Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Pakistan - 2023
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Pakistan (CIF) - 2023
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Pakistan (FOB) - 2022
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Pakistan
- Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Pakistan
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Pakistan (CIF) - 2023
In December 2023, the average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $2,763 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the import price, however, continues to indicate a pronounced descent. The pace of growth appeared the most rapid in May 2023 an increase of 46% m-o-m. The import price peaked at $3,572 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the countries with the highest prices were Spain ($2,835 per ton) and South Korea ($2,823 per ton), while the price for Iran ($2,617 per ton) and Australia ($2,788 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 Namibia (+3.6%), 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 Pakistan (FOB) - 2022
In 2022, the average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $1,647 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the maximum at $3,219 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 Tanzania.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to 0.0% per year.
Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Pakistan
After three years of growth, purchases abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs decreased by -5.5% to 12K tons in 2022. The total import volume increased at an average annual rate of +10.0% over the period 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 imports increased by 24% against the previous year.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs expanded sharply to $43M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.2% 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 +73.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 1.5 | 4.0 | 6.1 | 9.4 | 84.4% |
| Spain | 3.0 | 2.6 | 5.4 | 5.5 | 22.4% |
| South Korea | 8.8 | 6.1 | 4.0 | 5.1 | -16.6% |
| Mexico | 1.0 | 1.1 | 3.1 | 4.8 | 68.7% |
| Singapore | 1.7 | 1.9 | 2.4 | 2.6 | 15.2% |
| Turkey | N/A | N/A | N/A | 2.5 | 0% |
| United Arab Emirates | 0.9 | 0.4 | 1.1 | 2.1 | 32.6% |
| Iran | 0.1 | 0.1 | 1.5 | 1.6 | 152.0% |
| Kazakhstan | N/A | N/A | N/A | 1.6 | 0% |
| Russia | 0.6 | 0.7 | 0.9 | 1.3 | 29.4% |
| Australia | 2.3 | 5.3 | 5.8 | 1.0 | -24.2% |
| Belgium | 1.4 | 0.3 | 0.7 | 1.0 | -10.6% |
| Oman | N/A | 1.1 | 3.1 | N/A | 181.8% |
| Others | 3.2 | 2.6 | 3.5 | 4.2 | 9.5% |
| Total | 24.6 | 26.2 | 37.6 | 42.7 | 20.2% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc to Pakistan in 2022:
- Uzbekistan (2469.9 tons)
- Spain (1692.3 tons)
- South Korea (1285.1 tons)
- Mexico (1149.1 tons)
- Singapore (833.9 tons)
- Turkey (832.1 tons)
- United Arab Emirates (590.6 tons)
- Iran (455.8 tons)
- Kazakhstan (347.2 tons)
- Russia (306.1 tons)
- Australia (258.8 tons)
- Belgium (243.0 tons)
Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Pakistan
In 2022, after two years of decline, there was decline in shipments abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs, when their volume decreased by 0% to 300 kg. Overall, exports faced a significant decrease. The smallest decline of 99.9% was in 2020.
In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $494 in 2022. In general, exports recorded a significant decrease. The smallest decline of 99.9% was in 2020.
| Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 0.5 | 0% |
| Malaysia | 283 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 283 | N/A | N/A | 0.5 | -87.9% |
Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc from Pakistan in 2022:
- Tanzania (300.0 kg)
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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.
773
This report provides an in-depth analysis of the zinc market in Pakistan.
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This report provides an in-depth analysis of the zinc market in Pakistan.
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This report provides an in-depth analysis of the zinc alloys market in Pakistan.
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This report provides an in-depth analysis of the global zinc market.
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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.
