Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Ethiopia - 2022
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Ethiopia (CIF) - 2022
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Ethiopia
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Ethiopia (CIF) - 2022
The average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $4,132 per ton in 2022, picking up by 22% against the previous year. In general, import price indicated a resilient expansion 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, import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs increased by +52.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 34%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.
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 Spain ($5,607 per ton), while the price for South Korea ($3,251 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Ethiopia
In 2022, supplies from abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs decreased by -88.9% to 690 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 1.3%. As a result, imports reached the peak of 9.5K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs shrank significantly to $2.9M in 2022. Over the period under review, imports faced a significant curtailment. The smallest decline of -10.3% was in 2020.
| Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.0 | 0.9 | 2.1 | 1.0 | 0.0% |
| South Korea | 8.0 | 6.5 | 1.4 | 1.0 | -50.0% |
| Kazakhstan | N/A | N/A | N/A | 0.5 | 0% |
| Democratic People's Republic of Korea | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Belgium | 3.6 | 1.0 | 0.2 | 0.1 | -69.7% |
| Spain | 15.1 | 15.8 | 16.3 | 0.1 | -81.2% |
| Others | 1.0 | 1.4 | 0.9 | N/A | -5.1% |
| Total | 28.6 | 25.7 | 21.1 | 2.9 | -53.4% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc to Ethiopia in 2022:
- South Korea (311.2 tons)
- India (206.7 tons)
- Kazakhstan (109.3 tons)
- Democratic People's Republic of Korea (37.2 tons)
- Belgium (13.7 tons)
- Spain (10.2 tons)
414
This report provides an in-depth analysis of the zinc market in Ethiopia.
187
This report provides an in-depth analysis of the zinc alloys market in Ethiopia.
975
This report provides an in-depth analysis of the global zinc market.
1150
This report provides an in-depth analysis of the global zinc market.
1973
This report provides an in-depth analysis of the global zinc alloys market.
414
This report provides an in-depth analysis of the zinc market in Ethiopia.
187
This report provides an in-depth analysis of the zinc alloys market in Ethiopia.
975
This report provides an in-depth analysis of the global zinc market.
1150
This report provides an in-depth analysis of the global zinc market.
1973
This report provides an in-depth analysis of the global zinc alloys market.
352
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...
792
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.
352
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...
792
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.
