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

Contents:

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

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

In December 2023, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $2,763 per ton, waning by -5.9% against the previous month. Over the period under review, the import price saw a slight decrease. The pace of growth was the most pronounced in January 2023 an increase of 113% m-o-m. As a result, import price reached the peak level of $6,656 per ton. From February 2023 to December 2023, the average import prices remained at a lower figure.

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

From December 2022 to December 2023, the rate of growth in terms of prices for Brazil amounted to -1.0% per month.

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

In 2022, the average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $1,812 per ton, waning by -79.9% against the previous year. Over the period under review, the export price recorded a perceptible decrease. The pace of growth appeared the most rapid in 2021 an increase of 136% against the previous year. As a result, the export price attained the peak level of $9,031 per ton, and then fell dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Zimbabwe.

From 2012 to 2022, the rate of growth in terms of prices for Zimbabwe amounted to -2.3% per year.

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

In 2022, the amount of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs imported into South Africa fell to 18K tons, declining by -9.4% against the previous year's figure. Over the period under review, imports saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 91% against the previous year.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs expanded modestly to $64M in 2022. In general, imports, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 145% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil39.825.562.560.815.2%
Peru6.2N/AN/A1.8-33.8%
CongoN/AN/AN/A1.50%
Namibia10.2N/AN/AN/A0%
Others0.4N/AN/A0.40.0%
Total56.625.562.564.44.4%

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

  1. Brazil (17.4K tons)
  2. Congo (0.6K tons)
  3. Peru (0.5K tons)

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

In 2022, the amount of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs exported from South Africa surged to 2.9 tons, increasing by 65% against the previous year's figure. Overall, exports, however, recorded a significant contraction. The growth pace was the most rapid in 2021 when exports increased by 92% against the previous year.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs fell markedly to $5.3K in 2022. Over the period under review, exports, however, saw a significant curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 352% against the previous year.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe0.73.40.15.396.4%
MozambiqueN/A0.215.8N/A7800.0%
Mauritius77.7N/AN/AN/A0%
Others0.1N/A0.2N/A41.4%
Total78.53.616.15.3-59.3%

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

  1. Zimbabwe (2.9 tons)

Source: IndexBox Market Intelligence Platform

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