Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kuwait - 2022
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kuwait (CIF) - 2022
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kuwait (FOB) - 2022
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kuwait
- Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kuwait
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kuwait (CIF) - 2022
In 2022, the average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $3,788 per ton, rising by 29% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.5% 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 +57.7% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 41% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.
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 India ($4,111 per ton), while the price for Spain ($2,433 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.6%), 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 Kuwait (FOB) - 2022
In 2022, the average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $1,240 per ton, with a decrease of -1.9% against the previous year. In general, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2016 when the average export price decreased by -1.9% against the previous year. The export price peaked at $2,843 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -8.0% per year.
Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kuwait
After two years of decline, supplies from abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs increased by 6.2% to 1.5K tons in 2022. Over the period under review, imports, however, recorded a abrupt contraction.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs surged to $5.8M in 2022. In general, imports, however, showed a deep contraction.
| Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 196 | 204 | 1,261 | 1,707 | 105.7% |
| India | 529 | 324 | 233 | 1,616 | 45.1% |
| South Korea | 4,442 | 2,599 | 1,434 | 929 | -40.6% |
| Russia | 359 | 352 | 320 | 355 | -0.4% |
| Spain | 917 | 394 | 334 | 345 | -27.8% |
| Belgium | 736 | 118 | 232 | 327 | -23.7% |
| Peru | N/A | N/A | N/A | 314 | 0% |
| Netherlands | 123 | 117 | 102 | 110 | -3.7% |
| Others | 178 | 70.1 | 284 | 63.5 | -29.1% |
| Total | 7,479 | 4,178 | 4,201 | 5,767 | -8.3% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc to Kuwait in 2022:
- Australia (415.1 tons)
- India (393.1 tons)
- South Korea (225.9 tons)
- Spain (142.0 tons)
- Belgium (115.5 tons)
- Russia (101.8 tons)
- Peru (76.5 tons)
- Netherlands (34.9 tons)
Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kuwait
For the fourth consecutive year, Kuwait recorded growth in shipments abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs, which increased by 14% to 71 tons in 2022. The total export volume increased at an average annual rate of +13.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. The exports peaked in 2022 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 rose significantly to $89K in 2022. The total export value increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 12% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 63.5 | 71.0 | 79.3 | 88.6 | 11.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 63.5 | 71.0 | 79.3 | 88.6 | 11.7% |
Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc from Kuwait in 2022:
- India (71.5 tons)
347
This report provides an in-depth analysis of the zinc market in Kuwait.
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This report provides an in-depth analysis of the zinc market in Kuwait.
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This report provides an in-depth analysis of the zinc alloys market in Kuwait.
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This report provides an in-depth analysis of the global zinc market.
1151
This report provides an in-depth analysis of the global zinc market.
1974
This report provides an in-depth analysis of the global zinc alloys market.
347
This report provides an in-depth analysis of the zinc market in Kuwait.
404
This report provides an in-depth analysis of the zinc market in Kuwait.
363
This report provides an in-depth analysis of the zinc alloys market in Kuwait.
975
This report provides an in-depth analysis of the global zinc market.
353
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.
2146
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...
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.
353
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.
2146
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...
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.
