Price for Zinc; Bars, Rods, Profiles and Wire in Malaysia - 2024
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in Malaysia (FOB) - 2022
- Price for Zinc; Bars, Rods, Profiles and Wire in Malaysia (CIF) - 2022
- Exports of Zinc; Bars, Rods, Profiles and Wire in Malaysia
- Imports of Zinc; Bars, Rods, Profiles and Wire in Malaysia
Price for Zinc; Bars, Rods, Profiles and Wire in Malaysia (FOB) - 2022
The average export price for zinc; bars, rods, profiles and wires stood at $2,733 per ton in 2022, with an increase of 30% against the previous year. Overall, the export price recorded a temperate expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($3,368 per ton), while the average price for exports to Singapore ($2,161 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Zinc; Bars, Rods, Profiles and Wire in Malaysia (CIF) - 2022
The average import price for zinc; bars, rods, profiles and wires stood at $2,446 per ton in 2022, dropping by -1.9% against the previous year. Overall, the import price saw a slight decrease. The pace of growth appeared the most rapid in 2017 when the average import price increased by 7.4% against the previous year. The import price peaked at $2,936 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($6,958 per ton), while the price for China ($1,471 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Zinc; Bars, Rods, Profiles and Wire in Malaysia
In 2022, exports of zinc; bars, rods, profiles and wires from Malaysia shrank to 1.8K tons, waning by -3% compared with the previous year's figure. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.4% 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 +59.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 64%. As a result, the exports attained the peak of 1.9K tons, and then dropped in the following year.
In value terms, exports of zinc; bars, rods, profiles and wires skyrocketed to $5M in 2022. Overall, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 65%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Zinc; Bars, Rods, Profiles and Wire in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,892 | 1,785 | 2,372 | 4,026 | 28.6% |
| Singapore | 800 | 364 | 454 | 683 | -5.1% |
| Czech Republic | 248 | 98.6 | 225 | 258 | 1.3% |
| China | N/A | N/A | 227 | N/A | 0% |
| India | 103 | N/A | 374 | N/A | 90.6% |
| Others | 53.0 | 160 | 326 | 39.5 | -9.3% |
| Total | 3,096 | 2,408 | 3,979 | 5,007 | 17.4% |
Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Malaysia in 2022:
- Japan (1426.0 tons)
- Singapore (316.2 tons)
- Czech Republic (76.7 tons)
Imports of Zinc; Bars, Rods, Profiles and Wire in Malaysia
Imports of zinc; bars, rods, profiles and wires into Malaysia shrank to 1.3K tons in 2022, which is down by -1.5% against the previous year. Over the period under review, imports recorded a dramatic slump.
In value terms, imports of zinc; bars, rods, profiles and wires shrank slightly to $3.2M in 2022. Overall, imports continue to indicate a sharp downturn.
| Import of Zinc; Bars, Rods, Profiles and Wire in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,712 | 876 | 1,179 | 1,281 | -9.2% |
| India | 262 | 112 | 162 | 584 | 30.6% |
| Finland | 430 | 561 | 616 | 274 | -13.9% |
| Japan | 445 | 270 | 252 | 202 | -23.1% |
| Singapore | 26.4 | 5.2 | 33.4 | 201 | 96.7% |
| United Kingdom | N/A | 2.7 | N/A | 198 | 756.3% |
| South Korea | 107 | 252 | 5.1 | 7.1 | -59.5% |
| Thailand | 214 | 11.5 | N/A | 1.0 | -83.3% |
| Netherlands | N/A | 97.7 | 147 | 0.5 | -92.8% |
| Spain | 3,594 | 1,380 | 572 | N/A | -60.1% |
| Australia | 779 | 280 | N/A | N/A | -64.1% |
| Mexico | N/A | 484 | 283 | N/A | -41.5% |
| Canada | N/A | 349 | N/A | N/A | 0% |
| Others | 590 | 625 | 34.9 | 424 | -10.4% |
| Total | 8,159 | 5,306 | 3,285 | 3,172 | -27.0% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Malaysia in 2022:
- China (870.9 tons)
- India (170.2 tons)
- Singapore (58.8 tons)
- Finland (57.4 tons)
- United Kingdom (56.7 tons)
- Japan (33.3 tons)
- South Korea (1.0 tons)
- Netherlands (0.3 tons)
- Thailand (0.3 tons)
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