Price for Zinc; Powders and Flakes in Vietnam - 2022

Contents:

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

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

The average zinc; powders and flakes import price stood at $4,117 per ton in 2022, waning by -4.2% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 import price increased by +10.2% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 43%. Over the period under review, average import prices reached the peak figure at $4,617 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Thailand ($5,879 per ton), while the price for Australia ($1,478 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average zinc; powders and flakes export price amounted to $3,777 per ton, shrinking by -8.1% against the previous year. In general, the export price, however, enjoyed a prominent increase. The growth pace was the most rapid in 2021 an increase of 35% against the previous year. As a result, the export price reached the peak level of $4,107 per ton, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($8,946 per ton), while the average price for exports to Lao People's Democratic Republic amounted to $735 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+19.7%).

Imports of Zinc; Powders and Flakes in Vietnam

In 2022, after three years of growth, there was significant decline in purchases abroad of zinc; powders and flakeses, when their volume decreased by -24.9% to 306 tons. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 207% against the previous year.

In value terms, zinc; powders and flakes imports declined dramatically to $1.3M in 2022. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 186%.

Import of Zinc; Powders and Flakes in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan74.13481,08830359.9%
Germany3.25.023672.4182.8%
Malaysia22.913684.230.39.8%
China45.072.085.917.7-26.7%
Australia25.949.468.516.4-14.1%
Thailand11.227.248.314.89.7%
South Korea34.545.129.711.7-30.3%
Taiwan (Chinese)13.924.130.46.6-22.0%
Others38.162.782.1789174.6%
Total2697701,7541,26267.4%

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

  1. Japan (77.2 tons)
  2. Germany (14.5 tons)
  3. Australia (11.1 tons)
  4. Malaysia (8.1 tons)
  5. China (5.0 tons)
  6. South Korea (3.0 tons)
  7. Thailand (2.5 tons)
  8. Taiwan (Chinese) (2.1 tons)

Exports of Zinc; Powders and Flakes in Vietnam

After two years of decline, overseas shipments of zinc; powders and flakeses increased by 24% to 389 tons in 2022. Over the period under review, exports, however, showed a sharp slump.

In value terms, zinc; powders and flakes exports rose sharply to $1.5M in 2022. In general, exports, however, showed a sharp decrease.

Export of Zinc; Powders and Flakes in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea3,3241,2801,1201,273-27.4%
Lao People's Democratic Republic256353141180-11.1%
Saudi Arabia572N/AN/AN/A0%
Others70.622.424.116.6-38.3%
Total4,2231,6551,2851,470-29.7%

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

  1. Lao People's Democratic Republic (245.4 tons)
  2. South Korea (142.3 tons)

Source: IndexBox Market Intelligence Platform

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