Price for Zinc; Powders and Flakes in Angola - 2022

Contents:

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

Price for Zinc; Powders and Flakes in Angola (CIF) - 2022

The average zinc; powders and flakes import price stood at $8,217 per ton in 2022, growing by 27% against the previous year. Overall, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 116% against the previous year. As a result, import price reached the peak level of $8,652 per ton. From 2014 to 2022, the average import prices remained at a somewhat 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 Portugal ($12,662 per ton), while the price for Spain ($690 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Congo (-1.7%), while the prices for the other major suppliers experienced a decline.

Price for Zinc; Powders and Flakes in Angola (FOB) - 2022

The average zinc; powders and flakes export price stood at $3,205 per ton in 2020, picking up by 35% against the previous year. Over the period under review, export price indicated a significant increase from 2019 to 2020: its price increased at an average annual rate of +35.4% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2019 to 2020, the rate of growth in terms of prices for Congo amounted to -48.3% per year.

Imports of Zinc; Powders and Flakes in Angola

After three years of growth, purchases abroad of zinc; powders and flakeses decreased by -25.4% to 823 kg in 2022. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 32%. As a result, imports attained the peak of 1.1 tons, and then contracted sharply in the following year.

In value terms, zinc; powders and flakes imports contracted to $6.8K in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 13%.

Import of Zinc; Powders and Flakes in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal1,4361,0733282,69523.3%
China4841,4381,663429-3.9%
Italy9741,3751,188366-27.8%
Congo8581,2011,029314-28.5%
South Africa1,187769102142-50.7%
Brazil32528012852.0-45.7%
Spain10482.017846.0-23.8%
United States65.061.035.07.0-52.4%
Namibia21.021.013.03.0-47.7%
Turkey118N/AN/AN/A0%
Others10398.02,4572,706197.3%
Total5,6756,3987,1216,7606.0%

Top Suppliers of Zinc; Powders and Flakes to Angola in 2022:

  1. China (261.0 kg)
  2. Portugal (213.0 kg)
  3. Spain (67.0 kg)
  4. Congo (26.0 kg)
  5. Brazil (13.0 kg)
  6. South Africa (13.0 kg)
  7. Italy (9.0 kg)
  8. Namibia (5.0 kg)
  9. United States (3.0 kg)

Exports of Zinc; Powders and Flakes in Angola

In 2020, the amount of zinc; powders and flakeses exported from Angola contracted significantly to 190 kg, waning by -98.8% against 2019. Overall, exports continue to indicate a precipitous slump.

In value terms, zinc; powders and flakes exports dropped notably to $609 in 2020. Over the period under review, exports continue to indicate a sharp decrease.

Export of Zinc; Powders and Flakes in Angola (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Congo2.50.6-76.0%
Democratic Republic of the Congo34.4N/A0%
OthersN/AN/A0%
Total36.90.6-98.4%

Top Export Markets for Zinc; Powders and Flakes from Angola in 2022:

  1. Congo (190.0 kg)

Source: IndexBox Market Intelligence Platform

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