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

Contents:

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

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

The average import price for zinc; bars, rods, profiles and wires stood at $4,388 per ton in 2022, declining by -3% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 decreased by -15.2% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 27%. As a result, import price reached the peak level of $5,174 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($5,728 per ton), while the price for Uzbekistan ($2,858 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for zinc; bars, rods, profiles and wires stood at $1,385 per ton in 2022, waning by -10% against the previous year. In general, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 349%. Over the period under review, the average export prices reached the maximum at $2,752 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +29.2% per year.

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

For the fourth consecutive year, Russia recorded growth in supplies from abroad of zinc; bars, rods, profiles and wires, which increased by 17% to 760 tons in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of zinc; bars, rods, profiles and wires expanded markedly to $3.3M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 28% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Uzbekistan (242.0 tons)
2. China (195.6 tons)
3. India (125.9 tons)
4. Poland (109.7 tons)
5. Turkey (79.0 tons)

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

Exports of zinc; bars, rods, profiles and wires from Russia rose remarkably to 174 tons in 2022, growing by 15% compared with the previous year. Over the period under review, exports, however, recorded a deep contraction.

In value terms, exports of zinc; bars, rods, profiles and wires reached $241K in 2022. In general, exports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 38%.

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

1. Kazakhstan (173.9 tons)

Source: IndexBox Market Intelligence Platform