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

Contents:

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

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

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $3,194 per ton in January 2024, remaining relatively unchanged against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 8.1% m-o-m. The export price peaked at $3,731 per ton in March 2023; however, from April 2023 to January 2024, 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 the United States.

From January 2023 to January 2024, the rate of growth in terms of prices for the United States amounted to -0.6% per month.

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

In 2022, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $1,996 per ton, waning by -3.7% against the previous year. Overall, the import price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when the average import price increased by 7% against the previous year. Over the period under review, average import prices attained the maximum at $2,913 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,996 per ton), while the price for China totaled $1,996 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.2%).

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

After three years of growth, overseas shipments of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by -19% to 178K tons in 2022. In general, exports recorded a pronounced decline. The pace of growth was the most pronounced in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of 220K tons, and then dropped sharply in the following year.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $675M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5104446576669.3%
Others13.07.514.48.9-11.9%
Total5234516726758.9%

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

  1. United States (175.7K tons)

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

In 2022, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs into Canada shrank significantly to 104 tons, which is down by -63.8% against 2021. Over the period under review, imports saw a dramatic setback. The smallest decline of -17.2% was in 2020.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs declined notably to $208K in 2022. Overall, imports faced a sharp decrease. The smallest decline of -18.1% was in 2020.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,121912593197-44.0%
China0.30.30.79.0210.7%
Others0.15.71.41.7157.1%
Total1,122918596208-43.0%

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

  1. United States (98.7 tons)
  2. China (4.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zinc - Canada