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

United Arab Emirates - Zinc - Market Analysis, Forecast, Size, Trends And Insights

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Zinc Price in the United Arab Emirates - 2021

Contents:

  1. Zinc Price in the United Arab Emirates (CIF) - 2022
  2. Zinc Price in the United Arab Emirates (FOB) - 2022
  3. Zinc Imports in the United Arab Emirates
  4. Zinc Exports in the United Arab Emirates

Zinc Price in the United Arab Emirates (CIF) - 2022

In 2021, the average zinc import price amounted to $3,023 per ton, surging by 24% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 37%. Over the period under review, average import prices hit record highs at $3,269 per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from India ($3,006 per ton) and Oman ($2,790 per ton), while the price for Canada ($2,220 per ton) and Belgium ($2,264 per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Namibia (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Zinc Price in the United Arab Emirates (FOB) - 2022

The average zinc export price stood at $2,132 per ton in 2021, reducing by -3.7% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 41% against the previous year. The export price peaked at $3,201 per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were India ($2,622 per ton) and China ($2,423 per ton), while the average price for exports to Taiwan (Chinese) ($2,130 per ton) and Malaysia ($2,170 per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Imports in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in purchases abroad of zinc, when their volume decreased by -19.1% to 78K tons. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.9% 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 +32.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 62% against the previous year. As a result, imports attained the peak of 97K tons, and then shrank significantly in the following year.

In value terms, zinc imports dropped remarkably to $219M in 2022. Overall, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 101%. As a result, imports reached the peak of $293M, and then contracted markedly in the following year.

Import of Zinc in the United Arab Emirates (Million USD)
COUNTRY201920202021CAGR,
2019-2021
India30.022.882.866.1%
Australia7.734.130.498.7%
OmanN/AN/A14.40%
ItalyN/A5.010.4108.0%
CanadaN/A1.16.2463.6%
Belgium0.60.35.9213.6%
Spain43.623.15.2-65.5%
South Korea55.230.6N/A-44.6%
Namibia12.7N/AN/A0%
Mexico5.0N/AN/A0%
Brazil11.64.3N/A-62.9%
Others9.724.7137275.8%
Total17614629329.0%

Top Suppliers of Zinc to the United Arab Emirates in 2022:

  1. India (27.6K tons)
  2. Australia (12.6K tons)
  3. Oman (5.2K tons)
  4. Italy (4.1K tons)
  5. Canada (2.8K tons)
  6. Belgium (2.6K tons)
  7. Spain (2.1K tons)

Zinc Exports in the United Arab Emirates

After three years of growth, overseas shipments of zinc decreased by -5.5% to 56K tons in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 103%.

In value terms, zinc exports shrank to $122M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.2% 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 +77.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 71%.

Export of Zinc in the United Arab Emirates (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China26.539.436.317.0%
Oman10.1N/A20.642.8%
Malaysia4.521.68.839.8%
India16.67.06.7-36.5%
Taiwan (Chinese)5.39.25.84.6%
ThailandN/A11.3N/A0%
Others5.328.348.3201.9%
Total68.311712635.8%

Top Export Markets for Zinc from the United Arab Emirates in 2022:

  1. China (15.0K tons)
  2. Oman (8.7K tons)
  3. Malaysia (4.0K tons)
  4. Taiwan (Chinese) (2.7K tons)
  5. India (2.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zinc market in the United Arab Emirates. 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:

    • United Arab Emirates

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in the United Arab Emirates
    • 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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