Price for Zinc; Bars, Rods, Profiles and Wire in New Zealand - 2024
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in New Zealand (CIF) - 2024
- Price for Zinc; Bars, Rods, Profiles and Wire in New Zealand (FOB) - 2022
- Imports of Zinc; Bars, Rods, Profiles and Wire in New Zealand
- Exports of Zinc; Bars, Rods, Profiles and Wire in New Zealand
Price for Zinc; Bars, Rods, Profiles and Wire in New Zealand (CIF) - 2024
In December 2023, the average import price for zinc; bars, rods, profiles and wires amounted to $4,226 per ton, growing by 10% against the previous month. In general, the import price, however, showed a mild descent. The growth pace was the most rapid in June 2023 when the average import price increased by 113% month-to-month. As a result, import price attained the peak level of $10,925 per ton. From July 2023 to December 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Finland ($4,159 per ton), while the price for China amounted to $4,084 per ton.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Australia (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Zinc; Bars, Rods, Profiles and Wire in New Zealand (FOB) - 2022
The average export price for zinc; bars, rods, profiles and wires stood at $7,218 per ton in 2022, growing by 23% against the previous year. In general, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 266%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for French Polynesia amounted to +7.9% per year.
Imports of Zinc; Bars, Rods, Profiles and Wire in New Zealand
In 2022, purchases abroad of zinc; bars, rods, profiles and wires increased by 11% to 381 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt descent.
In value terms, imports of zinc; bars, rods, profiles and wires surged to $1.9M in 2022. In general, imports continue to indicate a relatively flat trend pattern. 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 New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,195 | 1,121 | 1,085 | 1,461 | 6.9% |
| China | 267 | 189 | 275 | 185 | -11.5% |
| India | 64.6 | 72.7 | N/A | 96.1 | 14.2% |
| Finland | 280 | 60.0 | 80.9 | 85.2 | -32.7% |
| Others | 7.9 | 69.6 | 1.3 | 24.0 | 44.8% |
| Total | 1,815 | 1,512 | 1,443 | 1,851 | 0.7% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to New Zealand in 2022:
- Germany (295.7 tons)
- China (40.3 tons)
- India (23.0 tons)
- Finland (20.0 tons)
Exports of Zinc; Bars, Rods, Profiles and Wire in New Zealand
In 2022, the amount of zinc; bars, rods, profiles and wires exported from New Zealand fell sharply to 1.8 tons, with a decrease of -63% compared with 2021 figures. Over the period under review, exports saw a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 17%.
In value terms, exports of zinc; bars, rods, profiles and wires contracted notably to $13K in 2022. In general, exports saw a precipitous decline. The growth pace was the most rapid in 2021 when exports increased by 327%.
| Export of Zinc; Bars, Rods, Profiles and Wire in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1.8 | N/A | 21.1 | 13.0 | 93.3% |
| French Polynesia | 4.8 | N/A | 7.3 | N/A | 23.3% |
| Tonga | 25.7 | 6.7 | N/A | N/A | -73.9% |
| Others | 1.5 | N/A | 0.2 | N/A | -63.5% |
| Total | 33.9 | 6.7 | 28.6 | 13.0 | -27.3% |
Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from New Zealand in 2022:
- Australia (1.8 tons)
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