Price for Zinc; Dust, Powders and Flakes in Singapore - 2022

Contents:

  1. Price for Zinc; Dust, Powders and Flakes in Singapore (CIF) - 2022
  2. Price for Zinc; Dust, Powders and Flakes in Singapore (FOB) - 2022
  3. Imports of Zinc; Dust, Powders and Flakes in Singapore
  4. Exports of Zinc; Dust, Powders and Flakes in Singapore

Price for Zinc; Dust, Powders and Flakes in Singapore (CIF) - 2022

In 2022, the average import price for zinc; dust, powders and flakeses amounted to $5,162 per ton, picking up by 22% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc; dust, powders and flakes import price increased by +46.1% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($5,169 per ton) and Germany ($4,927 per ton), while the price for Indonesia ($3,858 per ton) and Malaysia ($4,331 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Dust, Powders and Flakes in Singapore (FOB) - 2022

In 2022, the average export price for zinc; dust, powders and flakeses amounted to $1,615 per ton, dropping by -9.4% against the previous year. Overall, the export price saw a pronounced descent. The growth pace was the most rapid in 2018 an increase of 27%. As a result, the export price attained the peak level of $3,912 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($4,976 per ton), while the average price for exports to Indonesia ($622 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 the Philippines (+4.3%), while the prices for the other major destinations experienced a decline.

Imports of Zinc; Dust, Powders and Flakes in Singapore

Zinc; dust, powders and flakes imports into Singapore contracted dramatically to 4.5K tons in 2022, reducing by -41.1% on the previous year. Over the period under review, imports faced a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 14%. As a result, imports attained the peak of 7.7K tons, and then shrank markedly in the following year.

In value terms, zinc; dust, powders and flakes imports shrank significantly to $23M in 2022. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, imports attained the peak of $32M, and then contracted significantly in the following year.

Import of Zinc; Dust, Powders and Flakes in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium27.522.531.522.3-6.7%
Germany0.30.3N/A0.518.6%
Malaysia0.70.30.10.3-24.6%
Indonesia0.30.30.70.2-12.6%
Others0.10.50.20.226.0%
Total28.823.932.523.4-6.7%

Top Suppliers of Zinc; Dust, Powders and Flakes to Singapore in 2022:

  1. Belgium (4305.1 tons)
  2. Germany (96.0 tons)
  3. Malaysia (67.7 tons)
  4. Indonesia (42.4 tons)

Exports of Zinc; Dust, Powders and Flakes in Singapore

In 2022, after three years of growth, there was significant decline in shipments abroad of zinc; dust, powders and flakeses, when their volume decreased by -34.3% to 315 tons. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 172%. As a result, the exports attained the peak of 479 tons, and then dropped markedly in the following year.

In value terms, zinc; dust, powders and flakes exports declined markedly to $509K in 2022. Overall, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 108%. As a result, the exports attained the peak of $855K, and then dropped remarkably in the following year.

Export of Zinc; Dust, Powders and Flakes in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/A16.52721548.5%
Philippines26.510641116885.1%
GermanyN/AN/AN/A28.70%
Malaysia78.625.588.515.0-42.4%
Indonesia16.35.42.87.4-23.1%
Thailand51.555.91434.1-57.0%
Vietnam4.81151040.6-50.0%
China1085.335.9N/A-42.3%
India12.338.948.3N/A98.2%
United Arab Emirates64.836.9N/AN/A-43.1%
Others9.022.14.412.812.5%
Total37241185550911.0%

Top Export Markets for Zinc; Dust, Powders and Flakes from Singapore in 2022:

  1. South Korea (248.5 tons)
  2. Philippines (33.8 tons)
  3. Indonesia (11.9 tons)
  4. Malaysia (9.1 tons)
  5. Germany (7.1 tons)
  6. Thailand (2.2 tons)
  7. Vietnam (0.3 tons)

Source: IndexBox Market Intelligence Platform

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