Price for Zinc; Bars, Rods, Profiles and Wire in South Africa - 2024
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in South Africa (CIF) - 2022
- Price for Zinc; Bars, Rods, Profiles and Wire in South Africa (FOB) - 2022
- Imports of Zinc; Bars, Rods, Profiles and Wire in South Africa
- Exports of Zinc; Bars, Rods, Profiles and Wire in South Africa
Price for Zinc; Bars, Rods, Profiles and Wire in South Africa (CIF) - 2022
The average import price for zinc; bars, rods, profiles and wires stood at $4,284 per ton in 2022, picking up by 22% against the previous year. In general, the import price, however, continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2021 when the average import price increased by 64%. The import price peaked at $5,930 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($4,617 per ton) and Namibia ($4,502 per ton), while the price for the UK ($4,219 per ton) and Germany ($4,265 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Zinc; Bars, Rods, Profiles and Wire in South Africa (FOB) - 2022
In 2022, the average export price for zinc; bars, rods, profiles and wires amounted to $6,766 per ton, growing by 2.8% against the previous year. Overall, the export price continues to indicate a measured increase. The pace of growth was the most pronounced in 2016 an increase of 100% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($9,460 per ton), while the average price for exports to Mozambique ($2,725 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 Namibia (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Zinc; Bars, Rods, Profiles and Wire in South Africa
In 2022, imports of zinc; bars, rods, profiles and wires into South Africa shrank modestly to 165 tons, therefore, remained relatively stable against the previous year's figure. Overall, imports continue to indicate a significant decrease.
In value terms, imports of zinc; bars, rods, profiles and wires surged to $707K in 2022. Over the period under review, imports faced a precipitous contraction.
| Import of Zinc; Bars, Rods, Profiles and Wire in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.3 | 0.2 | 0.1 | 0.3 | 0.0% |
| Germany | N/A | N/A | 0.4 | 0.3 | -25.0% |
| Netherlands | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Namibia | 30.2 | 10.1 | N/A | N/A | -66.6% |
| Others | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Total | 30.7 | 10.4 | 0.6 | 0.7 | -71.6% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to South Africa in 2022:
- Germany (73.9 tons)
- United Kingdom (72.8 tons)
- Netherlands (18.0 tons)
- Namibia (0.4 tons)
Exports of Zinc; Bars, Rods, Profiles and Wire in South Africa
In 2022, approx. 19 tons of zinc; bars, rods, profiles and wires were exported from South Africa; with a decrease of -47% on 2021 figures. In general, exports recorded a dramatic contraction. The smallest decline of -10.7% was in 2021.
In value terms, exports of zinc; bars, rods, profiles and wires declined notably to $128K in 2022. Overall, exports showed a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. As a result, the exports attained the peak of $236K, and then dropped markedly in the following year.
| Export of Zinc; Bars, Rods, Profiles and Wire in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 6.1 | N/A | N/A | 36.0 | 80.7% |
| Mozambique | 107 | 26.3 | 13.7 | 17.3 | -45.5% |
| Zambia | N/A | N/A | N/A | 13.9 | 0% |
| Mauritius | 0.4 | 8.3 | 16.2 | 13.6 | 224.0% |
| Namibia | 17.5 | 8.6 | 10.0 | 11.4 | -13.3% |
| Malawi | 1.7 | N/A | 9.0 | 4.1 | 34.1% |
| Lesotho | N/A | 53.1 | N/A | N/A | 0% |
| United States | 56.4 | 59.9 | 97.1 | N/A | 31.2% |
| Cote d'Ivoire | N/A | N/A | 74.7 | N/A | 0% |
| Others | 14.0 | 10.8 | 15.1 | 32.1 | 31.9% |
| Total | 203 | 167 | 236 | 128 | -14.2% |
Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from South Africa in 2022:
- Mozambique (6.3 tons)
- Zimbabwe (4.8 tons)
- Mauritius (1.8 tons)
- Namibia (1.7 tons)
- Zambia (1.5 tons)
- Malawi (0.7 tons)
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