Price for Zinc; Powders and Flakes in China - 2023

Contents:

1. Price for Zinc; Powders and Flakes in China (CIF) - 2022
2. Price for Zinc; Powders and Flakes in China (FOB) - 2023
3. Imports of Zinc; Powders and Flakes in China
4. Exports of Zinc; Powders and Flakes in China

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

In 2022, the average zinc; powders and flakes import price amounted to $4,580 per ton, rising by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2020 when the average import price increased by 26% against the previous year. The import price peaked in 2022 and is expected to retain 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 Japan ($9,910 per ton), while the price for the United States ($4,138 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Powders and Flakes in China (FOB) - 2023

The average zinc; powders and flakes export price stood at $3,865 per ton in September 2023, surging by 5.5% against the previous month. Overall, the export price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in March 2023 an increase of 20% against the previous month. As a result, the export price reached the peak level of $5,081 per ton. From April 2023 to September 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was South Korea ($6,674 per ton), while the average price for exports to Vietnam ($3,551 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-1.4%), while the prices for the other major destinations experienced a decline.

Imports of Zinc; Powders and Flakes in China

In 2022, the amount of zinc; powders and flakeses imported into China fell to 4.2K tons, with a decrease of -14.9% on the year before. Overall, imports faced a sharp decline.

In value terms, zinc; powders and flakes imports stood at $19M in 2022. Over the period under review, imports continue to indicate a abrupt decline.

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

1. United States (3809.0 tons)
2. Switzerland (196.0 tons)
3. Germany (103.0 tons)
4. Belgium (84.6 tons)

Exports of Zinc; Powders and Flakes in China

For the fourth consecutive year, China recorded growth in overseas shipments of zinc; powders and flakeses, which increased by 1.3% to 1.1K tons in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 76% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, zinc; powders and flakes exports expanded rapidly to $5.3M in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 104% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. Vietnam (498.4 tons)
2. Congo (200.0 tons)
3. Taiwan (Chinese) (170.7 tons)
4. India (60.2 tons)
5. Japan (39.3 tons)
6. Russia (30.4 tons)
7. United Arab Emirates (20.0 tons)

Source: IndexBox Market Intelligence Platform