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

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Peru (FOB) - 2022
  2. Price for Zinc; Bars, Rods, Profiles and Wire in Peru (CIF) - 2022
  3. Exports of Zinc; Bars, Rods, Profiles and Wire in Peru
  4. Imports of Zinc; Bars, Rods, Profiles and Wire in Peru

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

In 2022, the average export price for zinc; bars, rods, profiles and wires amounted to $3,709 per ton, rising by 20% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for zinc; bars, rods, profiles and wires increased by +48.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 35% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($3,750 per ton), while the average price for exports to Nicaragua totaled $3,696 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $4,670 per ton, increasing by 23% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.0% 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 +59.1% against 2016 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 26%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,080 per ton), while the price for the United States amounted to $4,533 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, shipments abroad of zinc; bars, rods, profiles and wires decreased by -61.3% to 333 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 47% against the previous year.

In value terms, exports of zinc; bars, rods, profiles and wires declined rapidly to $1.2M in 2022. In general, exports saw a deep setback. The growth pace was the most rapid in 2020 with an increase of 32%.

Export of Zinc; Bars, Rods, Profiles and Wire in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NicaraguaN/A5549261,02636.1%
Chile6611,006907202-32.6%
MalaysiaN/A262N/AN/A0%
Honduras862268773N/A-5.3%
Others63.02.149.56.7-52.6%
Total1,5872,0922,6541,234-8.0%

Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Peru in 2022:

  1. Nicaragua (277.5 tons)
  2. Chile (53.8 tons)

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

In 2022, the amount of zinc; bars, rods, profiles and wires imported into Peru fell sharply to 57 tons, which is down by -58.4% compared with the previous year. In general, imports faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 465%. As a result, imports attained the peak of 137 tons, and then contracted markedly in the following year.

In value terms, imports of zinc; bars, rods, profiles and wires declined sharply to $266K in 2022. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 400%. As a result, imports reached the peak of $521K, and then dropped significantly in the following year.

Import of Zinc; Bars, Rods, Profiles and Wire in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States39684.0470245-14.8%
GermanyN/AN/A38.221.6-43.5%
China27.8N/AN/AN/A0%
Others0.120.213.4N/A1057.6%
Total423104521266-14.3%

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

  1. United States (54.0 tons)
  2. Germany (3.1 tons)

Source: IndexBox Market Intelligence Platform

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