Price for Zinc; Powders and Flakes in the Philippines - 2023
Contents:
- Price for Zinc; Powders and Flakes in the Philippines (CIF) - 2022
- Price for Zinc; Powders and Flakes in the Philippines (FOB) - 2022
- Imports of Zinc; Powders and Flakes in the Philippines
- Exports of Zinc; Powders and Flakes in the Philippines
Price for Zinc; Powders and Flakes in the Philippines (CIF) - 2022
In 2022, the average zinc; powders and flakes import price amounted to $35,355 per ton, jumping by 70% against the previous year. Over the period under review, the import price showed a significant increase. The pace of growth appeared the most rapid in 2015 an increase of 876% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
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 Taiwan (Chinese) ($87,633 per ton), while the price for Indonesia ($3,194 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+61.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Zinc; Powders and Flakes in the Philippines (FOB) - 2022
The average zinc; powders and flakes export price stood at $685 per ton in 2022, increasing by 4.6% against the previous year. In general, the export price recorded a notable expansion. The pace of growth was the most pronounced in 2017 an increase of 123%. The export price peaked at $1,720 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +65.4% per year.
Imports of Zinc; Powders and Flakes in the Philippines
In 2022, approx. 4.4 tons of zinc; powders and flakeses were imported into the Philippines; shrinking by -79.9% compared with 2021 figures. In general, imports recorded a precipitous curtailment. The smallest decline of -58.4% was in 2021.
In value terms, zinc; powders and flakes imports declined notably to $157K in 2022. Overall, imports showed a sharp curtailment. The smallest decline of -18.8% was in 2020.
| Import of Zinc; Powders and Flakes in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 824 | 984 | 354 | 139 | -44.7% |
| Taiwan (Chinese) | 64.6 | 78.9 | 29.7 | 11.2 | -44.2% |
| Indonesia | 11.9 | 5.4 | 29.8 | 5.8 | -21.3% |
| Australia | 416 | N/A | N/A | N/A | 0% |
| Others | 19.0 | 15.6 | 44.8 | 0.6 | -68.4% |
| Total | 1,335 | 1,084 | 458 | 157 | -51.0% |
Top Suppliers of Zinc; Powders and Flakes to the Philippines in 2022:
- Japan (2.5 tons)
- Indonesia (1.8 tons)
- Taiwan (Chinese) (0.1 tons)
Exports of Zinc; Powders and Flakes in the Philippines
Zinc; powders and flakes exports from the Philippines fell remarkably to 190 tons in 2022, with a decrease of -33.9% compared with 2021. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 3,235% against the previous year. As a result, the exports reached the peak of 287 tons, and then shrank sharply in the following year.
In value terms, zinc; powders and flakes exports reduced remarkably to $130K in 2022. Over the period under review, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 1,171%.
| Export of Zinc; Powders and Flakes in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 52.4 | 14.8 | 30.8 | 130 | 35.4% |
| India | 162 | N/A | 157 | N/A | -1.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 214 | 14.8 | 188 | 130 | -15.3% |
Top Export Markets for Zinc; Powders and Flakes from the Philippines in 2022:
- Japan (189.9 tons)
508
This report provides an in-depth analysis of the zinc powder market in the Philippines.
768
This report provides an in-depth analysis of the global zinc powder market.
508
This report provides an in-depth analysis of the zinc powder market in the Philippines.
768
This report provides an in-depth analysis of the global zinc powder market.
1396
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...
1238
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...
1396
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...
1238
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...
