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

Contents:

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

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

The average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $2,399 per ton in 2022, declining by -28.9% against the previous year. Over the period under review, the import price, however, continues to indicate pronounced growth. The pace of growth appeared the most rapid in 2017 an increase of 53%. The import price peaked at $3,377 per ton in 2021, and then reduced sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($11,000 per ton), while the price for India ($860 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $1,960 per ton in 2022, growing by 23% against the previous year. Over the period under review, the export price, however, showed a mild downturn. The export price peaked at $2,325 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,022 per ton), while the average price for exports to Malaysia totaled $1,603 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+8.4%).

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

For the third consecutive year, Sri Lanka recorded decline in supplies from abroad of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs, which decreased by -65.8% to 51 tons in 2022. Over the period under review, imports saw a dramatic downturn. The smallest decline of -1.2% was in 2021.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs reduced markedly to $123K in 2022. Overall, imports saw a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan29213110551.9-43.8%
Iran10115510937.9-27.9%
United Arab Emirates39.828.723119.4-21.3%
Pakistan72.644.556.612.1-45.0%
India40.8N/A2.11.1-70.0%
Others11.22.32.40.4-67.1%
Total558362506123-39.6%

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

  1. Uzbekistan (19.7 tons)
  2. Iran (15.6 tons)
  3. United Arab Emirates (8.5 tons)
  4. Pakistan (6.2 tons)
  5. India (1.3 tons)

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

For the fourth consecutive year, Sri Lanka recorded growth in shipments abroad of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs, which increased by 22% to 25 tons in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.3% 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 +49.3% against 2019 indices. As a result, the exports attained 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 skyrocketed to $49K in 2022. Overall, exports continue to indicate 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 Less than 99.99% of Zinc in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India13.421.129.143.047.5%
Malaysia8.15.43.46.0-9.5%
OthersN/AN/AN/AN/A0%
Total21.526.432.549.031.6%

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

  1. India (21.3 tons)
  2. Malaysia (3.7 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 - Sri Lanka