Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hong Kong SAR - 2023

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hong Kong SAR (CIF) - 2023
  2. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hong Kong SAR (FOB) - 2022
  3. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hong Kong SAR
  4. Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hong Kong SAR

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hong Kong SAR (CIF) - 2023

In November 2023, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $2,846 per ton, growing by 8.6% against the previous month. Over the last one months, it increased at an average monthly rate of +8.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From October 2023 to November 2023, the rate of growth in terms of prices for Canada amounted to +8.6% per month.

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hong Kong SAR (FOB) - 2022

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $3,010 per ton in 2021, with an increase of 4.9% against the previous year. In general, the export price continues to indicate pronounced growth. The growth pace was the most rapid in 2019 when the average export price increased by 99% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($11,605 per ton), while the average price for exports to the Philippines ($210 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+21.7%), while the prices for the other major destinations experienced a decline.

Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hong Kong SAR

Imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs into Hong Kong SAR declined slightly to 798 tons in 2022, falling by -3.7% compared with the previous year's figure. Over the period under review, imports saw a dramatic decrease. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs skyrocketed to $3.2M in 2022. Overall, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 72%.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada4.51.41.43.2-10.7%
Taiwan (Chinese)0.1N/AN/AN/A0%
PeruN/AN/A1.2N/A0%
OthersN/AN/AN/AN/A0%
Total4.51.52.63.2-10.7%

Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc to Hong Kong SAR in 2022:

  1. Canada (770.2 tons)
  2. Taiwan (Chinese) (27.3 tons)

Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hong Kong SAR

In 2021, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs from Hong Kong SAR skyrocketed to 17 tons, jumping by 48% against 2020. Overall, exports, however, recorded a sharp slump.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs soared to $52K in 2021. Over the period under review, exports, however, faced a dramatic decline.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hong Kong SAR (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Malaysia26924.642.3-60.3%
Thailand45.33.03.8-71.0%
Indonesia29.32.23.0-68.0%
Vietnam15.51.11.5-68.9%
China84.12.11.4-87.1%
Philippines1.90.10.1-77.1%
Taiwan (Chinese)83.00.6N/A-99.3%
Others0.2N/AN/A0%
Total52933.852.3-68.6%

Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc from Hong Kong SAR in 2022:

  1. Thailand (4.7 tons)
  2. Indonesia (4.1 tons)
  3. Malaysia (3.6 tons)
  4. China (2.7 tons)
  5. Vietnam (1.6 tons)
  6. Philippines (0.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zinc - Hong Kong SAR