Price for Zinc; Powders and Flakes in Australia - 2023
Contents:
- Price for Zinc; Powders and Flakes in Australia (FOB) - 2022
- Price for Zinc; Powders and Flakes in Australia (CIF) - 2022
- Exports of Zinc; Powders and Flakes in Australia
- Imports of Zinc; Powders and Flakes in Australia
Price for Zinc; Powders and Flakes in Australia (FOB) - 2022
The average zinc; powders and flakes export price stood at $7,732 per ton in 2022, growing by 118% against the previous year. Over the period under review, the export price recorded a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($10,116 per ton), while the average price for exports to Papua New Guinea totaled $7,354 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Zinc; Powders and Flakes in Australia (CIF) - 2022
In 2022, the average zinc; powders and flakes import price amounted to $11,277 per ton, picking up by 14% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc; powders and flakes import price increased by +54.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 35%. Over the period under review, average import prices hit record highs at $12,340 per ton in 2018; however, from 2019 to 2022, import prices stood 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 Switzerland ($13,386 per ton), while the price for New Zealand ($5,946 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Zinc; Powders and Flakes in Australia
For the third consecutive year, Australia recorded decline in overseas shipments of zinc; powders and flakeses, which decreased by -90.9% to 11 tons in 2022. Over the period under review, exports faced a dramatic shrinkage. The smallest decline of -42.4% was in 2020.
In value terms, zinc; powders and flakes exports shrank rapidly to $88K in 2022. Overall, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 0.5%.
| Export of Zinc; Powders and Flakes in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 18.1 | 8.4 | 6.3 | 73.5 | 59.5% |
| Fiji | 0.2 | 0.1 | 0.2 | 14.5 | 317.0% |
| Thailand | 106 | 59.9 | 54.1 | N/A | -28.6% |
| Belgium | 81.0 | 45.6 | 41.2 | N/A | -28.7% |
| United States | 48.4 | 18.8 | 11.8 | N/A | -50.6% |
| India | 104 | 40.0 | 25.4 | N/A | -50.6% |
| Philippines | 100 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 340 | 239 | 267 | N/A | -11.4% |
| Turkey | 118 | 9.9 | 19.9 | N/A | -58.9% |
| Others | 54.4 | 19.4 | 17.5 | 0.4 | -80.6% |
| Total | 970 | 441 | 444 | 88.4 | -55.0% |
Top Export Markets for Zinc; Powders and Flakes from Australia in 2022:
- Papua New Guinea (10.0 tons)
- Fiji (1.4 tons)
Imports of Zinc; Powders and Flakes in Australia
In 2022, the amount of zinc; powders and flakeses imported into Australia declined sharply to 15 tons, waning by -28.1% against the year before. Over the period under review, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. As a result, imports reached the peak of 21 tons, and then contracted significantly in the following year.
In value terms, zinc; powders and flakes imports fell remarkably to $173K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. As a result, imports reached the peak of $212K, and then dropped notably in the following year.
| Import of Zinc; Powders and Flakes in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 58.3 | 68.8 | 138 | 125 | 28.9% |
| Switzerland | 3.5 | 0.5 | 3.1 | 38.9 | 123.2% |
| New Zealand | 3.1 | 2.8 | 2.6 | 2.2 | -10.8% |
| Thailand | 48.3 | 37.7 | 28.7 | N/A | -22.9% |
| Philippines | 14.0 | 16.9 | 25.0 | N/A | 33.6% |
| Others | 7.3 | 4.6 | 14.1 | 6.8 | -2.3% |
| Total | 134 | 131 | 212 | 173 | 8.9% |
Top Suppliers of Zinc; Powders and Flakes to Australia in 2022:
- Israel (12.0 tons)
- Switzerland (2.9 tons)
- New Zealand (0.4 tons)
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In value terms, zinc dust, powders and flakes exports stood at $X in 2016. Overall, zinc dust, powders and flakes exports continue to indicate a drastic drop. Global zinc dust, powders and flakes e...
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In value terms, zinc dust, powders and flakes imports amounted to $X in 2016. In general, zinc dust, powders and flakes imports continue to indicate a drastic curtailment. Global zinc dust, powders...
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In value terms, zinc dust, powders and flakes exports stood at $X in 2016. Overall, zinc dust, powders and flakes exports continue to indicate a drastic drop. Global zinc dust, powders and flakes e...
