Price for Zinc; Dust, Powders and Flakes in New Zealand - 2023

Contents:

1. Price for Zinc; Dust, Powders and Flakes in New Zealand (CIF) - 2022
2. Price for Zinc; Dust, Powders and Flakes in New Zealand (FOB) - 2022
3. Imports of Zinc; Dust, Powders and Flakes in New Zealand
4. Exports of Zinc; Dust, Powders and Flakes in New Zealand

Price for Zinc; Dust, Powders and Flakes in New Zealand (CIF) - 2022

In 2022, the average import price for zinc; dust, powders and flakeses amounted to $3,848 per ton, picking up by 4.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2018 when the average import price increased by 20%. As a result, import price reached the peak level of $4,083 per ton. From 2019 to 2022, the average import prices remained 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 ($9,760 per ton), while the price for Malaysia ($3,535 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Dust, Powders and Flakes in New Zealand (FOB) - 2022

The average export price for zinc; dust, powders and flakeses stood at $2,468 per ton in 2022, shrinking by -18.3% against the previous year. In general, the export price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 85%. The export price peaked at $3,022 per ton in 2021, and then fell markedly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, 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) ($496 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+36.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Dust, Powders and Flakes in New Zealand

In 2022, approx. 241 tons of zinc; dust, powders and flakeses were imported into New Zealand; shrinking by -54.8% against 2021 figures. In general, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of 532 tons, and then reduced notably in the following year.

In value terms, zinc; dust, powders and flakes imports declined notably to $927K in 2022. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 58%. As a result, imports attained the peak of $2M, and then shrank rapidly in the following year.

Top Suppliers of Zinc; Dust, Powders and Flakes 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)

Exports of Zinc; Dust, Powders and Flakes in New Zealand

For the fourth year in a row, New Zealand recorded growth in overseas shipments of zinc; dust, powders and flakeses, which increased by 282% to 166 tons in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, zinc; dust, powders and flakes exports soared to $409K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Zinc; Dust, Powders and Flakes from New Zealand in 2022:

1. India (133.5 tons)
2. Taiwan (Chinese) (20.8 tons)
3. Thailand (11.0 tons)

Source: IndexBox Market Intelligence Platform