Zinc Dust Price in New Zealand - 2023

Contents:

1. Zinc Dust Price in New Zealand (CIF) - 2022
2. Zinc Dust Price in New Zealand (FOB) - 2022
3. Zinc Dust Imports in New Zealand
4. Zinc Dust Exports in New Zealand

Zinc Dust Price in New Zealand (CIF) - 2022

The average zinc dust import price stood at $3,808 per ton in 2022, rising by 4.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2017 when the average import price increased by 21% against the previous year. Over the period under review, average import prices hit record highs at $4,021 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Australia ($6,217 per ton), while the price for Malaysia ($3,533 per ton) was 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.

Zinc Dust Price in New Zealand (FOB) - 2022

The average zinc dust export price stood at $1,895 per ton in 2022, dropping by -27.5% against the previous year. Over the period under review, the export price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2017 an increase of 233% against the previous year. The export price peaked at $3,308 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($6,653 per ton), while the average price for exports to Taiwan (Chinese) amounted to $545 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+56.8%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Dust Imports in New Zealand

In 2022, the amount of zinc dusts imported into New Zealand declined remarkably to 240 tons, shrinking by -54.8% compared with 2021 figures. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. As a result, imports reached the peak of 532 tons, and then shrank notably in the following year.

In value terms, zinc dust imports fell notably to $915K in 2022. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, imports attained the peak of $1.9M, and then declined notably in the following year.

Top Suppliers of Zinc Dust to New Zealand in 2022:

1. Malaysia (132.5 tons)
2. Belgium (48.0 tons)
3. United States (38.5 tons)
4. Saudi Arabia (20.0 tons)

Zinc Dust Exports in New Zealand

Zinc dust exports from New Zealand rose remarkably to 50 tons in 2022, surging by 5.4% against 2021 figures. Over the period under review, exports posted a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 139%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, zinc dust exports contracted dramatically to $95K in 2022. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 89% against the previous year. As a result, the exports attained the peak of $125K, and then fell significantly in the following year.

Top Export Markets for Zinc Dust from New Zealand in 2022:

1. Taiwan (Chinese) (39.1 tons)
2. Thailand (11.0 tons)

Source: IndexBox Market Intelligence Platform