Price for Zinc; Dust, Powders and Flakes in Portugal - 2023

Contents:

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

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

The average import price for zinc; dust, powders and flakeses stood at $3,902 per ton in 2021, growing by 22% against the previous year. Over the last nine years, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2017 when the average import price increased by 33% against the previous year. The import price peaked at $3,963 per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Denmark ($4,044 per ton) and Belgium ($3,913 per ton), while the price for India ($3,458 per ton) and Sweden ($3,859 per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average export price for zinc; dust, powders and flakeses amounted to $4,341 per ton, with an increase of 40% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, zinc; dust, powders and flakes export price increased by +115.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($7,614 per ton), while the average price for exports to France ($3,794 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Dust, Powders and Flakes in Portugal

In 2022, purchases abroad of zinc; dust, powders and flakeses was finally on the rise to reach 423 tons after two years of decline. In general, imports, however, continue to indicate a abrupt curtailment.

In value terms, zinc; dust, powders and flakes imports surged to $2.2M in 2022. Overall, imports, however, saw a noticeable curtailment.

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

1. Belgium (203.7 tons)
2. Denmark (63.7 tons)
3. India (40.0 tons)
4. Sweden (10.0 tons)
5. Spain (0.1 tons)

Exports of Zinc; Dust, Powders and Flakes in Portugal

For the third year in a row, Portugal recorded decline in shipments abroad of zinc; dust, powders and flakeses, which decreased by -1.4% to 55 tons in 2022. Overall, exports saw a dramatic contraction.

In value terms, zinc; dust, powders and flakes exports surged to $759K in 2022. In general, exports, however, showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Spain (25.5 tons)
2. Poland (10.3 tons)
3. Mozambique (3.8 tons)
4. Ecuador (3.6 tons)
5. France (3.0 tons)
6. Nigeria (2.7 tons)
7. Morocco (2.0 tons)
8. Mexico (1.5 tons)
9. Malta (0.7 tons)
10. Ghana (0.2 tons)

Source: IndexBox Market Intelligence Platform