheets, strip and foils amounted to $1,090 per ton, declining by -27.7% against the previous year. Overall, the import price faced a abrupt setback. The pace of growth appeared the most rapid in 2021 an increase of 78% against the previous year. Over the period under review, average import prices reached the peak figure at $3,591 per ton in 2012; however, from 2013 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 India ($4,653 per ton), while the price for China ($1,016 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+38.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

For the third year in a row, Malaysia recorded decline in overseas shipments of zinc; plates, sheets, strip and foils, which decreased by -83.1% to 370 tons in 2022. Overall, exports showed a precipitous decrease. The smallest decline of -15.1% was in 2021.

In value terms, exports of zinc; plates, sheets, strip and foils contracted to $4.3M in 2022. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 13%.

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

1. United States (186.3 tons)
2. Hong Kong SAR (64.5 tons)
3. Singapore (58.1 tons)
4. Netherlands (13.0 tons)
5. Thailand (11.8 tons)
6. Solomon Islands (8.1 tons)
7. China (6.5 tons)
8. India (0.2 tons)

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

For the third consecutive year, Malaysia recorded decline in overseas purchases of zinc; plates, sheets, strip and foils, which decreased by -55.3% to 324 tons in 2022. In general, imports recorded a significant decline. The smallest decline of -6.5% was in 2020.

In value terms, imports of zinc; plates, sheets, strip and foils fell significantly to $352K in 2022. Overall, imports showed a dramatic descent. The smallest decline of -15.9% was in 2020.

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

1. China (313.2 tons)
2. Japan (7.6 tons)

Source: IndexBox Market Intelligence Platform