Price for Zinc; Powders and Flakes in Turkey - 2023

Contents:

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

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

The average zinc; powders and flakes import price stood at $4,415 per ton in 2022, rising by 26% against the previous year. Overall, the import price posted a temperate increase. The growth pace was the most rapid in 2017 an increase of 121% against the previous year. Over the period under review, average import prices hit record highs at $10,246 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 ($32,829 per ton), while the price for Kazakhstan ($258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average zinc; powders and flakes export price amounted to $6,388 per ton, growing by 58% against the previous year. In general, the export price posted a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($12,315 per ton), while the average price for exports to Belgium ($3,864 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Powders and Flakes in Turkey

In 2022, overseas purchases of zinc; powders and flakeses decreased by -33.2% to 94 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 when imports increased by 3.6%. As a result, imports attained the peak of 173 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, zinc; powders and flakes imports dropped sharply to $414K in 2022. In general, imports showed a deep reduction. The smallest decline of -4.2% was in 2021.

Import of Zinc; Powders and Flakes in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland262130120193-9.7%
IranN/A33120180.0-50.8%
GreeceN/AN/AN/A54.10%
Germany2.82.80.352.8166.2%
China28.938.50.120.8-10.4%
United States1340.53.46.0-64.5%
KazakhstanN/AN/A13.25.7-56.8%
Thailand51.3N/AN/AN/A0%
OmanN/AN/A39.7N/A0%
NetherlandsN/AN/A58.0N/A0%
Others10312.757.61.9-73.6%
Total582515493414-10.7%

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

  1. Iran (25.0 tons)
  2. Greece (22.7 tons)
  3. Kazakhstan (22.0 tons)
  4. Switzerland (17.4 tons)
  5. China (4.0 tons)
  6. Germany (1.6 tons)
  7. United States (1.2 tons)

Exports of Zinc; Powders and Flakes in Turkey

In 2022, zinc; powders and flakes exports from Turkey soared to 18 tons, with an increase of 415% against 2021. Over the period under review, exports, however, continue to indicate a drastic downturn.

In value terms, zinc; powders and flakes exports skyrocketed to $112K in 2022. In general, exports showed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Zinc; Powders and Flakes in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.2N/AN/A53.7255.0%
AzerbaijanN/A1.2N/A19.6304.1%
BelgiumN/AN/AN/A14.50%
GermanyN/AN/AN/A9.30%
Lebanon36.4N/A3.29.0-37.2%
United Kingdom0.9N/A0.21.621.1%
Georgia1.16.28.51.48.4%
Saudi Arabia32.4N/AN/AN/A0%
Others3.82.71.83.3-4.6%
Total75.810.113.811213.9%

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

  1. Russia (6.1 tons)
  2. Azerbaijan (4.0 tons)
  3. Belgium (3.8 tons)
  4. Lebanon (2.0 tons)
  5. Germany (0.8 tons)
  6. Georgia (0.3 tons)
  7. United Kingdom (0.3 tons)

Source: IndexBox Market Intelligence Platform

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