Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Sri Lanka - 2022
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Sri Lanka (CIF) - 2022
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Sri Lanka (FOB) - 2022
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Sri Lanka
- Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Sri Lanka
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Sri Lanka (CIF) - 2022
In 2022, the average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $3,816 per ton, rising by 12% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs increased by +56.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 40%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($8,763 per ton), while the price for Germany ($2,183 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.0%), 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 Sri Lanka (FOB) - 2022
The average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $2,676 per ton in 2022, flattening at the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2021 an increase of 12%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +3.4% per year.
Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Sri Lanka
In 2022, purchases abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs decreased by -20.9% to 1.1K tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by 15% against the previous year. As a result, imports reached the peak of 2.1K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs reduced to $4.1M in 2022. In general, imports saw a deep contraction. The smallest decline of -2.4% was in 2020.
| Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 634 | 718 | 1,551 | 1,483 | 32.7% |
| Peru | 407 | 664 | 522 | 834 | 27.0% |
| Belgium | 1,554 | 1,769 | 973 | 796 | -20.0% |
| United Arab Emirates | 49.8 | 112 | 384 | 331 | 88.0% |
| South Korea | 1,129 | 1,138 | 755 | 314 | -34.7% |
| Malaysia | 143 | 171 | 99.2 | 85.4 | -15.8% |
| Germany | 44.3 | 63.4 | 42.6 | 81.5 | 22.5% |
| Spain | 278 | 47.7 | 17.6 | 67.7 | -37.6% |
| Others | 905 | 338 | 309 | 139 | -46.4% |
| Total | 5,145 | 5,022 | 4,654 | 4,131 | -7.1% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc to Sri Lanka in 2022:
- Belgium (349.0 tons)
- India (277.9 tons)
- Peru (170.3 tons)
- South Korea (84.9 tons)
- United Arab Emirates (77.4 tons)
- Germany (37.4 tons)
- Malaysia (29.7 tons)
- Spain (21.6 tons)
Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Sri Lanka
For the fourth year in a row, Sri Lanka recorded growth in overseas shipments of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs, which increased by 0.5% to 34 tons in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 68% against the previous year. Over the period under review, the exports of hit record highs 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 reached $91K in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 88%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 35.4 | 48.5 | 91.0 | 91.4 | 37.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 35.4 | 48.5 | 91.0 | 91.4 | 37.2% |
Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc from Sri Lanka in 2022:
- India (34.2 tons)
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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.
395
This report provides an in-depth analysis of the zinc market in Sri Lanka.
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This report provides an in-depth analysis of the zinc market in Sri Lanka.
378
This report provides an in-depth analysis of the zinc alloys market in Sri Lanka.
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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.
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.
