Price for Zinc; Powders and Flakes in the United Arab Emirates - 2021
Contents:
- Price for Zinc; Powders and Flakes in the United Arab Emirates (FOB) - 2022
- Price for Zinc; Powders and Flakes in the United Arab Emirates (CIF) - 2022
- Exports of Zinc; Powders and Flakes in the United Arab Emirates
- Imports of Zinc; Powders and Flakes in the United Arab Emirates
Price for Zinc; Powders and Flakes in the United Arab Emirates (FOB) - 2022
In 2022, the average zinc; powders and flakes export price amounted to $2,081 per ton, shrinking by -11.3% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 increased by +11.0% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 29% against the previous year. As a result, the export price attained the peak level of $2,843 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Egypt.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +4.6% per year.
Price for Zinc; Powders and Flakes in the United Arab Emirates (CIF) - 2022
The average zinc; powders and flakes import price stood at $10,112 per ton in 2022, jumping by 440% against the previous year. In general, the import price saw a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($10,703 per ton), while the price for Japan ($2,942 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+40.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Zinc; Powders and Flakes in the United Arab Emirates
In 2022, approx. 1.1K tons of zinc; powders and flakeses were exported from the United Arab Emirates; rising by 14% on 2021 figures. The total export volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. As a result, the exports attained the peak of 1.3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, zinc; powders and flakes exports totaled $2.4M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 16%. As a result, the exports attained the peak of $2.4M; afterwards, it flattened through to 2022.
| Export of Zinc; Powders and Flakes in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | N/A | N/A | 2.4 | 0% |
| India | 1.0 | 0.9 | 1.3 | N/A | 14.0% |
| Saudi Arabia | 1.0 | 1.4 | 1.1 | N/A | 4.9% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 2.1 | 2.4 | 2.3 | 2.4 | 4.6% |
Top Export Markets for Zinc; Powders and Flakes from the United Arab Emirates in 2022:
- Egypt (1137.1 tons)
Imports of Zinc; Powders and Flakes in the United Arab Emirates
In 2022, the amount of zinc; powders and flakeses imported into the United Arab Emirates fell sharply to 39 tons, declining by -88.8% compared with 2021 figures. In general, imports showed a dramatic contraction. The growth pace was the most rapid in 2021 when imports increased by 263% against the previous year. As a result, imports reached the peak of 349 tons, and then shrank significantly in the following year.
In value terms, zinc; powders and flakes imports declined markedly to $396K in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 375% against the previous year. As a result, imports attained the peak of $653K, and then reduced dramatically in the following year.
| Import of Zinc; Powders and Flakes in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 34.0 | 47.5 | 125 | 369 | 121.4% |
| Italy | N/A | N/A | N/A | 10.6 | 0% |
| Japan | N/A | N/A | N/A | 4.7 | 0% |
| Kuwait | N/A | 61.2 | N/A | N/A | 0% |
| Uganda | 45.4 | 28.3 | N/A | N/A | -37.7% |
| Oman | 57.5 | N/A | 315 | N/A | 134.1% |
| Australia | 37.1 | N/A | N/A | N/A | 0% |
| Saudi Arabia | N/A | N/A | 213 | N/A | 0% |
| Others | 40.3 | 0.6 | 0.7 | 11.0 | -35.1% |
| Total | 214 | 138 | 653 | 396 | 22.8% |
Top Suppliers of Zinc; Powders and Flakes to the United Arab Emirates in 2022:
- Switzerland (34.5 tons)
- Japan (1.6 tons)
- Italy (1.3 tons)
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