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

Contents:

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

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

The average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $3,858 per ton in 2022, with an increase of 21% against the previous year. Over the period from 2021 to 2022, it increased at an average annual rate of +21.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($4,166 per ton), while the average price for exports to Oman ($3,788 per ton) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+19.0%).

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

In 2022, the average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $3,454 per ton, surging by 6.5% against the previous year. Overall, the import price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2016 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 continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($3,461 per ton), while the price for Turkey totaled $3,036 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+28.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs from Iraq soared to 128 tons, increasing by 146% compared with 2021. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs soared to $493K in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Iraq (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
OmanN/A2950%
Qatar16599.8-39.5%
BahrainN/A97.80%
OthersN/AN/A0%
Total165493198.8%

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

  1. Oman (78.0 tons)
  2. Qatar (26.3 tons)
  3. Bahrain (23.5 tons)

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

Imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs into Iraq contracted to 49 tons in 2022, shrinking by -2.2% on the year before. Overall, imports continue to indicate a slight downturn. The smallest decline of -0.5% was in 2020.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs expanded modestly to $170K in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +48.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A1680%
Turkey1140.62.42.4-72.4%
OmanN/A129161N/A24.8%
Others0.6N/AN/AN/A0%
Total11512916417013.9%

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

  1. United Arab Emirates (48.6 tons)
  2. Turkey (0.8 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 - Iraq