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

Contents:

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

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

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $3,552 per ton in 2022, with an increase of 11% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs increased by +48.3% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 35% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

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 Turkey ($3,871 per ton), while the average price for exports to South Korea ($1,891 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 Turkey (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Iran (CIF) - 2022

The average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $2,685 per ton in 2022, shrinking by -1.7% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by -4.9% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 71% against the previous year. Over the period under review, average import prices reached the peak figure at $2,824 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 Taiwan (Chinese) ($4,512 per ton), while the price for Turkey ($1,874 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+17.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas shipments of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by -36.1% to 105K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. As a result, the exports attained the peak of 163K tons, and then reduced remarkably in the following year.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs dropped notably to $371M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 65%. As a result, the exports attained the peak of $525M, and then fell notably in the following year.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey14217328724820.4%
China72.059.112159.5-6.2%
Taiwan (Chinese)9.815.121.213.711.8%
Malaysia15.322.710.410.6-11.5%
India14.75.015.710.1-11.8%
Pakistan2.47.613.48.753.6%
South Korea4.75.66.95.34.1%
Afghanistan10.94.04.63.3-32.9%
United Arab Emirates11.313.931.12.9-36.5%
Others9.612.612.89.3-1.1%
Total2933195253718.2%

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

  1. Turkey (64.0K tons)
  2. China (18.6K tons)
  3. Taiwan (Chinese) (4.0K tons)
  4. Malaysia (4.0K tons)
  5. India (2.9K tons)
  6. South Korea (2.8K tons)
  7. Pakistan (2.5K tons)
  8. Afghanistan (1.2K tons)
  9. United Arab Emirates (0.9K tons)

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

For the third year in a row, Iran recorded decline in supplies from abroad of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs, which decreased by -0.5% to 9.9 tons in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The smallest decline of -0.4% was in 2020.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs reduced slightly to $26K in 2022. Overall, imports saw a noticeable descent. The smallest decline of -2.1% was in 2021.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan20.118.617.015.3-8.7%
Taiwan (Chinese)3.54.45.56.724.2%
Turkey4.64.64.54.4-1.5%
Others0.10.10.1N/A0.0%
Total28.227.627.126.5-2.1%

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

  1. Uzbekistan (6.0 tons)
  2. Turkey (2.3 tons)
  3. Taiwan (Chinese) (1.5 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 - Iran