
U.S. - Zinc Oxide And Zinc Peroxide - Market Analysis, Forecast, Size, Trends And Insights
U.S. Zinc Oxide Price Contracts for Three Consecutive Months to $3.7K per Ton
U.S. Zinc Oxide Import Price per Ton August 2022
In August 2022, the zinc oxide price per ton amounted to $3.7K, almost unchanged from the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in May 2022 an increase of 12% m-o-m. As a result, import price reached the peak level of $4.2K per ton. From June 2022 to August 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was the Netherlands ($6.0K per ton), while the price for Mexico ($3.1K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Zinc Oxide Imports
In August 2022, supplies from abroad of zinc oxide and zinc peroxide increased by 3.4% to 8.4K tons, rising for the second consecutive month after three months of decline. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 when imports increased by 28% against the previous month. As a result, imports attained the peak of 11K tons. From April 2022 to August 2022, the growth of imports remained at a somewhat lower figure.
In value terms, zinc oxide imports expanded slightly to $31M (IndexBox estimates) in August 2022. The total import value increased at an average monthly rate of +2.5% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth was the most pronounced in March 2022 with an increase of 36% m-o-m. As a result, imports attained the peak of $39M. From April 2022 to August 2022, the growth of imports failed to regain momentum.
U.S. Zinc Oxide Imports by Country
Canada (3.8K tons), Mexico (3.2K tons) and Peru (696 tons) were the main suppliers of zinc oxide imports to the United States, with a combined 92% share of total imports.
From January 2022 to August 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Peru (with a CAGR of +8.5%), while imports for the other leaders experienced mixed trend patterns.
In value terms, Canada ($13M), Mexico ($9.9M) and Peru ($2.7M) appeared to be the largest zinc oxide suppliers to the United States, with a combined 84% share of total imports.
Among the main suppliers, Peru, with a CAGR of +12.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the zinc oxide market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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