Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Saudi Arabia - 2022
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Saudi Arabia (FOB) - 2022
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Saudi Arabia (CIF) - 2022
- Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Saudi Arabia
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Saudi Arabia
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Saudi Arabia (FOB) - 2022
In 2021, the average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $1,533 per ton, with an increase of 52% against the previous year. In general, the export price recorded mild growth. The export price peaked at $1,634 per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were China ($2,186 per ton) and the United Arab Emirates ($2,050 per ton), while the average price for exports to the UK ($1,476 per ton) and India ($1,745 per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+4.4%), while the prices for the other major destinations experienced a decline.
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Saudi Arabia (CIF) - 2022
The average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $3,161 per ton in 2021, surging by 33% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 40%. Over the period under review, average import prices reached the maximum at $3,265 per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Kazakhstan ($3,635 per ton) and India ($3,371 per ton), while the price for South Korea ($2,995 per ton) and Spain ($3,114 per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Saudi Arabia
After two years of growth, shipments abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs decreased by -92.2% to 36 tons in 2022. Over the period under review, exports faced a dramatic decrease. The pace of growth was the most pronounced in 2021 when exports increased by 585% against the previous year. As a result, the exports reached the peak of 458 tons, and then declined dramatically in the following year.
In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs declined notably to $128K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 942%. As a result, the exports attained the peak of $702K, and then contracted rapidly in the following year.
| Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Saudi Arabia (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| United Kingdom | N/A | 600 | 0% |
| China | N/A | 38.2 | 0% |
| United Arab Emirates | N/A | 32.3 | 0% |
| India | N/A | 31.4 | 0% |
| Oman | 12.9 | N/A | 0% |
| Others | 54.4 | N/A | 0% |
| Total | 67.3 | 702 | 943.1% |
Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc from Saudi Arabia in 2022:
- United Kingdom (406.3 tons)
- India (18.0 tons)
- China (17.5 tons)
- United Arab Emirates (15.8 tons)
Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Saudi Arabia
After two years of growth, overseas purchases of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs decreased by -12.1% to 38K tons in 2021. Overall, imports saw a perceptible slump. The most prominent rate of growth was recorded in 2020 with an increase of 7.8%. As a result, imports reached the peak of 43K tons, and then dropped in the following year.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs surged to $120M in 2021. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. 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 Saudi Arabia (Million USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Spain | 33.9 | 43.7 | 42.9 | 12.5% |
| South Korea | 37.8 | 32.2 | 27.0 | -15.5% |
| Belgium | 10.1 | 12.6 | 21.3 | 45.2% |
| India | 8.9 | 4.0 | 17.0 | 38.2% |
| Australia | 5.7 | 4.0 | 5.7 | 0.0% |
| Others | 15.2 | 6.9 | 6.4 | -35.1% |
| Total | 112 | 103 | 120 | 3.5% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc to Saudi Arabia in 2022:
- Spain (13.8K tons)
- South Korea (9.0K tons)
- Belgium (6.5K tons)
- India (5.0K tons)
- Australia (1.8K tons)
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This report provides an in-depth analysis of the zinc market in Saudi Arabia.
555
This report provides an in-depth analysis of the zinc market in Saudi Arabia.
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This report provides an in-depth analysis of the zinc alloys market in Saudi Arabia.
975
This report provides an in-depth analysis of the global zinc market.
1150
This report provides an in-depth analysis of the global zinc market.
1973
This report provides an in-depth analysis of the global zinc alloys market.
865
This report provides an in-depth analysis of the zinc market in Saudi Arabia.
555
This report provides an in-depth analysis of the zinc market in Saudi Arabia.
509
This report provides an in-depth analysis of the zinc alloys market in Saudi Arabia.
975
This report provides an in-depth analysis of the global zinc market.
351
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.
2145
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...
791
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.
351
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.
2145
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...
791
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.
