Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Australia - 2024

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Australia (CIF) - 2022
  2. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Australia (FOB) - 2024
  3. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Australia
  4. Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Australia

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Australia (CIF) - 2022

In 2022, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $3,552 per ton, standing approx. at the previous year. Overall, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by less than 0.1% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3,580 per ton), while the price for Belgium ($3,471 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Australia (FOB) - 2024

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $2,987 per ton in January 2024, standing approximately at the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average export price increased by 4.3% against the previous month. The export price peaked at $3,014 per ton in October 2023; afterwards, it flattened through to January 2024.

Average prices varied noticeably for the major external markets. In January 2024, the countries with the highest prices were Turkey ($3,119 per ton) and Indonesia ($3,097 per ton), while the average price for exports to Taiwan (Chinese) ($2,636 per ton) and Malaysia ($2,711 per ton) were amongst the lowest.

From April 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Australia

In 2022, supplies from abroad of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by 0% to 359 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 2,013% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $1.3M in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 2,014% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A7710%
BelgiumN/AN/AN/A3370%
SingaporeN/AN/AN/A1650%
Canada1.530.9N/A2.620.1%
OthersN/AN/AN/AN/A0%
Total1.530.9N/A1,276847.5%

Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc to Australia in 2022:

  1. Netherlands (215.5 tons)
  2. Belgium (97.1 tons)
  3. Singapore (46.4 tons)
  4. Canada (0.2 tons)

Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Australia

In 2022, shipments abroad of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by -27.9% to 100 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 417% against the previous year. As a result, the exports reached the peak of 180 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs contracted notably to $138K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 332%. As a result, the exports attained the peak of $299K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India51.210012813738.8%
MalaysiaN/A194104N/A-46.4%
Others18.04.3N/A0.8-64.6%
Total69.229923213825.9%

Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc from Australia in 2022:

  1. India (100.0 tons)

Source: IndexBox Market Intelligence Platform

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