Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kenya - 2023
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kenya (CIF) - 2023
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kenya (FOB) - 2022
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kenya
- Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kenya
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kenya (CIF) - 2023
The average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $2,981 per ton in December 2023, remaining stable against the previous month. Over the period under review, the import price, however, recorded a slight downturn. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 20% m-o-m. As a result, import price reached the peak level of $4,134 per ton. From May 2023 to December 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the countries with the highest prices were South Korea ($3,155 per ton) and Australia ($2,896 per ton), while the price for India ($2,735 per ton) and Spain ($2,829 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (0.0%), 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 Kenya (FOB) - 2022
In 2022, the average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $2,975 per ton, shrinking by -10.6% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% 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 decreased by -19.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 41%. As a result, the export price reached the peak level of $3,678 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Somalia ($22,334 per ton), while the average price for exports to India ($1,874 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 Uganda (-0.9%).
Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kenya
In 2022, supplies from abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs decreased by -54.9% to 5.9K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a abrupt setback. The growth pace was the most rapid in 2020 when imports increased by 37%.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs declined notably to $24M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 45%. As a result, imports reached the peak of $41M, and then fell dramatically in the following year.
| Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.2 | 6.7 | 13.5 | 6.5 | 1.6% |
| South Korea | 4.2 | 8.2 | 3.9 | 6.4 | 15.1% |
| Australia | 8.4 | 7.2 | 16.9 | 6.0 | -10.6% |
| Mexico | N/A | N/A | N/A | 1.0 | 0% |
| Russia | 1.2 | 1.4 | 1.7 | 1.0 | -5.9% |
| Peru | 0.5 | 1.0 | 1.0 | 0.6 | 6.3% |
| China | 0.6 | 0.6 | 0.6 | 0.4 | -12.6% |
| Belgium | 0.4 | 0.5 | 0.6 | 0.3 | -9.1% |
| Japan | 0.3 | 0.3 | 0.4 | 0.2 | -12.6% |
| Others | 1.5 | 2.4 | 2.3 | 1.0 | -12.6% |
| Total | 23.2 | 28.2 | 40.8 | 23.5 | 0.4% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc to Kenya in 2022:
- Australia (1746.4 tons)
- India (1479.0 tons)
- South Korea (1392.5 tons)
- Mexico (238.6 tons)
- Russia (228.4 tons)
- China (212.5 tons)
- Peru (183.6 tons)
- Japan (99.6 tons)
- Belgium (74.0 tons)
Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kenya
After three years of growth, overseas shipments of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs decreased by -78.3% to 20 tons in 2022. In general, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 128%. As a result, the exports attained the peak of 91 tons, and then dropped sharply in the following year.
In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs shrank significantly to $59K in 2022. Overall, exports saw a mild downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 142%.
| Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 50.5 | 135 | 252 | 40.9 | -6.8% |
| Somalia | N/A | N/A | N/A | 9.4 | 0% |
| India | 10.2 | 11.7 | 51.3 | 8.3 | -6.6% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 60.7 | 147 | 303 | 58.7 | -1.1% |
Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc from Kenya in 2022:
- Uganda (14.8 tons)
- India (4.5 tons)
- Somalia (0.4 tons)
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This report provides an in-depth analysis of the global zinc market.
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This report provides an in-depth analysis of the global zinc market.
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This report provides an in-depth analysis of the global zinc alloys market.
508
This report provides an in-depth analysis of the zinc market in Kenya.
326
This report provides an in-depth analysis of the zinc market in Kenya.
363
This report provides an in-depth analysis of the zinc alloys market in Kenya.
975
This report provides an in-depth analysis of the global zinc market.
354
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.
2147
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...
915
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...
793
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.
354
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.
2147
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...
915
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...
793
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.
