Price for Zinc; Plates, Sheets, Strip and Foil in Thailand - 2024

Contents:

  1. Price for Zinc; Plates, Sheets, Strip and Foil in Thailand (CIF) - 2022
  2. Price for Zinc; Plates, Sheets, Strip and Foil in Thailand (FOB) - 2022
  3. Imports of Zinc; Plates, Sheets, Strip and Foil in Thailand
  4. Exports of Zinc; Plates, Sheets, Strip and Foil in Thailand

Price for Zinc; Plates, Sheets, Strip and Foil in Thailand (CIF) - 2022

The average import price for zinc; plates, sheets, strip and foils stood at $3,251 per ton in 2022, surging by 7.6% against the previous year. Overall, the import price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2017 an increase of 36%. The import price peaked at $5,120 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($76,667 per ton), while the price for China ($2,863 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Plates, Sheets, Strip and Foil in Thailand (FOB) - 2022

The average export price for zinc; plates, sheets, strip and foils stood at $2,830 per ton in 2022, with an increase of 3.4% against the previous year. In general, the export price recorded measured growth. The growth pace was the most rapid in 2017 an increase of 32% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

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 Japan ($3,576 per ton), while the average price for exports to Lao People's Democratic Republic ($1,277 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 Myanmar (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Plates, Sheets, Strip and Foil in Thailand

In 2022, the amount of zinc; plates, sheets, strip and foils imported into Thailand rose to 1.2K tons, with an increase of 3.4% compared with 2021. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year.

In value terms, imports of zinc; plates, sheets, strip and foils reached $3.7M in 2022. Over the period under review, imports, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 22%.

Import of Zinc; Plates, Sheets, Strip and Foil in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea3.82.43.23.3-4.6%
China0.1N/AN/A0.344.2%
Japan0.10.20.10.10.0%
OthersN/A0.1N/AN/A0%
Total4.02.73.43.7-2.6%

Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to Thailand in 2022:

  1. South Korea (1009.0 tons)
  2. China (122.2 tons)
  3. Japan (18.9 tons)

Exports of Zinc; Plates, Sheets, Strip and Foil in Thailand

In 2022, shipments abroad of zinc; plates, sheets, strip and foils decreased by -19.3% to 740 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 24% against the previous year. As a result, the exports attained the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of zinc; plates, sheets, strip and foils shrank sharply to $2.1M in 2022. Overall, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 8.1%. As a result, the exports reached the peak of $3.1M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Zinc; Plates, Sheets, Strip and Foil in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,4541,8491,7231,4910.8%
Myanmar676748386269-26.4%
Lao People's Democratic Republic587374278188-31.6%
Cambodia80.973.662.366.1-6.5%
Others38.121.260.379.027.5%
Total2,8373,0652,5102,094-9.6%

Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from Thailand in 2022:

  1. Japan (416.9 tons)
  2. Lao People's Democratic Republic (147.5 tons)
  3. Myanmar (125.0 tons)
  4. Cambodia (34.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Zinc; plates, sheets, strip and foil - Thailand