Price for Zinc; Plates, Sheets, Strip and Foil in Sri Lanka - 2022

Contents:

1. Price for Zinc; Plates, Sheets, Strip and Foil in Sri Lanka (CIF) - 2022
2. Price for Zinc; Plates, Sheets, Strip and Foil in Sri Lanka (FOB) - 2022
3. Imports of Zinc; Plates, Sheets, Strip and Foil in Sri Lanka
4. Exports of Zinc; Plates, Sheets, Strip and Foil in Sri Lanka

Price for Zinc; Plates, Sheets, Strip and Foil in Sri Lanka (CIF) - 2022

The average import price for zinc; plates, sheets, strip and foils stood at $7,304 per ton in 2022, reducing by -20.3% against the previous year. Over the period under review, the import price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 101% against the previous year. As a result, import price reached the peak level of $49,725 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($7,305 per ton), while the price for China ($862 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+12.0%), while the prices for the other major suppliers experienced a decline.

Price for Zinc; Plates, Sheets, Strip and Foil in Sri Lanka (FOB) - 2022

The average export price for zinc; plates, sheets, strip and foils stood at $4,065 per ton in 2022, stabilizing at the previous year. In general, the export price, however, showed a temperate expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 104%. Over the period under review, the average export prices reached the peak figure at $4,072 per ton in 2021, and then dropped in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +3.3% per year.

Imports of Zinc; Plates, Sheets, Strip and Foil in Sri Lanka

In 2022, overseas purchases of zinc; plates, sheets, strip and foils decreased by -28.6% to 900 kg, falling for the second year in a row after two years of growth. In general, imports showed a deep downturn. The pace of growth was the most pronounced in 2020 when imports increased by 28% against the previous year. As a result, imports reached the peak of 1.9 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of zinc; plates, sheets, strip and foils dropped sharply to $6.6K in 2022. Overall, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 36% against the previous year. As a result, imports attained the peak of $15K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to Sri Lanka in 2022:

1. Peru (822.0 kg)
2. China (29.0 kg)
3. Singapore (25.0 kg)
4. India (1.0 kg)

Exports of Zinc; Plates, Sheets, Strip and Foil in Sri Lanka

In 2022, shipments abroad of zinc; plates, sheets, strip and foils decreased by -15.5% to 153 kg, falling for the second year in a row after two years of growth. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 42% against the previous year. As a result, the exports attained the peak of 340 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of zinc; plates, sheets, strip and foils contracted markedly to $622 in 2022. Overall, exports saw a abrupt decline. The smallest decline of -4% was in 2020.

Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from Sri Lanka in 2022:

1. Maldives (153.0 kg)

Source: IndexBox Market Intelligence Platform