SADC: Zinc Powder Market 2024

Zinc Powder Market Size in SADC

The SADC zinc powder market reached $X in 2023, surging by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Zinc Powder Production in SADC

In value terms, zinc powder production soared to $X in 2023 estimated in export price. The total production indicated a mild expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2023, production growth failed to regain momentum.

Zinc Powder Exports

Exports in SADC

In 2023, after two years of growth, there was significant decline in shipments abroad of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets), when their volume decreased by X% to X tons. Overall, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2022 when exports increased by X%. As a result, the exports reached the peak of X tons, and then declined significantly in the following year.

In value terms, zinc powder exports fell notably to $X in 2023. In general, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, the exports attained the peak of $X, and then contracted rapidly in the following year.

Exports by Country

In 2023, Democratic Republic of the Congo (X tons) was the key exporter of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets), comprising X% of total exports. It was distantly followed by South Africa (X tons), committing a X% share of total exports. Tanzania (X tons) and Zambia (X tons) held a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to zinc powder exports from Democratic Republic of the Congo stood at X%. At the same time, Zambia (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. By contrast, South Africa (X%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (X p.p.) and Zambia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Tanzania (X p.p.) and South Africa (X p.p.) displayed negative dynamics.

In value terms, Democratic Republic of the Congo ($X) remains the largest zinc powder supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by South Africa ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

In Democratic Republic of the Congo, zinc powder exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: South Africa (X% per year) and Zambia (X% per year).

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, reducing by X% against the previous year. Overall, the export price recorded a slight slump. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the export price figures.

Zinc Powder Imports

Imports in SADC

In 2023, supplies from abroad of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) increased by X% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2023 and are likely to see gradual growth in the immediate term.

In value terms, zinc powder imports soared to $X in 2023. In general, imports posted resilient growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2023 and is likely to see steady growth in years to come.

Imports by Country

The purchases of the one major importers of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets), namely Zambia, represented more than two-thirds of total import.

Zambia was also the fastest-growing in terms of the zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) imports, with a CAGR of X% from 2012 to 2023. Zambia (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Zambia ($X) constitutes the largest market for imported zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) in SADC.

In Zambia, zinc powder imports expanded at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

The import price in SADC stood at $X per ton in 2023, with a decrease of X% against the previous year. In general, the import price saw a pronounced slump. The pace of growth was the most pronounced in 2017 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2023, the import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Zambia.

From 2012 to 2023, the rate of growth in terms of prices for Zambia amounted to X% per year.

Source: IndexBox Platform