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

Contents:

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

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

The average import price for zinc; dust, powders and flakeses stood at $4,113 per ton in 2021, increasing by 40% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, zinc; dust, powders and flakes import price increased by +47.1% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Norway ($4,247 per ton), while the price for the Netherlands ($2,808 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average export price for zinc; dust, powders and flakeses amounted to $3,356 per ton, picking up by 57% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $3,392 per ton in 2012; afterwards, it flattened through to 2021.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($14,698 per ton), while the average price for exports to Sudan ($1,825 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 the United Arab Emirates (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Dust, Powders and Flakes in Turkey

In 2022, imports of zinc; dust, powders and flakeses into Turkey surged to 1.6K tons, increasing by 34% on the year before. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, zinc; dust, powders and flakes imports soared to $7.2M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.1% 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 +73.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. India (679.9 tons)
2. Belgium (167.5 tons)
3. Iran (151.3 tons)
4. Malaysia (140.0 tons)
5. Norway (90.3 tons)
6. Netherlands (32.4 tons)
7. Saudi Arabia (22.7 tons)
8. United States (3.6 tons)

Exports of Zinc; Dust, Powders and Flakes in Turkey

In 2022, approx. 7.6 tons of zinc; dust, powders and flakeses were exported from Turkey; waning by -72.7% on 2021 figures. In general, exports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year.

In value terms, zinc; dust, powders and flakes exports contracted notably to $42K in 2022. Over the period under review, exports showed a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 137% against the previous year.

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

1. Iran (7.3 tons)
2. Uzbekistan (5.1 tons)
3. Azerbaijan (4.1 tons)
4. Georgia (2.1 tons)
5. China (2.0 tons)
6. Netherlands (1.6 tons)
7. Lebanon (1.0 tons)
8. Germany (1.0 tons)
9. Jordan (0.8 tons)
10. Kazakhstan (0.7 tons)
11. Russia (0.7 tons)
12. Sudan (0.5 tons)

Source: IndexBox Market Intelligence Platform