Price for Zinc; Dust, Powders and Flakes in the UK - 2023

Contents:

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

Price for Zinc; Dust, Powders and Flakes in the UK (CIF) - 2022

In 2022, the average import price for zinc; dust, powders and flakeses amounted to $3,400 per ton, surging by 32% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $3,560 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,027 per ton), while the price for Norway ($1,937 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Dust, Powders and Flakes in the UK (FOB) - 2022

In 2022, the average export price for zinc; dust, powders and flakeses amounted to $1,842 per ton, waning by -47.9% against the previous year. Overall, the export price saw a perceptible downturn. The pace of growth was the most pronounced in 2015 an increase of 43% against the previous year. The export price peaked at $4,283 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,847 per ton), while the average price for exports to Thailand ($862 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 Hong Kong SAR (+138.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Dust, Powders and Flakes in the UK

Zinc; dust, powders and flakes imports into the UK dropped modestly to 2K tons in 2022, with a decrease of -2.5% on 2021. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 113% against the previous year. As a result, imports reached the peak of 2K tons, and then fell in the following year.

In value terms, zinc; dust, powders and flakes imports soared to $6.7M in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Zinc; Dust, Powders and Flakes to the UK in 2022:

1. Belgium (502.5 tons)
2. Norway (470.3 tons)
3. Germany (469.2 tons)
4. Saudi Arabia (205.2 tons)
5. India (107.2 tons)
6. South Africa (88.6 tons)
7. Austria (81.2 tons)

Exports of Zinc; Dust, Powders and Flakes in the UK

In 2022, the amount of zinc; dust, powders and flakeses exported from the UK soared to 860 tons, increasing by 781% against the previous year. Over the period under review, exports continue to indicate significant growth. 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 surged to $1.6M in 2022. In general, exports showed a significant expansion. 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 the UK in 2022:

1. Thailand (445.6 tons)
2. India (297.8 tons)
3. Germany (24.8 tons)
4. Sweden (19.4 tons)
5. Ireland (14.1 tons)
6. Italy (0.7 tons)

Source: IndexBox Market Intelligence Platform