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

Contents:

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

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

The average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $3,609 per ton in February 2022, growing by 2.5% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in December 2021 an increase of 7.7% against the previous month. The import price peaked in February 2022.

As there is only one major supplying country, the average price level is determined by prices for Peru.

From February 2021 to February 2022, the rate of growth in terms of prices for Brazil amounted to +2.7% per month.

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

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $2,726 per ton in 2022, picking up by 31% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($2,793 per ton), while the average price for exports to Taiwan (Chinese) ($1,470 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.9%), 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 Colombia

In 2022, the amount of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs imported into Colombia fell sharply to 5.4K tons, dropping by -22% on 2021 figures. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of 6.9K tons, and then fell rapidly in the following year.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs shrank modestly to $20M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of $21M, and then reduced modestly in the following year.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru18.013.720.520.03.6%
Others0.40.30.40.2-20.6%
Total18.514.021.020.23.0%

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

  1. Peru (5.3K tons)

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

In 2022, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs from Colombia soared to 1.4K tons, surging by 3,484% on 2021 figures. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs surged to $3.9M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa RicaN/AN/AN/A3,7740%
Taiwan (Chinese)64.258.252.487.310.8%
India33.432.130.846.311.5%
OthersN/AN/AN/AN/A0%
Total97.690.483.23,907242.1%

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

  1. Costa Rica (1351.1 tons)
  2. Taiwan (Chinese) (59.4 tons)
  3. India (22.9 tons)

Source: IndexBox Market Intelligence Platform

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