Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Colombia - 2024
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Colombia (CIF) - 2024
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Colombia (FOB) - 2022
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Colombia
- Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Colombia
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Colombia (CIF) - 2024
In February 2024, the average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $2,902 per ton, remaining relatively unchanged against the previous month. Over the period under review, the import price saw a mild contraction. The pace of growth was the most pronounced in March 2023 an increase of 2.3% against the previous month. As a result, import price reached the peak level of $3,709 per ton. From April 2023 to February 2024, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In February 2024, the country with the highest price was Malaysia ($3,107 per ton), while the price for Peru ($2,875 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Malaysia (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Colombia (FOB) - 2022
The average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $4,002 per ton in 2022, jumping by 21% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs increased by +41.7% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +14.9% per year.
Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Colombia
In 2022, the amount of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs imported into Colombia was estimated at 10K tons, leveling off at the year before. The total import volume increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs surged to $40M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 52% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 18.4 | 18.2 | 28.9 | 36.3 | 25.4% |
| United States | 1.2 | 1.4 | 1.7 | 2.1 | 20.5% |
| Belgium | 1.1 | 0.4 | 0.8 | 0.3 | -35.2% |
| Spain | 0.9 | 0.6 | 0.4 | 0.2 | -39.4% |
| Others | 2.1 | 0.8 | 0.8 | 0.7 | -30.7% |
| Total | 23.7 | 21.4 | 32.7 | 39.6 | 18.7% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc to Colombia in 2022:
- Peru (9.6K tons)
- United States (0.5K tons)
- Belgium (0.1K tons)
Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Colombia
In 2022, overseas shipments of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs decreased by -16.7% to 592 kg, falling for the second year in a row after two years of growth. In general, exports saw a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 16%. As a result, the exports attained the peak of 813 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $2.4K in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 2.7% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 2.2 | 2.3 | 1.2 | 2.4 | 2.9% |
| United Kingdom | N/A | N/A | 1.2 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.2 | 2.3 | 2.4 | 2.4 | 2.9% |
Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc from Colombia in 2022:
- Ecuador (592.0 kg)
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Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
2145
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
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In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
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In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
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Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
2145
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
914
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
791
In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
