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

Contents:

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

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

In March 2022, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $3,780 per ton, flattening at the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.3%. The pace of growth was the most pronounced in February 2022 when the average import price increased by 7.3% month-to-month. Over the period under review, average import prices reached the peak figure in March 2022.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the countries with the highest prices were the Netherlands ($4,080 per ton) and Australia ($3,841 per ton), while the price for Japan ($3,685 per ton) and South Korea ($3,763 per ton) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.6%), 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 Indonesia (FOB) - 2022

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $3,446 per ton in March 2022, rising by 19% against the previous month. Overall, the export price recorded a perceptible expansion. The most prominent rate of growth was recorded in November 2021 when the average export price increased by 229% against the previous month. As a result, the export price attained the peak level of $8,730 per ton. From December 2021 to March 2022, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From March 2021 to March 2022, the rate of growth in terms of prices for South Korea amounted to +4.3% per month.

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

In 2022, supplies from abroad of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by -48.9% to 11K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 32%. As a result, imports reached the peak of 21K tons, and then shrank markedly in the following year.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs reduced rapidly to $40M in 2022. Overall, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 63%. As a result, imports attained the peak of $65M, and then declined rapidly in the following year.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan21.89.726.120.8-1.6%
Australia1.31.03.68.184.0%
Thailand1.41.31.94.041.9%
South Korea10.411.614.63.4-31.1%
India1.514.616.21.4-2.3%
Malaysia0.10.10.90.9108.0%
Spain3.4N/AN/AN/A0%
Others3.91.71.91.9-21.3%
Total43.940.065.240.4-2.7%

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

  1. Japan (5.5K tons)
  2. Australia (2.1K tons)
  3. Thailand (1.0K tons)
  4. South Korea (0.9K tons)
  5. India (0.4K tons)
  6. Malaysia (0.3K tons)

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

After three years of growth, overseas shipments of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by -20.8% to 1.3K tons in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 125% against the previous year. As a result, the exports reached the peak of 1.6K tons, and then fell remarkably in the following year.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs shrank to $3.6M in 2022. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 169% against the previous year. As a result, the exports attained the peak of $3.7M, and then fell in the following year.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/A3041,3381,548125.7%
Japan1,0211,0601,8571,2687.5%
India46.530.1548828161.1%
OthersN/AN/AN/AN/A0%
Total1,0681,3943,7443,64450.5%

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

  1. South Korea (498.8 tons)
  2. Japan (414.7 tons)
  3. India (351.6 tons)

Source: IndexBox Market Intelligence Platform

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