Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in the Philippines - 2024
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in the Philippines (CIF) - 2022
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in the Philippines (FOB) - 2022
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in the Philippines
- Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in the Philippines
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in the Philippines (CIF) - 2022
The average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $3,822 per ton in 2022, surging by 27% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.8% 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 +54.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 43% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Canada ($4,014 per ton) and Australia ($3,963 per ton), while the price for China ($3,060 per ton) and Singapore ($3,243 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.5%), 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 the Philippines (FOB) - 2022
The average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $3,730 per ton in 2022, jumping by 259% against the previous year. Overall, the export price posted a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($4,335 per ton), while the average price for exports to the United States stood at $734 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-1.9%), while the prices for the other major destinations experienced a decline.
Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in the Philippines
In 2022, the amount of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs imported into the Philippines shrank rapidly to 3K tons, with a decrease of -41.1% on the previous year. Over the period under review, imports showed a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 26%.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs reduced rapidly to $11M in 2022. In general, imports showed a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 53% against the previous year.
| Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 6.1 | 3.7 | 6.6 | 5.5 | -3.4% |
| Japan | 11.8 | 2.1 | 3.3 | 2.5 | -40.4% |
| Canada | 1.1 | 1.5 | 1.9 | 2.3 | 27.9% |
| Australia | 1.3 | 1.2 | 2.3 | 0.8 | -14.9% |
| Spain | 0.1 | 0.8 | 0.5 | N/A | 123.6% |
| Russia | 0.9 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.6 | 0.6 | 0.3 | -33.1% |
| Total | 22.4 | 9.9 | 15.2 | 11.3 | -20.4% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc to the Philippines in 2022:
- South Korea (1485.2 tons)
- Japan (630.7 tons)
- Canada (564.7 tons)
- Australia (197.3 tons)
Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in the Philippines
Exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs from the Philippines soared to 238 tons in 2022, picking up by 182% against the year before. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs surged to $889K in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | N/A | 856 | 0% |
| United States | 111 | 16.0 | 45.4 | 29.7 | -35.6% |
| Japan | N/A | 271 | N/A | N/A | 0% |
| China | N/A | N/A | 42.6 | N/A | 0% |
| Malaysia | 42.5 | 17.2 | N/A | N/A | -59.5% |
| Others | N/A | N/A | N/A | 3.0 | 0% |
| Total | 153 | 304 | 88.0 | 889 | 79.8% |
Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc from the Philippines in 2022:
- Thailand (197.4 tons)
- United States (40.5 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.
572
This report provides an in-depth analysis of the zinc market in the Philippines.
606
This report provides an in-depth analysis of the zinc market in the Philippines.
411
This report provides an in-depth analysis of the zinc alloys market in the Philippines.
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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.
