Price for Zinc; Powders and Flakes in South Africa - 2023

Contents:

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

Price for Zinc; Powders and Flakes in South Africa (CIF) - 2022

In 2022, the average zinc; powders and flakes import price amounted to $1,935 per ton, declining by -85% against the previous year. In general, the import price faced a sharp setback. The growth pace was the most rapid in 2018 an increase of 668%. The import price peaked at $27,792 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to 0.0% per year.

Price for Zinc; Powders and Flakes in South Africa (FOB) - 2022

The average zinc; powders and flakes export price stood at $5,969 per ton in 2022, rising by 208% against the previous year. Over the period under review, the export price saw a buoyant expansion. The pace of growth was the most pronounced in 2016 an increase of 215%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($8,253 per ton), while the average price for exports to Democratic Republic of the Congo ($428 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 Zambia (+41.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Powders and Flakes in South Africa

In 2022, supplies from abroad of zinc; powders and flakeses was finally on the rise to reach 26 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a drastic downturn.

In value terms, zinc; powders and flakes imports plummeted to $49K in 2022. In general, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year.

Import of Zinc; Powders and Flakes in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/AN/AN/A45.80%
Switzerland0.615.557.10.1-45.0%
Zimbabwe29.2N/AN/AN/A0%
United Kingdom57.038.2N/AN/A-33.0%
Others7.03.713.63.5-20.6%
Total93.957.570.749.4-19.3%

Top Suppliers of Zinc; Powders and Flakes to South Africa in 2022:

  1. Switzerland (undefined tons)
  2. Kenya (25.1 tons)

Exports of Zinc; Powders and Flakes in South Africa

For the third consecutive year, South Africa recorded decline in overseas shipments of zinc; powders and flakeses, which decreased by -85.5% to 1.9 tons in 2022. Over the period under review, exports saw a dramatic decrease. The smallest decline of -60% was in 2021.

In value terms, zinc; powders and flakes exports reduced dramatically to $11K in 2022. Overall, exports faced a precipitous shrinkage.

Export of Zinc; Powders and Flakes in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mozambique5.313.59.25.83.1%
Zambia2.7N/A0.15.123.6%
Democratic Republic of the CongoN/AN/AN/A0.10%
Namibia185N/AN/A0.1-91.9%
Argentina68.0N/AN/AN/A0%
Zimbabwe0.147.1N/AN/A47000.0%
Mauritius6.34.215.7N/A57.9%
Others4.00.4N/A0.1-70.8%
Total27165.325.011.2-65.4%

Top Export Markets for Zinc; Powders and Flakes from South Africa in 2022:

  1. Mozambique (880.0 kg)
  2. Zambia (615.0 kg)
  3. Democratic Republic of the Congo (333.0 kg)
  4. Namibia (46.0 kg)

Source: IndexBox Market Intelligence Platform

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