Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Singapore - 2023
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Singapore (FOB) - 2022
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Singapore (CIF) - 2023
- Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Singapore
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Singapore
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Singapore (FOB) - 2022
In 2022, the average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $2,352 per ton, dropping by -11% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2017 when the average export price increased by 39% against the previous year. As a result, the export price attained the peak level of $2,884 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($3,680 per ton), while the average price for exports to Belgium ($2,192 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 Belgium (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Singapore (CIF) - 2023
The average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $2,465 per ton in June 2023, picking up by 2% against the previous month. In general, the import price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 13% against the previous month. As a result, import price attained the peak level of $3,648 per ton. From August 2022 to June 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Spain ($2,830 per ton) and South Korea ($2,463 per ton), while the price for India ($2,429 per ton) and Australia ($2,456 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.7%), while the prices for the other major suppliers experienced a decline.
Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Singapore
For the fourth consecutive year, Singapore recorded growth in shipments abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs, which increased by 321% to 153K tons in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,845%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs skyrocketed to $359M in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,552%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | 0.3 | 208 | 69233.3% |
| Netherlands | N/A | N/A | N/A | 68.8 | 0% |
| Bangladesh | 0.6 | 7.9 | 15.3 | 19.8 | 220.8% |
| Pakistan | N/A | 2.4 | 2.7 | 12.1 | 124.5% |
| Taiwan (Chinese) | N/A | 4.0 | 14.0 | 10.1 | 58.9% |
| Indonesia | 0.6 | 8.9 | 20.5 | 6.8 | 124.6% |
| Vietnam | N/A | 3.9 | 21.6 | 4.2 | 3.8% |
| Others | 1.2 | 11.8 | 21.4 | 29.3 | 190.1% |
| Total | 2.4 | 39.0 | 95.8 | 359 | 430.8% |
Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc from Singapore in 2022:
- Belgium (94.9K tons)
- Netherlands (31.3K tons)
- Bangladesh (5.4K tons)
- Taiwan (Chinese) (3.6K tons)
- Pakistan (3.3K tons)
- Indonesia (3.1K tons)
- Vietnam (1.5K tons)
Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Singapore
In 2022, approx. 89K tons of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs were imported into Singapore; rising by 19% against the year before. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 678% against the previous year. As a result, imports attained the peak of 111K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs surged to $290M in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 553% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 11.9 | 142 | 201 | 233 | 169.5% |
| China | N/A | N/A | N/A | 17.7 | 0% |
| Peru | 1.7 | 12.5 | N/A | 16.0 | 111.1% |
| Spain | 6.1 | 1.6 | 0.6 | 6.6 | 2.7% |
| Japan | 0.6 | 12.9 | 1.3 | 5.7 | 111.8% |
| Australia | 11.0 | 24.3 | 1.6 | 2.4 | -39.8% |
| Namibia | 0.8 | 27.9 | 0.8 | 1.5 | 23.3% |
| Mexico | N/A | 12.8 | 2.5 | 0.6 | -78.3% |
| Others | 4.9 | 7.7 | 4.2 | 5.5 | 3.9% |
| Total | 37.0 | 241 | 212 | 290 | 98.6% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc to Singapore in 2022:
- India (70.4K tons)
- China (4.9K tons)
- Peru (4.6K tons)
- Spain (3.0K tons)
- Japan (2.6K tons)
- Australia (1.0K tons)
- Namibia (0.7K tons)
- Mexico (0.3K tons)
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This report provides an in-depth analysis of the zinc market in Singapore.
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This report provides an in-depth analysis of the zinc market in Singapore.
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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.
705
This report provides an in-depth analysis of the zinc market in Singapore.
425
This report provides an in-depth analysis of the zinc market in Singapore.
428
This report provides an in-depth analysis of the zinc alloys market in Singapore.
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.
