Zinc Dust Price in Thailand - 2023
Contents:
- Zinc Dust Price in Thailand (FOB) - 2023
- Zinc Dust Price in Thailand (CIF) - 2022
- Zinc Dust Exports in Thailand
- Zinc Dust Imports in Thailand
Zinc Dust Price in Thailand (FOB) - 2023
In September 2023, the average zinc dust export price amounted to $727 per ton, waning by -13.9% against the previous month. Overall, the export price saw a noticeable descent. The pace of growth appeared the most rapid in January 2023 an increase of 105% against the previous month. As a result, the export price reached the peak level of $1,940 per ton. From February 2023 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was India ($1,745 per ton), while the average price for exports to China totaled $708 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (-1.7%).
Zinc Dust Price in Thailand (CIF) - 2022
In 2022, the average zinc dust import price amounted to $1,569 per ton, shrinking by -6.6% against the previous year. In general, the import price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2017 an increase of 35% against the previous year. The import price peaked at $3,813 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($8,524 per ton), while the price for Morocco ($503 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+720.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Zinc Dust Exports in Thailand
In 2022, approx. 31K tons of zinc dusts were exported from Thailand; picking up by 3.8% against the year before. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 413% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, zinc dust exports soared to $31M in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 155%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Zinc Dust in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.0 | 7.1 | 13.4 | 25.5 | 194.3% |
| India | 3.1 | 3.8 | 4.0 | 4.4 | 12.4% |
| Belgium | 0.3 | N/A | 0.2 | 0.9 | 44.2% |
| Australia | 0.2 | 0.8 | 0.7 | N/A | 87.1% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 4.7 | 11.9 | 18.5 | 30.9 | 87.3% |
Top Export Markets for Zinc Dust from Thailand in 2022:
- China (28.6K tons)
- India (2.1K tons)
- Belgium (0.6K tons)
Zinc Dust Imports in Thailand
For the fourth year in a row, Thailand recorded growth in purchases abroad of zinc dusts, which increased by 84% to 14K tons in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 143%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, zinc dust imports skyrocketed to $22M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Zinc Dust in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | N/A | 0.6 | 2.6 | 5.2 | 194.4% |
| Bangladesh | N/A | N/A | 0.4 | 4.8 | 1100.0% |
| Malaysia | 2.9 | 1.5 | 2.7 | 3.0 | 1.1% |
| Indonesia | 0.8 | 1.5 | 2.0 | 2.6 | 48.1% |
| Taiwan (Chinese) | N/A | 1.1 | 1.7 | 1.9 | 31.4% |
| Ecuador | N/A | N/A | 0.3 | 0.6 | 100.0% |
| Morocco | N/A | N/A | N/A | 0.2 | 0% |
| Others | 1.7 | 2.3 | 3.1 | 3.6 | 28.4% |
| Total | 5.5 | 7.0 | 12.8 | 22.0 | 58.7% |
Top Suppliers of Zinc Dust to Thailand in 2022:
- Bangladesh (5.6K tons)
- Philippines (4.4K tons)
- Taiwan (Chinese) (1.4K tons)
- Morocco (0.5K tons)
- Malaysia (0.5K tons)
- Ecuador (0.4K tons)
- Indonesia (0.3K tons)
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As of July 2023, the price of Zinc Powder was $982 per ton (FOB, Thailand), showing a 12% increase compared to the previous month.
1429
In value terms, zinc dust, powders and flakes imports amounted to $X in 2016. In general, zinc dust, powders and flakes imports continue to indicate a drastic curtailment. Global zinc dust, powders...
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