Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Argentina - 2023

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Argentina (CIF) - 2023
  2. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Argentina (FOB) - 2022
  3. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Argentina
  4. Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Argentina

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Argentina (CIF) - 2023

In June 2023, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $3,511 per ton, waning by -5.5% against the previous month. Overall, the import price continues to indicate a mild decrease. The pace of growth appeared the most rapid in February 2023 an increase of 6.5% against the previous month. The import price peaked at $4,035 per ton in March 2023; however, from April 2023 to June 2023, import prices remained at a lower figure.

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

From December 2022 to June 2023, the rate of growth in terms of prices for Brazil amounted to -1.2% per month.

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Argentina (FOB) - 2022

In 2022, the average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $2,100 per ton, reducing by -19.9% against the previous year. Overall, the export price recorded a mild reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 20%. The export price peaked at $55,000 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($2,182 per ton), while the average price for exports to China totaled $1,748 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+9.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Argentina

In 2022, after three years of growth, there was significant decline in overseas purchases of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs, when their volume decreased by -14.2% to 15K tons. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.6% 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 +24.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of 18K tons, and then fell in the following year.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs totaled $62M in 2022. Over the period under review, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 75% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil31.825.343.553.418.9%
Mexico6.28.515.78.611.5%
OthersN/AN/AN/A0.10%
Total38.033.859.262.017.7%

Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc to Argentina in 2022:

  1. Brazil (13.0K tons)
  2. Mexico (2.3K tons)

Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Argentina

In 2022, the amount of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs exported from Argentina declined significantly to 148 tons, waning by -76.3% on the year before. Overall, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 50%. As a result, the exports attained the peak of 627 tons, and then fell remarkably in the following year.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs contracted rapidly to $312K in 2022. In general, exports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 80% against the previous year. As a result, the exports reached the peak of $1.6M, and then reduced markedly in the following year.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru1,3409151,643262-42.0%
ChinaN/AN/AN/A49.00%
OthersN/AN/A0.1N/A0%
Total1,3409151,643312-38.5%

Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc from Argentina in 2022:

  1. Peru (120.3 tons)
  2. China (28.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zinc - Argentina