Price for Zinc; Powders and Flakes in Saudi Arabia - 2021

Contents:

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

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

In 2022, the average zinc; powders and flakes import price amounted to $3,460 per ton, growing by 45% against the previous year. In general, the import price enjoyed tangible growth. The most prominent rate of growth was recorded in 2014 an increase of 235% against the previous year. As a result, import price attained the peak level of $5,455 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +0.7% per year.

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

In 2022, the average zinc; powders and flakes export price amounted to $2,928 per ton, standing approx. at the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 export price decreased by -6.1% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 55%. Over the period under review, the average export prices attained the maximum at $3,119 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +11.6% per year.

Imports of Zinc; Powders and Flakes in Saudi Arabia

In 2022, imports of zinc; powders and flakeses into Saudi Arabia shrank remarkably to 423 tons, falling by -65.5% against 2021 figures. In general, imports continue to indicate a sharp shrinkage.

In value terms, zinc; powders and flakes imports declined notably to $1.5M in 2022. Over the period under review, imports faced a dramatic curtailment.

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

1. Germany (125.1 tons)

Exports of Zinc; Powders and Flakes in Saudi Arabia

In 2022, the amount of zinc; powders and flakeses exported from Saudi Arabia dropped notably to 184 tons, which is down by -42% on 2021 figures. Over the period under review, exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 523% against the previous year. As a result, the exports attained the peak of 317 tons, and then contracted sharply in the following year.

In value terms, zinc; powders and flakes exports fell markedly to $539K in 2022. In general, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2021 when exports increased by 479%. As a result, the exports reached the peak of $919K, and then dropped significantly in the following year.

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

1. Spain (92.0 tons)

Source: IndexBox Market Intelligence Platform