Zinc Dust Price in Vietnam - 2022

Zinc Dust Price in Vietnam (CIF) - 2022

In 2022, the average zinc dust import price amounted to $3,351 per ton, dropping by -8.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 20%. As a result, import price reached the peak level of $3,652 per ton, and then dropped in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($3,558 per ton) and South Korea ($3,455 per ton), while the price for Singapore ($2,891 per ton) and Malaysia ($3,237 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Zinc Dust Price in Vietnam (FOB) - 2022

In 2022, the average zinc dust export price amounted to $2,101 per ton, approximately mirroring the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc dust export price decreased by +0.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 65%. The export price peaked at $2,753 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($2,486 per ton), while the average price for exports to China totaled $816 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.0%).

Zinc Dust Imports in Vietnam

After three years of growth, overseas purchases of zinc dusts decreased by -0.3% to 2.5K tons in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 69%.

In value terms, zinc dust imports reduced to $8.4M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 54%.

Import of Zinc Dust in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malaysia	2.9	3.1	3.2	3.9	10.4%
South Korea	1.7	3.4	4.1	2.8	18.1%
India	0.2	0.9	1.1	1.4	91.3%
Singapore	N/A	0.1	0.1	0.1	0.0%
Others	0.1	0.2	0.7	0.2	26.0%
Total	5.0	7.6	9.2	8.4	18.9%

Top Suppliers of Zinc Dust to Vietnam in 2022:

Malaysia (1205.7 tons)
South Korea (800.0 tons)
India (391.6 tons)
Singapore (41.7 tons)

Zinc Dust Exports in Vietnam

In 2022, zinc dust exports from Vietnam rose markedly to 11 tons, increasing by 10% against 2021 figures. Overall, exports, however, showed a mild downturn.

In value terms, zinc dust exports amounted to $23K in 2022. Over the period under review, exports, however, recorded a abrupt decrease.