Price for Zinc; Powders and Flakes in the UK - 2023
Contents:
- Price for Zinc; Powders and Flakes in the UK (CIF) - 2023
- Price for Zinc; Powders and Flakes in the UK (FOB) - 2022
- Imports of Zinc; Powders and Flakes in the UK
- Exports of Zinc; Powders and Flakes in the UK
Price for Zinc; Powders and Flakes in the UK (CIF) - 2023
The average zinc; powders and flakes import price stood at $4,771 per ton in August 2023, shrinking by -48.5% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 635% against the previous month. The import price peaked at $26,882 per ton in May 2023; however, from June 2023 to August 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Austria ($5,706 per ton), while the price for Germany stood at $4,766 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Zinc; Powders and Flakes in the UK (FOB) - 2022
In 2022, the average zinc; powders and flakes export price amounted to $7,852 per ton, waning by -26.6% against the previous year. Over the period under review, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 562% against the previous year. The export price peaked at $18,211 per ton in 2015; however, from 2016 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 Germany.
From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +133.6% per year.
Imports of Zinc; Powders and Flakes in the UK
In 2022, approx. 1.4K tons of zinc; powders and flakeses were imported into the UK; approximately equating the year before. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 453%. As a result, imports attained the peak of 1.4K tons, leveling off in the following year.
In value terms, zinc; powders and flakes imports declined to $3.1M in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 217%. As a result, imports attained the peak of $3.2M, and then dropped modestly in the following year.
| Import of Zinc; Powders and Flakes in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 576 | 864 | 1,616 | 2,356 | 59.9% |
| Belgium | 8.8 | 10.3 | 1,170 | 384 | 252.1% |
| Austria | 118 | 113 | 135 | 294 | 35.6% |
| Netherlands | N/A | N/A | 270 | 3.2 | -98.8% |
| Others | 110 | 32.7 | 40.5 | 108 | -0.6% |
| Total | 813 | 1,020 | 3,231 | 3,146 | 57.0% |
Top Suppliers of Zinc; Powders and Flakes to the UK in 2022:
- Germany (1221.4 tons)
- Austria (81.2 tons)
- Belgium (39.0 tons)
- Netherlands (4.8 tons)
Exports of Zinc; Powders and Flakes in the UK
In 2022, the amount of zinc; powders and flakeses exported from the UK skyrocketed to 22 tons, growing by 310% compared with the previous year. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, zinc; powders and flakes exports skyrocketed to $169K in 2022. Over the period under review, exports enjoyed strong growth.
| Export of Zinc; Powders and Flakes in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.2 | 147 | 24.8 | 101 | 130.9% |
| Israel | N/A | 5.4 | N/A | 1.5 | -47.3% |
| India | 3.7 | N/A | N/A | N/A | 0% |
| Italy | 21.7 | 21.5 | 3.6 | N/A | -59.3% |
| Saudi Arabia | N/A | 11.0 | N/A | N/A | 0% |
| Others | 75.3 | 71.9 | 27.9 | 67.0 | -3.8% |
| Total | 109 | 257 | 56.2 | 169 | 15.7% |
Top Export Markets for Zinc; Powders and Flakes from the UK in 2022:
- Israel (undefined tons)
- Germany (20.5 tons)
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