Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kuwait - 2022

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kuwait (FOB) - 2022
  2. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kuwait (CIF) - 2022
  3. Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kuwait
  4. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kuwait

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kuwait (FOB) - 2022

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $3,601 per ton in July 2022, remaining relatively unchanged against the previous month. In general, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level of $3,601 per ton, leveling off in the following month.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From June 2022 to July 2022, the rate of growth in terms of prices for South Korea amounted to 0.0% per month.

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kuwait (CIF) - 2022

In 2022, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $5,654 per ton, surging by 8% against the previous year. Over the period under review, the import price continues to indicate a mild expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 28% against the previous year. 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 noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($5,740 per ton), while the price for the United States stood at $5,202 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.0%).

Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kuwait

In 2022, overseas shipments of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs were finally on the rise to reach 72 tons after two years of decline. Overall, exports continue to indicate strong growth. 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 less than 99.99% of zincs surged to $259K in 2022. Over the period under review, exports recorded a significant expansion. 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 Less than 99.99% of Zinc in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/AN/A2200%
India10684.052.338.8-28.5%
OthersN/AN/AN/AN/A0%
Total10684.052.325934.7%

Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc from Kuwait in 2022:

  1. South Korea (57.6 tons)
  2. India (14.3 tons)

Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kuwait

Imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs into Kuwait contracted remarkably to 6.7 tons in 2022, dropping by -16% on 2021. Over the period under review, imports continue to indicate a abrupt slump. The smallest decline of -16% was in 2020.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs shrank to $38K in 2022. In general, imports recorded a drastic downturn. The smallest decline of -9.2% was in 2020.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany39.136.834.532.2-6.3%
United States11.69.27.35.8-20.6%
Others0.10.1N/AN/A0.0%
Total50.846.141.938.0-9.2%

Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc to Kuwait in 2022:

  1. Germany (5.6 tons)
  2. United States (1.1 tons)

Source: IndexBox Market Intelligence Platform

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