Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Malaysia - 2024

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Malaysia (CIF) - 2024
  2. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Malaysia (FOB) - 2022
  3. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Malaysia
  4. Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Malaysia

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Malaysia (CIF) - 2024

The average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $2,700 per ton in January 2024, approximately equating the previous month. In general, the import price continues to indicate a mild decline. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 5.1% m-o-m. Over the period under review, average import prices reached the maximum at $3,412 per ton in March 2023; however, from April 2023 to January 2024, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In January 2024, the highest price was recorded for prices from Japan ($2,728 per ton) and Canada ($2,715 per ton), while the price for Singapore ($2,688 per ton) and South Korea ($2,688 per ton) were amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Singapore (0.0%), 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 Malaysia (FOB) - 2022

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $3,181 per ton in 2022, growing by 23% against the previous year. In general, export price indicated resilient growth 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, export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs increased by +59.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 42% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($3,410 per ton) and China ($3,258 per ton), while the average price for exports to Japan ($2,949 per ton) and Singapore ($2,985 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 (+7.2%), 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 Malaysia

In 2022, the amount of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs imported into Malaysia amounted to 6.1K tons, stabilizing at the previous year's figure. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 222% against the previous year. As a result, imports attained the peak of 10K 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 less than 99.99% of zincs soared to $22M in 2022. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 151%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/A1.12.36.2137.4%
Australia0.30.43.15.7166.8%
Japan2.54.44.34.420.7%
Canada0.21.32.84.3178.1%
Taiwan (Chinese)0.80.11.10.80.0%
United Arab Emirates1.69.73.70.4-37.0%
India0.23.3N/AN/A1550.0%
Others3.01.10.40.6-41.5%
Total8.621.517.822.437.6%

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

  1. South Korea (1639.5 tons)
  2. Australia (1523.4 tons)
  3. Japan (1186.9 tons)
  4. Canada (1165.3 tons)
  5. Taiwan (Chinese) (268.6 tons)
  6. United Arab Emirates (114.8 tons)

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

In 2022, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs from Malaysia skyrocketed to 1.6K tons, picking up by 23% compared with the previous year. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs soared to $5.1M in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 103%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India44.875.763.52,083259.6%
Japan1,9091,4431,2681,854-1.0%
China63.3N/A1,147895141.8%
SingaporeN/AN/AN/A2360%
Indonesia131127862N/A156.5%
Taiwan (Chinese)325N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2,4741,6463,3405,06727.0%

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

  1. Japan (628.5 tons)
  2. India (610.9 tons)
  3. China (274.6 tons)
  4. Singapore (78.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zinc - Malaysia