Price for Zinc; Powders and Flakes in Hong Kong SAR - 2023
Contents:
- Price for Zinc; Powders and Flakes in Hong Kong SAR (FOB) - 2022
- Price for Zinc; Powders and Flakes in Hong Kong SAR (CIF) - 2022
- Exports of Zinc; Powders and Flakes in Hong Kong SAR
- Imports of Zinc; Powders and Flakes in Hong Kong SAR
Price for Zinc; Powders and Flakes in Hong Kong SAR (FOB) - 2022
In 2022, the average zinc; powders and flakes export price amounted to $3,925 per ton, growing by 9.7% against the previous year. In general, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2013 an increase of 55%. The export price peaked at $5,814 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +6.6% per year.
Price for Zinc; Powders and Flakes in Hong Kong SAR (CIF) - 2022
The average zinc; powders and flakes import price stood at $7,157 per ton in 2022, increasing by 64% against the previous year. In general, the import price showed a resilient increase. As a result, import price reached 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 Germany ($8,478 per ton), while the price for China ($5,010 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Zinc; Powders and Flakes in Hong Kong SAR
In 2022, the amount of zinc; powders and flakeses exported from Hong Kong SAR soared to 2.7K tons, rising by 108% on 2021 figures. In general, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 1,174% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, zinc; powders and flakes exports skyrocketed to $10M in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,139% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Zinc; Powders and Flakes in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.5 | 0.3 | 4.5 | 10.4 | 175.0% |
| Vietnam | N/A | N/A | 0.1 | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.6 | 0.4 | 4.6 | 10.4 | 158.8% |
Top Export Markets for Zinc; Powders and Flakes from Hong Kong SAR in 2022:
- China (2.7K tons)
Imports of Zinc; Powders and Flakes in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in supplies from abroad of zinc; powders and flakeses, when their volume decreased by -46.6% to 65 tons. Over the period under review, imports, however, continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 43%.
In value terms, zinc; powders and flakes imports dropped to $465K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 75%. As a result, imports reached the peak of $531K, and then fell in the following year.
| Import of Zinc; Powders and Flakes in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 236 | 175 | 289 | 288 | 6.9% |
| China | N/A | 67.3 | 154 | 92.3 | 17.1% |
| Japan | 70.3 | 60.8 | 86.9 | 84.1 | 6.2% |
| Others | N/A | 0.1 | 1.3 | N/A | 1200.0% |
| Total | 306 | 303 | 531 | 465 | 15.0% |
Top Suppliers of Zinc; Powders and Flakes to Hong Kong SAR in 2022:
- Germany (34.0 tons)
- China (18.4 tons)
- Japan (12.5 tons)
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