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

Contents:

  1. Price for Zinc; Dust, Powders and Flakes in Thailand (FOB) - 2023
  2. Price for Zinc; Dust, Powders and Flakes in Thailand (CIF) - 2022
  3. Exports of Zinc; Dust, Powders and Flakes in Thailand
  4. Imports of Zinc; Dust, Powders and Flakes in Thailand

Price for Zinc; Dust, Powders and Flakes in Thailand (FOB) - 2023

The average export price for zinc; dust, powders and flakeses stood at $731 per ton in September 2023, falling by -15.1% against the previous month. In general, the export price saw a pronounced slump. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 103% against the previous month. As a result, the export price attained the peak level of $1,984 per ton. From February 2023 to September 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was India ($1,745 per ton), while the average price for exports to China totaled $708 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (-1.7%).

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

In 2021, the average import price for zinc; dust, powders and flakeses amounted to $1,146 per ton, with a decrease of -41% against the previous year. Over the period under review, the import price saw a abrupt slump. The growth pace was the most rapid in 2017 when the average import price increased by 41% against the previous year. The import price peaked at $3,964 per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4,680 per ton), while the price for Ecuador ($77 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zinc; Dust, Powders and Flakes in Thailand

In 2022, exports of zinc; dust, powders and flakeses from Thailand skyrocketed to 50K tons, picking up by 62% against the year before. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 656%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, zinc; dust, powders and flakes exports skyrocketed to $36M in 2022. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 127%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Zinc; Dust, Powders and Flakes in Thailand (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China1.07.713.5267.4%
India3.33.94.010.1%
Australia0.40.80.732.3%
Others1.00.40.8-10.6%
Total5.712.819.183.1%

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

  1. China (27.2K tons)
  2. India (2.3K tons)
  3. Australia (0.5K tons)

Imports of Zinc; Dust, Powders and Flakes in Thailand

In 2022, approx. 17K tons of zinc; dust, powders and flakeses were imported into Thailand; surging by 13% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 174%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, zinc; dust, powders and flakes imports surged to $29M in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Zinc; Dust, Powders and Flakes in Thailand (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Japan4.53.44.2-3.4%
Malaysia2.91.52.8-1.7%
PhilippinesN/A0.62.6333.3%
Indonesia0.81.52.058.1%
Taiwan (Chinese)0.21.51.9208.2%
India0.60.81.347.2%
PolandN/AN/A0.30%
EcuadorN/AN/A0.30%
OmanN/AN/A0.10%
Others0.91.31.633.3%
Total10.010.517.130.8%

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

  1. Ecuador (4.3K tons)
  2. Taiwan (Chinese) (2.1K tons)
  3. Japan (1.1K tons)
  4. Poland (1.0K tons)
  5. Malaysia (0.9K tons)
  6. Philippines (0.8K tons)
  7. Oman (0.7K tons)
  8. Indonesia (0.6K tons)
  9. India (0.4K tons)

Source: IndexBox Market Intelligence Platform

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