Price for Zinc; Powders and Flakes in Chile - 2023

Contents:

  1. Price for Zinc; Powders and Flakes in Chile (FOB) - 2022
  2. Price for Zinc; Powders and Flakes in Chile (CIF) - 2022
  3. Exports of Zinc; Powders and Flakes in Chile
  4. Imports of Zinc; Powders and Flakes in Chile

Price for Zinc; Powders and Flakes in Chile (FOB) - 2022

In 2022, the average zinc; powders and flakes export price amounted to $2,855 per ton, declining by -26.1% against the previous year. Overall, the export price, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 47% against the previous year. The export price peaked at $3,865 per ton in 2021, and then shrank rapidly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +19.7% per year.

Price for Zinc; Powders and Flakes in Chile (CIF) - 2022

The average zinc; powders and flakes import price stood at $43,727 per ton in 2022, growing by 230% against the previous year. In general, the import price enjoyed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 States ($377,955 per ton), while the price for Mexico ($14,549 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zinc; Powders and Flakes in Chile

In 2022, shipments abroad of zinc; powders and flakeses was finally on the rise to reach 10 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a precipitous shrinkage.

In value terms, zinc; powders and flakes exports skyrocketed to $29K in 2022. In general, exports, however, showed a sharp downturn.

Export of Zinc; Powders and Flakes in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador25.427.26.729.14.6%
Belgium15.16.12.9N/A-56.2%
Peru16.44.31.0N/A-75.3%
India19.77.83.6N/A-57.3%
ItalyN/A5.1N/AN/A0%
Anguilla9.7N/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total86.550.414.229.1-30.5%

Top Export Markets for Zinc; Powders and Flakes from Chile in 2022:

  1. Ecuador (10.2 tons)

Imports of Zinc; Powders and Flakes in Chile

In 2022, the amount of zinc; powders and flakeses imported into Chile shrank sharply to 58 kg, which is down by -92.3% on 2021 figures. Over the period under review, imports saw a significant contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 88% against the previous year. As a result, imports attained the peak of 750 kg, and then fell rapidly in the following year.

In value terms, zinc; powders and flakes imports fell remarkably to $2.5K in 2022. In general, imports continue to indicate a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 99% against the previous year. As a result, imports attained the peak of $9.9K, and then plummeted in the following year.

Import of Zinc; Powders and Flakes in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A0.11.11000.0%
MexicoN/AN/AN/A0.70%
GermanyN/AN/AN/A0.50%
Singapore4.64.58.9N/A39.1%
Others0.50.40.80.2-26.3%
Total5.15.09.92.5-21.2%

Top Suppliers of Zinc; Powders and Flakes to Chile in 2022:

  1. Mexico (50.0 kg)
  2. United States (3.0 kg)
  3. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform

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