Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Qatar - 2024

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Qatar (CIF) - 2024
  2. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Qatar

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Qatar (CIF) - 2024

In April 2024, the average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $2,633 per ton, almost unchanged from the previous month. In general, the import price saw a pronounced slump. The growth pace was the most rapid in February 2024 when the average import price increased by 2.1% m-o-m. The import price peaked at $3,624 per ton in April 2023; however, from May 2023 to April 2024, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In April 2024, the country with the highest price was Spain ($2,886 per ton), while the price for South Korea ($2,502 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Belgium (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, supplies from abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs increased by 22% to 3.1K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt slump.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs surged to $12M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.3% 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 +79.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A0.21.27.6516.4%
South Korea4.14.21.52.2-18.7%
AustraliaN/A0.71.31.964.8%
MexicoN/A0.20.80.441.4%
Belgium5.60.92.3N/A-35.9%
Uzbekistan0.20.4N/AN/A100.0%
Others0.70.20.80.2-34.1%
Total10.66.97.912.45.4%

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

  1. India (1889.5 tons)
  2. South Korea (624.0 tons)
  3. Australia (451.8 tons)
  4. Mexico (100.6 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 - Qatar