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

Contents:

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

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

The average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $3,708 per ton in 2022, increasing by 21% against the previous year. In general, import price indicated a buoyant 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 +52.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 39% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($3,968 per ton) and India ($3,959 per ton), while the price for Malaysia ($2,727 per ton) and Kazakhstan ($2,742 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.9%), 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 Indonesia (FOB) - 2022

In 2022, the average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $3,229 per ton, increasing by 23% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of 34% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($4,462 per ton), while the average price for exports to Singapore ($1,539 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 Timor-Leste (+15.6%), 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 Indonesia

In 2022, approx. 90K tons of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs were imported into Indonesia; which is down by -7% compared with 2021 figures. In general, imports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 15%.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs reached $335M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India27.513.078.011159.2%
South Korea85.161.161.476.3-3.6%
Australia92.555.168.366.5-10.4%
Japan19.929.029.024.16.6%
Spain11.416.214.822.926.2%
Mexico0.91.310.48.8113.8%
Belgium7.53.64.36.2-6.1%
Namibia8.95.05.24.4-20.9%
Kazakhstan6.35.25.14.2-12.6%
Others27.116.220.511.3-25.3%
Total2872062973355.3%

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

  1. India (27.9K tons)
  2. South Korea (19.6K tons)
  3. Australia (16.8K tons)
  4. Spain (7.7K tons)
  5. Japan (6.1K tons)
  6. Mexico (2.7K tons)
  7. Belgium (2.1K tons)
  8. Namibia (2.0K tons)
  9. Kazakhstan (1.5K tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs, when their volume increased by 146% to 62 tons. In general, exports, however, showed a sharp shrinkage.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs surged to $199K in 2022. Over the period under review, exports, however, saw a dramatic curtailment.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A1240%
Taiwan (Chinese)15021230.331.6-40.5%
Timor-Leste13583.015.420.8-46.4%
India80.445.57.89.6-50.8%
Thailand10044.45.95.7-61.5%
China43.021.53.23.5-56.7%
Singapore57.211.31.61.7-69.0%
Others27.011.41.51.4-62.7%
Total59342965.7199-30.5%

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

  1. Germany (32.8 tons)
  2. Taiwan (Chinese) (11.0 tons)
  3. Timor-Leste (10.4 tons)
  4. India (2.2 tons)
  5. Thailand (2.0 tons)
  6. China (1.7 tons)
  7. Singapore (1.1 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 - Indonesia