Price for Zinc; Powders and Flakes in Japan - 2023
Contents:
- Price for Zinc; Powders and Flakes in Japan (FOB) - 2023
- Price for Zinc; Powders and Flakes in Japan (CIF) - 2023
- Exports of Zinc; Powders and Flakes in Japan
- Imports of Zinc; Powders and Flakes in Japan
Price for Zinc; Powders and Flakes in Japan (FOB) - 2023
In September 2023, the average zinc; powders and flakes export price amounted to $3,716 per ton, picking up by 11% against the previous month. In general, the export price, however, showed a mild decline. The export price peaked at $4,504 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($6,782 per ton), while the average price for exports to Indonesia ($3,339 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Zinc; Powders and Flakes in Japan (CIF) - 2023
The average zinc; powders and flakes import price stood at $3,577 per ton in September 2023, approximately equating the previous month. Over the period under review, the import price saw a perceptible descent. The growth pace was the most rapid in July 2023 an increase of 49% against the previous month. The import price peaked at $5,700 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Switzerland ($9,787 per ton), while the price for Malaysia ($3,141 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Zinc; Powders and Flakes in Japan
In 2022, shipments abroad of zinc; powders and flakeses decreased by -15% to 3.3K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 31%.
In value terms, zinc; powders and flakes exports shrank slightly to $15M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, the exports attained the peak of $15M, and then shrank in the following year.
| Export of Zinc; Powders and Flakes in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 4.9 | 7.6 | 9.9 | 9.5 | 24.7% |
| Thailand | 3.5 | 2.3 | 2.9 | 3.2 | -2.9% |
| China | 0.4 | 0.9 | 1.2 | 0.9 | 31.0% |
| Brazil | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
| Others | 0.9 | 0.9 | 1.0 | 0.7 | -8.0% |
| Total | 10.0 | 12.0 | 15.4 | 14.8 | 14.0% |
Top Export Markets for Zinc; Powders and Flakes from Japan in 2022:
- Indonesia (2197.3 tons)
- Thailand (686.3 tons)
- China (193.9 tons)
- Brazil (100.0 tons)
Imports of Zinc; Powders and Flakes in Japan
In 2022, imports of zinc; powders and flakeses into Japan surged to 1.1K tons, jumping by 202% compared with the previous year. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, zinc; powders and flakes imports skyrocketed to $4M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Zinc; Powders and Flakes in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | N/A | 1,984 | 0% |
| Malaysia | N/A | 13.5 | 758 | 1,334 | 894.1% |
| China | 1,196 | 745 | 555 | 284 | -38.1% |
| Germany | 19.7 | 4.4 | N/A | 96.1 | 69.6% |
| Switzerland | 96.6 | 66.9 | 99.8 | 91.2 | -1.9% |
| South Korea | 161 | 166 | 91.7 | 51.9 | -31.4% |
| Others | 55.6 | 47.2 | 73.2 | 120 | 29.2% |
| Total | 1,529 | 1,043 | 1,577 | 3,961 | 37.3% |
Top Suppliers of Zinc; Powders and Flakes to Japan in 2022:
- Thailand (713.3 tons)
- Malaysia (306.6 tons)
- China (54.7 tons)
- Germany (18.2 tons)
- South Korea (9.7 tons)
- Switzerland (9.3 tons)
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