Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Hong Kong SAR - 2024

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Hong Kong SAR (CIF) - 2022
  2. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Hong Kong SAR (FOB) - 2022
  3. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Hong Kong SAR
  4. Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Hong Kong SAR

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Hong Kong SAR (CIF) - 2022

The average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $3,650 per ton in 2022, growing by 24% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 +63.7% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 38% against the previous year. 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 Peru ($4,414 per ton), while the price for Canada ($2,464 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+47.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Hong Kong SAR (FOB) - 2022

The average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $3,407 per ton in 2022, growing by 7.5% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.4% 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 +39.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 31%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bangladesh ($4,142 per ton) and Taiwan (Chinese) ($3,399 per ton), while the average price for exports to Malaysia ($3,322 per ton) and China ($3,351 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Hong Kong SAR

In 2022, supplies from abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs decreased by -67% to 3.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 129%.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs declined remarkably to $11M in 2022. In general, imports, however, recorded notable growth. The pace of growth was the most pronounced in 2020 with an increase of 89%.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia5.66.38.54.5-7.0%
Peru0.73.57.14.180.3%
Spain3.61.50.71.0-34.8%
JapanN/AN/A4.10.8-80.5%
CanadaN/A3.41.00.5-61.7%
MalaysiaN/A0.7N/A0.4-24.4%
South KoreaN/A0.66.6N/A1000.0%
BelgiumN/A1.9N/AN/A0%
Others0.62.0N/A0.2-30.7%
Total10.519.827.911.42.8%

Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc to Hong Kong SAR in 2022:

  1. Australia (1390.2 tons)
  2. Peru (933.9 tons)
  3. Spain (304.0 tons)
  4. Canada (189.8 tons)
  5. Japan (176.9 tons)
  6. Malaysia (88.8 tons)

Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Hong Kong SAR

In 2022, approx. 2.7K tons of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs were exported from Hong Kong SAR; rising by 41% on the previous year. Over the period under review, exports, however, showed a deep setback. The pace of growth appeared the most rapid in 2020 when exports increased by 53%. As a result, the exports attained the peak of 7.1K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs surged to $9.1M in 2022. In general, exports, however, saw a abrupt contraction.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/A6.2N/A5.9-2.4%
China12.410.65.52.7-39.8%
Bangladesh0.30.10.50.410.1%
Malaysia0.2N/AN/A0.20.0%
Vietnam0.40.6N/AN/A50.0%
OthersN/A0.1N/AN/A0%
Total13.417.56.09.1-12.1%

Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc from Hong Kong SAR in 2022:

  1. Taiwan (Chinese) (1743.1 tons)
  2. China (801.6 tons)
  3. Bangladesh (85.8 tons)
  4. Malaysia (50.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zinc - Hong Kong SAR