Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in India - 2023
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in India (CIF) - 2023
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in India (FOB) - 2022
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in India
- Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in India
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in India (CIF) - 2023
In November 2023, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $2,610 per ton, rising by 3.7% against the previous month. Overall, the import price, however, saw a noticeable descent. Over the period under review, average import prices hit record highs at $3,369 per ton in March 2023; however, from April 2023 to November 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the countries with the highest prices were South Korea ($2,768 per ton) and the United Arab Emirates ($2,609 per ton), while the price for Kenya ($2,177 per ton) and Thailand ($2,243 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Singapore (-1.0%), while the prices for the other major suppliers experienced a decline.
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in India (FOB) - 2022
In 2022, the average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $3,629 per ton, growing by 13% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.2% 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 less than 99.99% of zincs increased by +76.4% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 56%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($4,574 per ton) and Peru ($4,127 per ton), while the average price for exports to Malaysia ($3,105 per ton) and Italy ($3,169 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+33.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in India
In 2022, approx. 41K tons of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs were imported into India; with an increase of 16% against 2021 figures. The total import volume increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs skyrocketed to $157M in 2022. Overall, imports saw a prominent 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 Less than 99.99% of Zinc in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 81.2 | 66.2 | 73.0 | 119 | 13.6% |
| Japan | 0.1 | 2.5 | 20.8 | 19.9 | 483.8% |
| United Arab Emirates | 9.7 | 3.1 | 4.7 | 5.5 | -17.2% |
| Singapore | 0.3 | 0.1 | N/A | 2.3 | 97.2% |
| Kenya | 0.3 | 1.2 | 1.8 | 2.1 | 91.3% |
| Others | 11.5 | 6.2 | 6.1 | 8.3 | -10.3% |
| Total | 103 | 79.4 | 106 | 157 | 15.1% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc to India in 2022:
- South Korea (30.5K tons)
- Japan (5.2K tons)
- United Arab Emirates (1.6K tons)
- Kenya (0.7K tons)
- Singapore (0.7K tons)
Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in India
In 2022, approx. 4.8K tons of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs were exported from India; picking up by 413% on the previous year's figure. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 474% against the previous year. As a result, the exports reached the peak of 7.9K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs skyrocketed to $18M in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 0.1 | 3.2 | N/A | 4.5 | 255.7% |
| Peru | N/A | N/A | N/A | 3.3 | 0% |
| Italy | N/A | N/A | N/A | 2.2 | 0% |
| Taiwan (Chinese) | N/A | 3.2 | 1.9 | 1.5 | -31.5% |
| Vietnam | N/A | N/A | N/A | 1.4 | 0% |
| Netherlands | N/A | N/A | N/A | 1.0 | 0% |
| Japan | 0.5 | N/A | N/A | 1.0 | 26.0% |
| South Korea | N/A | N/A | 0.5 | 0.8 | 60.0% |
| Thailand | N/A | 1.0 | N/A | 0.4 | -36.8% |
| Singapore | N/A | 1.8 | N/A | 0.3 | -59.2% |
| Malaysia | N/A | 4.5 | N/A | 0.3 | -74.2% |
| Nepal | 2.4 | N/A | N/A | 0.1 | -65.3% |
| United Arab Emirates | N/A | 1.9 | N/A | N/A | 0% |
| Others | 0.5 | 0.6 | 0.6 | 0.8 | 17.0% |
| Total | 3.5 | 16.2 | 3.0 | 17.5 | 71.0% |
Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc from India in 2022:
- Indonesia (1290.5 tons)
- Peru (799.1 tons)
- Italy (691.8 tons)
- Taiwan (Chinese) (396.3 tons)
- Vietnam (298.2 tons)
- Netherlands (249.5 tons)
- Japan (242.0 tons)
- South Korea (237.8 tons)
- Singapore (100.0 tons)
- Thailand (99.6 tons)
- Malaysia (98.1 tons)
- Nepal (15.2 tons)
- United Arab Emirates (0.1 tons)
795
This report provides an in-depth analysis of the zinc market in India.
536
This report provides an in-depth analysis of the zinc market in India.
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This report provides an in-depth analysis of the zinc alloys market in India.
949
This report provides an in-depth analysis of the global zinc market.
1045
This report provides an in-depth analysis of the global zinc market.
1936
This report provides an in-depth analysis of the global zinc alloys market.
795
This report provides an in-depth analysis of the zinc market in India.
536
This report provides an in-depth analysis of the zinc market in India.
439
This report provides an in-depth analysis of the zinc alloys market in India.
949
This report provides an in-depth analysis of the global zinc market.
1510
The price of zinc decreased by -3.8% in November 2022, with a rate of $3,204 per ton (FOB, India).
282
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.
2110
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...
864
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...
741
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.
1510
The price of zinc decreased by -3.8% in November 2022, with a rate of $3,204 per ton (FOB, India).
282
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.
2110
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...
864
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...
741
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.
