Pakistan - Zinc - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Pakistan - Zinc - Market Analysis, Forecast, Size, Trends And Insights

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Zinc Price in Pakistan - 2023

Contents:

  1. Zinc Price in Pakistan (CIF) - 2023
  2. Zinc Price in Pakistan (FOB) - 2022
  3. Zinc Imports in Pakistan
  4. Zinc Exports in Pakistan

Zinc Price in Pakistan (CIF) - 2023

The average zinc import price stood at $3,393 per ton in February 2023, therefore, remained relatively stable against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 19% against the previous month. Over the period under review, average import prices reached the maximum at $4,085 per ton in June 2022; however, from July 2022 to February 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In February 2023, the country with the highest price was the United Arab Emirates ($3,506 per ton), while the price for Uzbekistan ($2,995 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Zinc Price in Pakistan (FOB) - 2022

In 2021, the average zinc export price amounted to $2,616 per ton, which is down by -6.6% against the previous year. Overall, the export price, however, saw a noticeable expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 71% against the previous year. As a result, the export price attained the peak level of $3,571 per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Sri Lanka amounted to +9.5% per year.

Zinc Imports in Pakistan

For the fourth year in a row, Pakistan recorded growth in purchases abroad of zinc, which increased by 10% to 25K tons in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% 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 +53.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, zinc imports surged to $93M in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Zinc in Pakistan (Million USD)
COUNTRY201920202021CAGR,
2019-2021
South Korea23.517.822.1-3.0%
Australia4.510.013.070.0%
Spain5.13.88.932.1%
UzbekistanN/AN/A7.00%
Belgium2.62.15.140.1%
Mexico1.11.33.578.4%
Iran1.81.71.7-2.8%
United Arab Emirates1.00.51.29.5%
Germany1.61.41.2-13.4%
Malaysia1.50.90.2-63.5%
Others3.95.04.01.3%
Total46.744.667.920.6%

Top Suppliers of Zinc to Pakistan in 2022:

  1. South Korea (7.4K tons)
  2. Australia (4.4K tons)
  3. Spain (3.0K tons)
  4. Uzbekistan (2.3K tons)
  5. Belgium (1.5K tons)
  6. Mexico (1.1K tons)
  7. Iran (0.5K tons)
  8. United Arab Emirates (0.4K tons)
  9. Germany (0.4K tons)
  10. Malaysia (0.1K tons)

Zinc Exports in Pakistan

In 2022, overseas shipments of zinc were finally on the rise to reach 35 tons after two years of decline. In general, exports, however, faced a precipitous shrinkage.

In value terms, zinc exports soared to $98K in 2022. Overall, exports, however, showed a significant contraction.

Export of Zinc in Pakistan (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
ChinaN/AN/A36.60%
Thailand38.2N/AN/A0%
Sri Lanka138144N/A4.3%
Malaysia86.5N/AN/A0%
India19.715.8N/A-19.8%
OthersN/AN/AN/A0%
Total28316036.6-64.0%

Top Export Markets for Zinc from Pakistan in 2022:

  1. China (14.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zinc market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Pakistan

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Pakistan
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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