Price for Zinc; Plates, Sheets, Strip and Foil in Vietnam - 2022
Contents:
- Price for Zinc; Plates, Sheets, Strip and Foil in Vietnam (CIF) - 2022
- Price for Zinc; Plates, Sheets, Strip and Foil in Vietnam (FOB) - 2022
- Imports of Zinc; Plates, Sheets, Strip and Foil in Vietnam
- Exports of Zinc; Plates, Sheets, Strip and Foil in Vietnam
Price for Zinc; Plates, Sheets, Strip and Foil in Vietnam (CIF) - 2022
The average import price for zinc; plates, sheets, strip and foils stood at $4,220 per ton in 2022, reducing by -2.1% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for zinc; plates, sheets, strip and foils increased by +96.4% against 2012 indices. The most prominent rate of growth was recorded in 2013 an increase of 37%. The import price peaked at $4,308 per ton in 2021, and then contracted modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($5,299 per ton), while the price for Hong Kong SAR ($3,497 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Zinc; Plates, Sheets, Strip and Foil in Vietnam (FOB) - 2022
The average export price for zinc; plates, sheets, strip and foils stood at $2,865 per ton in 2022, jumping by 42% against the previous year. In general, the export price recorded a moderate increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 73%. The export price peaked at $2,997 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($9,385 per ton), while the average price for exports to Indonesia ($1,437 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+75.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Zinc; Plates, Sheets, Strip and Foil in Vietnam
In 2022, after three years of growth, there was significant decline in overseas purchases of zinc; plates, sheets, strip and foils, when their volume decreased by -80.6% to 210 tons. Over the period under review, imports showed a sharp decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 15%.
In value terms, imports of zinc; plates, sheets, strip and foils declined significantly to $888K in 2022. In general, imports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year.
| Import of Zinc; Plates, Sheets, Strip and Foil in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,889 | 2,889 | 3,716 | 334 | -43.9% |
| Hong Kong SAR | 522 | 517 | 567 | 325 | -14.6% |
| Japan | 128 | 115 | 101 | 46.3 | -28.7% |
| United Kingdom | 125 | 114 | 25.6 | 40.1 | -31.5% |
| Australia | 9.7 | 16.5 | 22.2 | 33.2 | 50.7% |
| Taiwan (Chinese) | 219 | 95.3 | 101 | 28.8 | -49.1% |
| Others | 262 | 169 | 145 | 80.9 | -32.4% |
| Total | 3,155 | 3,916 | 4,677 | 888 | -34.5% |
Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to Vietnam in 2022:
- Hong Kong SAR (92.8 tons)
- China (63.0 tons)
- Japan (11.7 tons)
- United Kingdom (10.3 tons)
- Australia (9.3 tons)
- Taiwan (Chinese) (5.4 tons)
Exports of Zinc; Plates, Sheets, Strip and Foil in Vietnam
In 2022, overseas shipments of zinc; plates, sheets, strip and foils decreased by -96.8% to 7.3 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. As a result, the exports reached the peak of 618 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of zinc; plates, sheets, strip and foils declined remarkably to $21K in 2022. In general, exports recorded a precipitous decrease. The smallest decline of -20.5% was in 2020.
| Export of Zinc; Plates, Sheets, Strip and Foil in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 183 | 252 | 215 | 10.9 | -60.9% |
| Cambodia | 486 | 276 | 131 | 4.3 | -79.3% |
| Indonesia | 26.4 | 44.2 | 16.7 | 1.6 | -60.7% |
| Germany | 11.4 | 31.7 | 42.9 | 1.6 | -48.0% |
| Malaysia | 177 | 47.8 | 24.3 | 1.0 | -82.2% |
| South Korea | 16.7 | 42.8 | 21.3 | 0.8 | -63.7% |
| Senegal | N/A | 15.8 | 2.0 | N/A | -87.3% |
| Others | 2.3 | 7.9 | 2.0 | 0.8 | -29.7% |
| Total | 903 | 718 | 454 | 21.0 | -71.5% |
Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from Vietnam in 2022:
- Lao People's Democratic Republic (4.5 tons)
- Indonesia (1.1 tons)
- Cambodia (0.9 tons)
- Malaysia (0.5 tons)
- Germany (0.2 tons)
- South Korea (0.1 tons)
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