Price for Zinc; Plates, Sheets, Strip and Foil in Canada - 2024

Contents:

1. Price for Zinc; Plates, Sheets, Strip and Foil in Canada (CIF) - 2024
2. Price for Zinc; Plates, Sheets, Strip and Foil in Canada (FOB) - 2022
3. Imports of Zinc; Plates, Sheets, Strip and Foil in Canada
4. Exports of Zinc; Plates, Sheets, Strip and Foil in Canada

Price for Zinc; Plates, Sheets, Strip and Foil in Canada (CIF) - 2024

In December 2023, the average import price for zinc; plates, sheets, strip and foils amounted to $7,258 per ton, approximately reflecting the previous month. In general, the import price, however, saw a resilient expansion. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 204% m-o-m. As a result, import price reached the peak level of $15,134 per ton. From September 2023 to December 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was South Korea ($34,146 per ton), while the price for Germany ($5,038 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Plates, Sheets, Strip and Foil in Canada (FOB) - 2022

In 2022, the average export price for zinc; plates, sheets, strip and foils amounted to $18,480 per ton, jumping by 73% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($8,639 per ton), while the average price for exports to Spain amounted to $6,469 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+15.0%).

Imports of Zinc; Plates, Sheets, Strip and Foil in Canada

Imports of zinc; plates, sheets, strip and foils into Canada surged to 445 tons in 2022, with an increase of 64% against 2021. Over the period under review, imports showed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of zinc; plates, sheets, strip and foils soared to $2.5M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to Canada in 2022:

1. United States (290.4 tons)
2. Germany (61.3 tons)
3. Spain (39.1 tons)
4. China (19.8 tons)
5. Peru (18.0 tons)
6. France (11.3 tons)
7. Netherlands (1.1 tons)

Exports of Zinc; Plates, Sheets, Strip and Foil in Canada

In 2022, approx. 20 tons of zinc; plates, sheets, strip and foils were exported from Canada; surging by 58% compared with 2021 figures. In general, exports showed resilient growth. The growth pace was the most rapid in 2021 with an increase of 67%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of zinc; plates, sheets, strip and foils soared to $175K in 2022. The total export value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from Canada in 2022:

1. United States (19.7 tons)
2. Spain (0.7 tons)

Source: IndexBox Market Intelligence Platform