Price for Zinc; Plates, Sheets, Strip and Foil in Saudi Arabia - 2022
Contents:
- Price for Zinc; Plates, Sheets, Strip and Foil in Saudi Arabia (FOB) - 2022
- Exports of Zinc; Plates, Sheets, Strip and Foil in Saudi Arabia
Price for Zinc; Plates, Sheets, Strip and Foil in Saudi Arabia (FOB) - 2022
The average export price for zinc; plates, sheets, strip and foils stood at $1,354 per ton in 2021, with an increase of 112% against the previous year. In general, the export price showed a tangible expansion. Over the period under review, the average export prices reached the peak figure at $2,223 per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,097 per ton), while the average price for exports to Liberia ($187 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+15.5%), while the prices for the other major destinations experienced a decline.
Exports of Zinc; Plates, Sheets, Strip and Foil in Saudi Arabia
In 2022, shipments abroad of zinc; plates, sheets, strip and foils decreased by -58.9% to 35 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 190%.
In value terms, exports of zinc; plates, sheets, strip and foils fell notably to $37K in 2022. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 145% against the previous year.
| Export of Zinc; Plates, Sheets, Strip and Foil in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Sudan | N/A | N/A | 25.4 | 0% | |
| United Arab Emirates | N/A | N/A | 24.7 | 0% | |
| Iraq | N/A | N/A | 23.7 | 0% | |
| Gambia | N/A | N/A | 14.0 | 0% | |
| Somalia | 5.0 | 22.0 | 11.9 | 54.3% | |
| Liberia | N/A | N/A | 0.9 | 0% | |
| Germany | N/A | 8.1 | N/A | 0% | |
| Djibouti | N/A | 21.8 | N/A | 0% | |
| Others | 16.1 | N/A | 15.6 | -1.6% | |
| Total | 21.1 | 51.8 | 116 | 134.5% | |
Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from Saudi Arabia in 2022:
- Iraq (76.0 tons)
- Somalia (49.0 tons)
- Sudan (43.5 tons)
- Gambia (8.0 tons)
- United Arab Emirates (8.0 tons)
- Liberia (5.0 tons)
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