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

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in South Africa (CIF) - 2024
  2. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in South Africa (FOB) - 2022
  3. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in South Africa
  4. Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in South Africa

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in South Africa (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 $2,735 per ton, falling by -7.6% against the previous month. Over the period under review, the import price saw a slight slump. The pace of growth appeared the most rapid in March 2024 when the average import price increased by 246% month-to-month. The import price peaked at $3,208 per ton in April 2023; however, from May 2023 to April 2024, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In April 2024, the highest price was recorded for prices from Brazil ($3,063 per ton) and South Korea ($2,926 per ton), while the price for India ($2,505 per ton) and Australia ($2,542 per ton) were amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Congo (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in South Africa (FOB) - 2022

In 2022, the average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $4,634 per ton, waning by -8% against the previous year. Over the period under review, the export price, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 157% against the previous year. As a result, the export price attained the peak level of $5,036 per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($7,470 per ton), while the average price for exports to Zimbabwe ($3,328 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 Kenya (+51.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs into South Africa rose rapidly to 57K tons, increasing by 15% against the previous year. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs skyrocketed to $163M in 2022. Overall, imports showed a significant increase. As a result, imports attained 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 South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil26.930.326.067.435.8%
IndiaN/A0.7N/A43.0683.8%
Peru8.515.920.29.84.9%
CongoN/AN/AN/A9.70%
KazakhstanN/AN/AN/A9.10%
Democratic Republic of the CongoN/AN/AN/A7.90%
JapanN/A1.3N/A7.8144.9%
Spain13.16.140.10.5-66.3%
Belgium2.912.611.2N/A96.5%
Namibia16.39.2N/AN/A-43.6%
Others2.26.79.48.456.3%
Total70.082.810716332.5%

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

  1. Brazil (24.5K tons)
  2. India (14.2K tons)
  3. Congo (5.7K tons)
  4. Peru (3.4K tons)
  5. Kazakhstan (3.1K tons)
  6. Japan (2.2K tons)
  7. Democratic Republic of the Congo (1.6K tons)
  8. Spain (0.4K tons)

Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in South Africa

In 2022, shipments abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs decreased by -71.6% to 31 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 116% against the previous year. As a result, the exports attained the peak of 146 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs dropped notably to $142K in 2022. In general, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 89%. As a result, the exports reached the peak of $542K, and then declined significantly in the following year.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/A53.0N/A10138.0%
Zimbabwe99.10.110124.1-37.6%
Sri Lanka1.40.90.610.595.7%
Democratic Republic of the CongoN/AN/AN/A5.40%
ChinaN/A224N/AN/A0%
MozambiqueN/AN/A27.6N/A0%
United KingdomN/A7.0N/AN/A0%
FranceN/AN/A83.0N/A0%
Zambia91.9N/AN/AN/A0%
Others16.01.53300.7-64.8%
Total208287542142-11.9%

Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc from South Africa in 2022:

  1. Kenya (21.1 tons)
  2. Zimbabwe (7.2 tons)
  3. Sri Lanka (1.4 tons)
  4. Democratic Republic of the Congo (0.8 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 - South Africa