Price for Zinc; Plates, Sheets, Strip and Foil in Japan - 2024
Contents:
- Price for Zinc; Plates, Sheets, Strip and Foil in Japan (FOB) - 2024
- Price for Zinc; Plates, Sheets, Strip and Foil in Japan (CIF) - 2022
- Exports of Zinc; Plates, Sheets, Strip and Foil in Japan
- Imports of Zinc; Plates, Sheets, Strip and Foil in Japan
Price for Zinc; Plates, Sheets, Strip and Foil in Japan (FOB) - 2024
In November 2023, the average export price for zinc; plates, sheets, strip and foils amounted to $2,402 per ton, surging by 4.6% against the previous month. In general, the export price, however, showed a perceptible descent. The most prominent rate of growth was recorded in October 2023 when the average export price increased by 4.9% m-o-m. Over the period under review, the average export prices hit record highs at $3,085 per ton in February 2023; however, from March 2023 to November 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From February 2023 to November 2023, the rate of growth in terms of prices for Thailand amounted to -2.1% per month.
Price for Zinc; Plates, Sheets, Strip and Foil in Japan (CIF) - 2022
In 2022, the average import price for zinc; plates, sheets, strip and foils amounted to $6,444 per ton, waning by -4.8% against the previous year. Overall, the import price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2016 an increase of 68% against the previous year. The import price peaked at $6,765 per ton in 2021, and then dropped in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($6,712 per ton) and France ($6,561 per ton), while the price for Spain ($4,532 per ton) and Poland ($5,686 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Zinc; Plates, Sheets, Strip and Foil in Japan
In 2022, the amount of zinc; plates, sheets, strip and foils exported from Japan fell modestly to 23K tons, declining by -3.9% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 47% against the previous year. As a result, the exports attained the peak of 24K tons, and then contracted in the following year.
In value terms, exports of zinc; plates, sheets, strip and foils expanded remarkably to $74M in 2022. Overall, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Zinc; Plates, Sheets, Strip and Foil in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 46.7 | 30.4 | 62.2 | 70.1 | 14.5% |
| Others | 3.6 | 4.3 | 3.3 | 3.5 | -0.9% |
| Total | 50.3 | 34.8 | 65.5 | 73.6 | 13.5% |
Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from Japan in 2022:
- Thailand (22.4K tons)
Imports of Zinc; Plates, Sheets, Strip and Foil in Japan
Imports of zinc; plates, sheets, strip and foils into Japan dropped notably to 427 tons in 2022, waning by -30.6% against the year before. Over the period under review, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 109% against the previous year. As a result, imports attained the peak of 615 tons, and then fell notably in the following year.
In value terms, imports of zinc; plates, sheets, strip and foils shrank notably to $2.8M in 2022. In general, imports showed a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 186%. As a result, imports reached the peak of $4.2M, and then reduced markedly in the following year.
| Import of Zinc; Plates, Sheets, Strip and Foil in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,048 | 974 | 3,534 | 2,061 | 0.2% |
| Poland | 464 | 476 | 260 | 340 | -9.8% |
| Germany | 349 | N/A | 118 | 116 | -30.7% |
| France | 332 | N/A | 248 | 112 | -30.4% |
| Spain | 111 | N/A | N/A | 94.0 | -5.4% |
| Others | 126 | 5.0 | 2.1 | 28.1 | -39.4% |
| Total | 3,431 | 1,454 | 4,162 | 2,751 | -7.1% |
Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to Japan in 2022:
- United States (307.0 tons)
- Poland (59.7 tons)
- Spain (20.8 tons)
- Germany (20.3 tons)
- France (17.1 tons)
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