Price for Zinc; Powders and Flakes in Switzerland - 2023

Contents:

1. Price for Zinc; Powders and Flakes in Switzerland (FOB) - 2022
2. Price for Zinc; Powders and Flakes in Switzerland (CIF) - 2023
3. Exports of Zinc; Powders and Flakes in Switzerland
4. Imports of Zinc; Powders and Flakes in Switzerland

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

The average zinc; powders and flakes export price stood at $9,252 per ton in 2022, rising by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($10,667 per ton) and France ($10,371 per ton), while the average price for exports to the United States ($8,337 per ton) and South Korea ($8,352 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Zinc; Powders and Flakes in Switzerland (CIF) - 2023

In September 2023, the average zinc; powders and flakes import price amounted to $4,541 per ton, reducing by -34.9% against the previous month. Over the period under review, the import price faced a abrupt descent. The growth pace was the most rapid in October 2022 when the average import price increased by 931% m-o-m. As a result, import price reached the peak level of $175K per ton. From November 2022 to September 2023, the average import prices failed to regain momentum.

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

From September 2022 to September 2023, the rate of growth in terms of prices for Bulgaria amounted to +0.5% per month.

Exports of Zinc; Powders and Flakes in Switzerland

In 2022, zinc; powders and flakes exports from Switzerland contracted markedly to 925 tons, waning by -18.8% on the previous year's figure. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 32%. As a result, the exports reached the peak of 1.1K tons, and then reduced markedly in the following year.

In value terms, zinc; powders and flakes exports reduced to $8.6M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. As a result, the exports reached the peak of $9.1M, and then contracted in the following year.

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

1. Belgium (322.3 tons)
2. China (154.1 tons)
3. United States (148.9 tons)
4. South Korea (100.0 tons)
5. Germany (76.4 tons)
6. Taiwan (Chinese) (37.0 tons)
7. France (24.5 tons)

Imports of Zinc; Powders and Flakes in Switzerland

After three years of growth, supplies from abroad of zinc; powders and flakeses decreased by -64.7% to 271 tons in 2022. Over the period under review, imports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 769 tons, and then declined markedly in the following year.

In value terms, zinc; powders and flakes imports fell remarkably to $1.6M in 2022. In general, imports saw a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of $3.4M, and then dropped dramatically in the following year.

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

1. Austria (125.8 tons)
2. Germany (122.5 tons)
3. Bulgaria (11.3 tons)
4. Belgium (7.5 tons)

Source: IndexBox Market Intelligence Platform