Price for Zinc; Powders and Flakes in Pakistan - 2023

Contents:

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

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

The average zinc; powders and flakes import price stood at $3,788 per ton in 2022, reducing by -2.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2013 an increase of 27%. Over the period under review, average import prices reached the maximum at $4,721 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +60.4% per year.

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

The average zinc; powders and flakes export price stood at $2,415 per ton in 2022, reducing by -6% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc; powders and flakes export price increased by +20.5% against 2019 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 25%. As a result, the export price attained the peak level of $2,968 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +22.0% per year.

Imports of Zinc; Powders and Flakes in Pakistan

After two years of decline, supplies from abroad of zinc; powders and flakeses increased by 18% to 4.2 tons in 2022. Over the period under review, imports, however, recorded a deep contraction.

In value terms, zinc; powders and flakes imports soared to $16K in 2022. In general, imports, however, faced a abrupt decrease.

Import of Zinc; Powders and Flakes in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia20.716.813.214.7-10.8%
Others3.11.20.51.1-29.2%
Total23.818.013.715.8-12.8%

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

  1. Saudi Arabia (4.1 tons)

Exports of Zinc; Powders and Flakes in Pakistan

In 2022, shipments abroad of zinc; powders and flakeses was finally on the rise to reach 2.2 tons after two years of decline. In general, exports, however, recorded a perceptible setback.

In value terms, zinc; powders and flakes exports reduced to $5.4K in 2022. The total export value increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 7.3% against the previous year. As a result, the exports attained the peak of $5.6K, and then fell slightly in the following year.

Export of Zinc; Powders and Flakes in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea4.82.21.95.44.0%
Taiwan (Chinese)N/A2.83.6N/A28.6%
IndiaN/A0.2N/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.95.25.65.43.3%

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

  1. South Korea (2.2 tons)

Source: IndexBox Market Intelligence Platform

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