Price for Zinc; Powders and Flakes in Colombia - 2022

Contents:

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

Price for Zinc; Powders and Flakes in Colombia (CIF) - 2022

In 2022, the average zinc; powders and flakes import price amounted to $1,246 per ton, which is down by -3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2018 when the average import price increased by 50% against the previous year. As a result, import price reached the peak level of $1,322 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,694 per ton), while the price for Argentina ($568 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Powders and Flakes in Colombia (FOB) - 2022

In 2022, the average zinc; powders and flakes export price amounted to $3,157 per ton, reducing by -1.8% against the previous year. Over the period under review, the export price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 38% against the previous year. The export price peaked at $8,031 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($3,495 per ton), while the average price for exports to Bolivia totaled $2,123 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+4.0%).

Imports of Zinc; Powders and Flakes in Colombia

In 2022, the amount of zinc; powders and flakeses imported into Colombia skyrocketed to 697 tons, increasing by 132% against 2021. In general, imports, however, saw a abrupt descent.

In value terms, zinc; powders and flakes imports skyrocketed to $868K in 2022. Over the period under review, imports, however, showed a drastic downturn.

Import of Zinc; Powders and Flakes in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico24559015932610.0%
Ecuador40625370.5151-28.1%
Peru13917567.2138-0.2%
United States60.510142.587.313.0%
Argentina53.375.818.745.9-4.9%
Venezuela51.251.18.815.2-33.3%
Free Zones16.520.76.012.4-9.1%
Others63.180.417.492.613.6%
Total1,0351,347390868-5.7%

Top Suppliers of Zinc; Powders and Flakes to Colombia in 2022:

  1. Mexico (305.5 tons)
  2. Ecuador (178.1 tons)
  3. Argentina (80.7 tons)
  4. Peru (42.8 tons)
  5. United States (23.6 tons)
  6. Free Zones (15.5 tons)
  7. Venezuela (12.1 tons)

Exports of Zinc; Powders and Flakes in Colombia

In 2022, the amount of zinc; powders and flakeses exported from Colombia skyrocketed to 1 tons, with an increase of 45% on 2021. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 2,031% against the previous year. As a result, the exports reached the peak of 1.4 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, zinc; powders and flakes exports soared to $3.3K in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 729%. As a result, the exports attained the peak of $4.3K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Zinc; Powders and Flakes in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Venezuela0.51.02.32.775.4%
BoliviaN/AN/AN/A0.50%
Costa RicaN/A3.3N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.54.32.33.387.6%

Top Export Markets for Zinc; Powders and Flakes from Colombia in 2022:

  1. Venezuela (785.0 kg)
  2. Bolivia (257.0 kg)

Source: IndexBox Market Intelligence Platform

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