Price for Zinc; Plates, Sheets, Strip and Foil in South Africa - 2024
Contents:
- Price for Zinc; Plates, Sheets, Strip and Foil in South Africa (CIF) - 2022
- Price for Zinc; Plates, Sheets, Strip and Foil in South Africa (FOB) - 2022
- Imports of Zinc; Plates, Sheets, Strip and Foil in South Africa
- Exports of Zinc; Plates, Sheets, Strip and Foil in South Africa
Price for Zinc; Plates, Sheets, Strip and Foil in South Africa (CIF) - 2022
In 2022, the average import price for zinc; plates, sheets, strip and foils amounted to $4,403 per ton, picking up by 14% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for zinc; plates, sheets, strip and foils increased by +54.0% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 46%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,099 per ton), while the price for Peru amounted to $4,062 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Zinc; Plates, Sheets, Strip and Foil in South Africa (FOB) - 2022
In 2022, the average export price for zinc; plates, sheets, strip and foils amounted to $1,651 per ton, with a decrease of -35.2% against the previous year. Overall, the export price saw a pronounced reduction. The pace of growth appeared the most rapid in 2019 an increase of 121% against the previous year. As a result, the export price attained the peak level of $3,118 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($3,375 per ton), while the average price for exports to Botswana ($928 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 Democratic Republic of the Congo (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Zinc; Plates, Sheets, Strip and Foil in South Africa
In 2022, overseas purchases of zinc; plates, sheets, strip and foils decreased by -44.7% to 171 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports attained the peak of 381 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of zinc; plates, sheets, strip and foils fell significantly to $753K in 2022. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 9.5% against the previous year. As a result, imports reached the peak of $1.2M, and then dropped notably in the following year.
| Import of Zinc; Plates, Sheets, Strip and Foil in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 751 | 895 | 790 | 578 | -8.4% |
| Germany | 281 | 140 | 389 | 166 | -16.1% |
| Netherlands | 77.9 | 19.5 | 13.8 | 8.6 | -52.0% |
| Others | 50.5 | 34.7 | 1.1 | 0.5 | -78.5% |
| Total | 1,161 | 1,090 | 1,194 | 753 | -13.4% |
Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to South Africa in 2022:
- Peru (142.2 tons)
- Germany (27.3 tons)
- Netherlands (1.5 tons)
Exports of Zinc; Plates, Sheets, Strip and Foil in South Africa
Exports of zinc; plates, sheets, strip and foils from South Africa surged to 102 tons in 2022, picking up by 50% against 2021 figures. In general, exports, however, showed a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 62% against the previous year.
In value terms, exports of zinc; plates, sheets, strip and foils surged to $163K in 2022. Over the period under review, exports, however, showed a dramatic descent. The growth pace was the most rapid in 2021 when exports increased by 96%.
| Export of Zinc; Plates, Sheets, Strip and Foil in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 737 | 36.2 | 65.5 | 97.8 | -49.0% |
| Namibia | 50.8 | 21.8 | 25.1 | 31.2 | -15.0% |
| Zimbabwe | 4.1 | 2.5 | 16.3 | 16.5 | 59.1% |
| Ghana | N/A | N/A | N/A | 6.5 | 0% |
| Botswana | 49.9 | 0.7 | 15.9 | 5.5 | -52.1% |
| Others | 66.7 | 5.4 | 7.5 | 5.4 | -56.7% |
| Total | 908 | 66.6 | 130 | 163 | -43.6% |
Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from South Africa in 2022:
- Mozambique (56.5 tons)
- Namibia (18.4 tons)
- Zimbabwe (17.4 tons)
- Botswana (6.0 tons)
- Ghana (1.9 tons)
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