Price for Zinc; Powders and Flakes in the United States - 2023
Contents:
- Price for Zinc; Powders and Flakes in the United States (CIF) - 2023
- Price for Zinc; Powders and Flakes in the United States (FOB) - 2023
- Imports of Zinc; Powders and Flakes in the United States
- Exports of Zinc; Powders and Flakes in the United States
Price for Zinc; Powders and Flakes in the United States (CIF) - 2023
The average zinc; powders and flakes import price stood at $4,476 per ton in September 2023, growing by 1.7% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 8.1% against the previous month. As a result, import price attained the peak level of $5,226 per ton. From April 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Ireland ($12,868 per ton), while the price for Canada ($645 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Zinc; Powders and Flakes in the United States (FOB) - 2023
In September 2023, the average zinc; powders and flakes export price amounted to $5,299 per ton, increasing by 46% against the previous month. In general, export price indicated moderate growth from September 2022 to September 2023: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, zinc; powders and flakes export price increased by +65.8% against July 2023 indices. The pace of growth was the most pronounced in May 2023 an increase of 67% month-to-month. As a result, the export price reached the peak level of $5,454 per ton. From June 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($15,680 per ton), while the average price for exports to South Korea ($1,451 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Zinc; Powders and Flakes in the United States
In 2022, purchases abroad of zinc; powders and flakeses decreased by -29.1% to 9.2K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 when imports increased by 30% against the previous year. As a result, imports reached the peak of 14K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, zinc; powders and flakes imports shrank notably to $47M in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 11%. As a result, imports attained the peak of $56M, and then fell dramatically in the following year.
| Import of Zinc; Powders and Flakes in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 27.9 | 31.9 | 33.9 | 25.5 | -3.0% |
| Belgium | 15.9 | 15.7 | 15.4 | 13.7 | -4.8% |
| Austria | 2.1 | 1.5 | 2.9 | 2.9 | 11.4% |
| Ireland | 1.0 | 1.0 | 2.1 | 2.2 | 30.1% |
| Mexico | 0.1 | N/A | 0.6 | 1.5 | 146.6% |
| Switzerland | 0.4 | 0.5 | 1.1 | 1.1 | 40.1% |
| Others | N/A | 0.1 | 0.3 | 0.4 | 100.0% |
| Total | 47.5 | 50.6 | 56.2 | 47.3 | -0.1% |
Top Suppliers of Zinc; Powders and Flakes to the United States in 2022:
- Germany (5.1K tons)
- Belgium (2.8K tons)
- Mexico (0.7K tons)
- Austria (0.3K tons)
- Ireland (0.2K tons)
- Switzerland (0.1K tons)
Exports of Zinc; Powders and Flakes in the United States
In 2022, shipments abroad of zinc; powders and flakeses decreased by -32.5% to 3.4K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a significant curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 4.3%. As a result, the exports reached the peak of 7K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, zinc; powders and flakes exports reduced to $14M in 2022. In general, exports showed a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. As a result, the exports reached the peak of $27M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Zinc; Powders and Flakes in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 17.5 | 13.2 | 11.2 | -20.0% |
| Mexico | 0.4 | 0.8 | 1.2 | 0.9 | 31.0% |
| India | 0.2 | 0.1 | N/A | 0.4 | 26.0% |
| Turkey | N/A | 0.1 | N/A | 0.3 | 73.2% |
| British Indian Ocean Territory | N/A | N/A | N/A | 0.3 | 0% |
| Spain | N/A | N/A | N/A | 0.3 | 0% |
| South Korea | 0.5 | 0.2 | 0.4 | 0.2 | -26.3% |
| Canada | 0.4 | 0.3 | 0.2 | 0.1 | -37.0% |
| Hong Kong SAR | 21.8 | 2.7 | 0.1 | N/A | -93.2% |
| Others | 0.1 | 5.1 | 1.3 | 0.3 | 44.2% |
| Total | 23.5 | 26.8 | 16.3 | 14.0 | -15.9% |
Top Export Markets for Zinc; Powders and Flakes from the United States in 2022:
- China (2494.0 tons)
- Mexico (333.5 tons)
- India (163.6 tons)
- British Indian Ocean Territory (110.2 tons)
- Spain (83.3 tons)
- Turkey (65.7 tons)
- South Korea (61.7 tons)
- Canada (49.2 tons)
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