Zinc Dust Price in Japan - 2023

Contents:

1. Zinc Dust Price in Japan (CIF) - 2023
2. Zinc Dust Price in Japan (FOB) - 2022
3. Zinc Dust Imports in Japan
4. Zinc Dust Exports in Japan

Zinc Dust Price in Japan (CIF) - 2023

The average zinc dust import price stood at $3,167 per ton in July 2023, with a decrease of -4.7% against the previous month. Over the period under review, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 3.8% m-o-m. Over the period under review, average import prices attained the peak figure at $4,377 per ton in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Malaysia ($3,163 per ton), while the price for South Korea stood at $3,145 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (-2.7%).

Zinc Dust Price in Japan (FOB) - 2022

The average zinc dust export price stood at $5,279 per ton in 2022, waning by -3.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 31% against the previous year. As a result, the export price attained the peak level of $6,806 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,889 per ton), while the average price for exports to China ($3,503 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 Thailand (+1.2%), while the prices for the other major destinations experienced a decline.

Zinc Dust Imports in Japan

After three years of growth, purchases abroad of zinc dusts decreased by -9.7% to 6.6K tons in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 83% against the previous year. As a result, imports reached the peak of 7.3K tons, and then shrank in the following year.

In value terms, zinc dust imports totaled $28M in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 134%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Zinc Dust to Japan in 2022:

1. South Korea (3.8K tons)
2. Malaysia (2.7K tons)

Zinc Dust Exports in Japan

Zinc dust exports from Japan skyrocketed to 269 tons in 2022, increasing by 17% on the previous year. The total export volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, zinc dust exports expanded notably to $1.4M in 2022. The total export value increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 20% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Zinc Dust from Japan in 2022:

1. Thailand (181.8 tons)
2. China (68.7 tons)
3. United States (12.0 tons)
4. Indonesia (2.4 tons)

Source: IndexBox Market Intelligence Platform