Price for Zinc; Powders and Flakes in Egypt - 2023
Contents:
- Price for Zinc; Powders and Flakes in Egypt (FOB) - 2022
- Price for Zinc; Powders and Flakes in Egypt (CIF) - 2022
- Exports of Zinc; Powders and Flakes in Egypt
- Imports of Zinc; Powders and Flakes in Egypt
Price for Zinc; Powders and Flakes in Egypt (FOB) - 2022
In 2022, the average zinc; powders and flakes export price amounted to $4,898 per ton, with an increase of 102% against the previous year. Over the period under review, the export price saw resilient growth. As a result, the export price reached 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 Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +19.3% per year.
Price for Zinc; Powders and Flakes in Egypt (CIF) - 2022
In 2022, the average zinc; powders and flakes import price amounted to $4,852 per ton, surging by 20% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 +57.1% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 22% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($4,852 per ton), while the price for Belgium ($4,852 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Zinc; Powders and Flakes in Egypt
After three years of growth, overseas shipments of zinc; powders and flakeses decreased by -95.6% to 26 tons in 2022. Over the period under review, exports saw a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 234% against the previous year.
In value terms, zinc; powders and flakes exports fell significantly to $128K in 2022. Overall, exports recorded a dramatic slump. The growth pace was the most rapid in 2020 when exports increased by 169%.
| Export of Zinc; Powders and Flakes in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 80.3 | 102 | 119 | 128 | 16.8% |
| Saudi Arabia | 216 | 695 | 1,314 | N/A | 146.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 296 | 796 | 1,433 | 128 | -24.4% |
Top Export Markets for Zinc; Powders and Flakes from Egypt in 2022:
- Turkey (26.2 tons)
Imports of Zinc; Powders and Flakes in Egypt
In 2022, supplies from abroad of zinc; powders and flakeses was finally on the rise to reach 31 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a dramatic curtailment.
In value terms, zinc; powders and flakes imports surged to $151K in 2022. In general, imports, however, saw a precipitous setback.
| Import of Zinc; Powders and Flakes in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | 3.7 | N/A | 130 | 492.7% |
| Switzerland | 0.9 | 1.6 | 0.5 | 10.3 | 125.4% |
| Belgium | N/A | N/A | N/A | 10.2 | 0% |
| Norway | 38.0 | 20.3 | 13.0 | N/A | -41.5% |
| Malaysia | 14.5 | 6.3 | 3.2 | N/A | -53.0% |
| United States | 19.4 | 10.0 | 6.2 | N/A | -43.5% |
| India | 182 | 93.5 | 57.5 | N/A | -43.8% |
| Saudi Arabia | 48.8 | 8.9 | 7.1 | N/A | -61.9% |
| Others | 2.0 | 9.3 | 2.9 | 1.3 | -13.4% |
| Total | 305 | 154 | 90.5 | 151 | -20.9% |
Top Suppliers of Zinc; Powders and Flakes to Egypt in 2022:
- United Arab Emirates (26.7 tons)
- Switzerland (2.1 tons)
- Belgium (2.1 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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