Price for Zinc; Powders and Flakes in Sri Lanka - 2021
Contents:
- Price for Zinc; Powders and Flakes in Sri Lanka (FOB) - 2022
- Price for Zinc; Powders and Flakes in Sri Lanka (CIF) - 2022
- Exports of Zinc; Powders and Flakes in Sri Lanka
- Imports of Zinc; Powders and Flakes in Sri Lanka
Price for Zinc; Powders and Flakes in Sri Lanka (FOB) - 2022
The average zinc; powders and flakes export price stood at $1,150 per ton in 2022, which is down by -33.2% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 75%. As a result, the export price reached the peak level of $4,502 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -11.5% per year.
Price for Zinc; Powders and Flakes in Sri Lanka (CIF) - 2022
In 2022, the average zinc; powders and flakes import price amounted to $57,447 per ton, surging by 106% against the previous year. In general, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2015 an increase of 188% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($63,066 per ton), while the price for Germany totaled $52,693 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Zinc; Powders and Flakes in Sri Lanka
Zinc; powders and flakes exports from Sri Lanka soared to 42 tons in 2022, increasing by 26% on 2021. Overall, exports, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 147%.
In value terms, zinc; powders and flakes exports contracted dramatically to $48K in 2022. In general, exports, however, recorded a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 114% against the previous year.
| Export of Zinc; Powders and Flakes in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 80.4 | 20.2 | 56.8 | 47.8 | -15.9% |
| Taiwan (Chinese) | N/A | 6.4 | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 80.4 | 26.6 | 56.8 | 47.8 | -15.9% |
Top Export Markets for Zinc; Powders and Flakes from Sri Lanka in 2022:
- India (41.5 tons)
Imports of Zinc; Powders and Flakes in Sri Lanka
In 2022, after three years of growth, there was significant decline in overseas purchases of zinc; powders and flakeses, when their volume decreased by -99% to 22 kg. Over the period under review, imports continue to indicate a dramatic decline. The growth pace was the most rapid in 2020 when imports increased by 1,983% against the previous year.
In value terms, zinc; powders and flakes imports reduced sharply to $1.3K in 2022. In general, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2020 with an increase of 3,405%.
| Import of Zinc; Powders and Flakes in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.5 | 21.5 | 12.4 | 0.6 | 6.3% |
| Germany | N/A | 0.3 | 1.8 | 0.6 | 41.4% |
| Thailand | N/A | 1.3 | 1.5 | N/A | 15.4% |
| China | 0.1 | 3.0 | 3.6 | N/A | 500.0% |
| Sweden | N/A | N/A | 14.3 | N/A | 0% |
| India | 0.1 | 2.2 | 8.0 | N/A | 794.4% |
| United Arab Emirates | N/A | 1.7 | 2.2 | N/A | 29.4% |
| Others | N/A | 0.8 | 16.9 | N/A | 2012.5% |
| Total | 0.9 | 30.8 | 60.8 | 1.3 | 13.0% |
Top Suppliers of Zinc; Powders and Flakes to Sri Lanka in 2022:
- Germany (12.0 kg)
- Japan (10.0 kg)
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