Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Vietnam - 2022
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Vietnam (CIF) - 2022
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Vietnam (FOB) - 2022
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Vietnam
- Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Vietnam
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Vietnam (CIF) - 2022
The average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $3,788 per ton in 2022, growing by 22% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.5% 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 +55.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 39%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($3,807 per ton) and Japan ($3,807 per ton), while the price for Spain ($2,717 per ton) and Peru ($3,807 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+6.7%), 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 Vietnam (FOB) - 2022
In 2022, the average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $3,411 per ton, picking up by 48% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs increased by +47.8% against 2020 indices. 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 Indonesia ($8,405 per ton), while the average price for exports to Lao People's Democratic Republic ($1,637 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 South Korea (+46.0%), 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 Vietnam
In 2022, after three years of growth, there was significant decline in purchases abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs, when their volume decreased by -13.8% to 84K tons. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 11%.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs expanded markedly to $320M in 2022. The total import value increased at an average annual rate of +9.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 115 | 108 | 119 | 145 | 8.0% |
| India | 4.2 | 9.1 | 77.9 | 58.7 | 140.9% |
| Japan | 8.3 | 35.1 | 41.5 | 53.4 | 86.0% |
| Australia | 75.3 | 55.3 | 47.7 | 43.2 | -16.9% |
| China | 0.1 | 0.7 | N/A | 6.4 | 300.0% |
| Spain | 8.5 | 3.3 | 0.3 | 4.0 | -22.2% |
| Canada | 7.3 | 7.7 | 5.8 | 3.0 | -25.7% |
| Peru | 12.4 | 2.6 | 6.1 | 2.9 | -38.4% |
| Others | 10.7 | 10.2 | 4.2 | 3.1 | -33.8% |
| Total | 241 | 232 | 303 | 320 | 9.9% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc to Vietnam in 2022:
- South Korea (38.1K tons)
- India (15.4K tons)
- Japan (14.0K tons)
- Australia (11.3K tons)
- China (1.7K tons)
- Spain (1.5K tons)
- Canada (0.8K tons)
- Peru (0.8K tons)
Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Vietnam
For the third year in a row, Vietnam recorded decline in shipments abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs, which decreased by -19.1% to 105 tons in 2022. In general, exports faced a abrupt slump. The smallest decline of -5.5% was in 2020.
In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs skyrocketed to $359K in 2022. Over the period under review, exports recorded a abrupt downturn.
| Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 255 | 400 | 146 | 118 | -22.7% |
| India | N/A | N/A | N/A | 115 | 0% |
| Indonesia | N/A | N/A | N/A | 82.6 | 0% |
| Argentina | 197 | N/A | 154 | 43.6 | -39.5% |
| Others | 9.7 | N/A | N/A | N/A | 0% |
| Total | 462 | 400 | 301 | 359 | -8.1% |
Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc from Vietnam in 2022:
- Lao People's Democratic Republic (72.3 tons)
- India (15.9 tons)
- Indonesia (9.8 tons)
- Argentina (7.3 tons)
731
This report provides an in-depth analysis of the zinc market in Vietnam.
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This report provides an in-depth analysis of the zinc market in Vietnam.
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This report provides an in-depth analysis of the zinc alloys market in Vietnam.
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This report provides an in-depth analysis of the global zinc market.
1152
This report provides an in-depth analysis of the global zinc market.
1975
This report provides an in-depth analysis of the global zinc alloys market.
731
This report provides an in-depth analysis of the zinc market in Vietnam.
866
This report provides an in-depth analysis of the zinc market in Vietnam.
603
This report provides an in-depth analysis of the zinc alloys market in Vietnam.
975
This report provides an in-depth analysis of the global zinc market.
354
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.
2149
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...
916
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.
354
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.
2149
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...
916
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.
