Price for Zinc; Bars, Rods, Profiles and Wire in Argentina - 2023

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

The average import price for zinc; bars, rods, profiles and wires stood at $5,860 per ton in 2022, increasing by 23% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for zinc; bars, rods, profiles and wires increased by +47.0% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($7,905 per ton), while the price for India ($4,668 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Bars, Rods, Profiles and Wire in Argentina (FOB) - 2022

The average export price for zinc; bars, rods, profiles and wires stood at $5,809 per ton in 2022, rising by 1.7% against the previous year. Over the period under review, the export price, however, showed a drastic downturn. The growth pace was the most rapid in 2014 an increase of 106% against the previous year. As a result, the export price reached the peak level of $18,750 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Uruguay.

From 2012 to 2022, the rate of growth in terms of prices for Uruguay amounted to -5.4% per year.

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

In 2022, the amount of zinc; bars, rods, profiles and wires imported into Argentina shrank to 25 tons, with a decrease of -5.1% compared with the year before. Over the period under review, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 82% against the previous year.

In value terms, imports of zinc; bars, rods, profiles and wires soared to $148K in 2022. Overall, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 118%.

Import of Zinc; Bars, Rods, Profiles and Wire in Argentina (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	91.3	16.4	54.6	63.6	-11.4%
China	39.1	19.4	43.8	56.4	13.0%
Portugal	61.8	18.3	20.1	10.9	-43.9%
United States	1.0	0.5	1.7	8.7	105.7%
India	2.0	0.7	1.1	2.3	4.8%
Others	6.6	2.7	5.3	5.6	-5.3%
Total	202	58.0	127	148	-9.8%

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

Belgium (13.2 tons)
China (7.9 tons)
Portugal (2.3 tons)
United States (1.1 tons)
India (0.5 tons)

Exports of Zinc; Bars, Rods, Profiles and Wire in Argentina

In 2022, the amount of zinc; bars, rods, profiles and wires exported from Argentina skyrocketed to 68 kg, increasing by 871% compared with the previous year. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of zinc; bars, rods, profiles and wires soared to $395 in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.