Price for Zinc; Dust, Powders and Flakes in Myanmar - 2022

Contents:

  1. Price for Zinc; Dust, Powders and Flakes in Myanmar (CIF) - 2022
  2. Price for Zinc; Dust, Powders and Flakes in Myanmar (FOB) - 2022
  3. Imports of Zinc; Dust, Powders and Flakes in Myanmar
  4. Exports of Zinc; Dust, Powders and Flakes in Myanmar

Price for Zinc; Dust, Powders and Flakes in Myanmar (CIF) - 2022

The average import price for zinc; dust, powders and flakeses stood at $4,817 per ton in 2021, rising by 44% against the previous year. In general, the import price continues to indicate a pronounced expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 88% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($16,000 per ton), while the price for Malaysia ($2,012 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+36.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Dust, Powders and Flakes in Myanmar (FOB) - 2022

The average export price for zinc; dust, powders and flakeses stood at $2,049 per ton in 2021, growing by 2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 6.7%. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +3.7% per year.

Imports of Zinc; Dust, Powders and Flakes in Myanmar

After two years of decline, purchases abroad of zinc; dust, powders and flakeses increased by 171% to 101 tons in 2022. In general, imports, however, showed a dramatic shrinkage.

In value terms, zinc; dust, powders and flakes imports surged to $366K in 2022. Overall, imports, however, saw a sharp curtailment.

Import of Zinc; Dust, Powders and Flakes in Myanmar (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Malaysia2.41.4116595.2%
Indonesia3.41.564.8336.6%
Thailand4.91.7N/A-65.3%
China19.78.5N/A-56.9%
Others892538N/A-39.7%
Total923552181-55.7%

Top Suppliers of Zinc; Dust, Powders and Flakes to Myanmar in 2022:

  1. Malaysia (57.6 tons)
  2. Indonesia (15.0 tons)

Exports of Zinc; Dust, Powders and Flakes in Myanmar

In 2022, after two years of decline, there was growth in shipments abroad of zinc; dust, powders and flakeses, when their volume increased by 2.6% to 494 tons. Overall, exports, however, saw a noticeable reduction.

In value terms, zinc; dust, powders and flakes exports totaled $1M in 2022. In general, exports, however, continue to indicate a slight decline.

Export of Zinc; Dust, Powders and Flakes in Myanmar (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China1.01.01.00.0%
OthersN/AN/AN/A0%
Total1.01.01.00.0%

Top Export Markets for Zinc; Dust, Powders and Flakes from Myanmar in 2022:

  1. China (519.6 tons)

Source: IndexBox Market Intelligence Platform

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