Price for Zinc; Bars, Rods, Profiles and Wire in Angola - 2022

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Angola (CIF) - 2022
  2. Imports of Zinc; Bars, Rods, Profiles and Wire in Angola

Price for Zinc; Bars, Rods, Profiles and Wire in Angola (CIF) - 2022

The average import price for zinc; bars, rods, profiles and wires stood at $1,824 per ton in 2022, reducing by -49.7% against the previous year. Over the period under review, the import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2016 an increase of 74%. The import price peaked at $5,676 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($12,125 per ton), while the price for Spain ($401 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+1.1%), while the prices for the other major suppliers experienced a decline.

Imports of Zinc; Bars, Rods, Profiles and Wire in Angola

In 2022, after two years of decline, there was significant growth in supplies from abroad of zinc; bars, rods, profiles and wires, when their volume increased by 576% to 60 tons. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of zinc; bars, rods, profiles and wires surged to $110K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Zinc; Bars, Rods, Profiles and Wire in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.22.23.535.5152.7%
South Africa11.6N/A4.825.129.3%
Portugal12.829.415.016.79.3%
United Arab Emirates7.36.71.56.5-3.8%
Qatar2.7N/AN/AN/A0%
Others14.46.27.626.522.5%
Total51.044.532.411029.2%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Angola in 2022:

  1. China (46.2 tons)
  2. Portugal (9.5 tons)
  3. South Africa (2.1 tons)
  4. United Arab Emirates (1.6 tons)

Source: IndexBox Market Intelligence Platform

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