Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Morocco - 2023

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Morocco (CIF) - 2023
  2. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Morocco (FOB) - 2022
  3. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Morocco
  4. Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Morocco

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Morocco (CIF) - 2023

In June 2023, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $3,156 per ton, with a decrease of -5.2% against the previous month. Overall, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 3.4% month-to-month. The import price peaked at $4,572 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were Italy ($3,367 per ton) and Belgium ($3,354 per ton), while the price for Uzbekistan ($2,768 per ton) and Turkey ($2,855 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $3,943 per ton in 2022, remaining stable against the previous year. In general, the export price showed buoyant growth. The pace of growth was the most pronounced in 2018 an increase of 60% against the previous year. As a result, the export price attained the peak level of $4,945 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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 Senegal ($6,281 per ton), while the average price for exports to India ($2,524 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 Senegal (+5.6%).

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

In 2022, the amount of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs imported into Morocco soared to 9.7K tons, growing by 64% on 2021 figures. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs skyrocketed to $38M in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.83.010.915.732.2%
Spain3.54.81.55.717.7%
UzbekistanN/AN/AN/A4.20%
Finland0.40.71.22.379.2%
Italy0.50.70.52.161.3%
South Korea1.31.11.51.54.9%
Netherlands0.90.80.80.7-8.0%
Algeria1.00.90.80.6-15.7%
Others0.51.20.74.9114.0%
Total14.813.318.037.836.7%

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

  1. Germany (3.8K tons)
  2. Spain (1.4K tons)
  3. Uzbekistan (0.9K tons)
  4. Algeria (0.6K tons)
  5. Italy (0.5K tons)
  6. Finland (0.5K tons)
  7. South Korea (0.5K tons)
  8. Netherlands (0.2K tons)

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

In 2022, overseas shipments of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by 0% to 37 tons, falling for the second year in a row after two years of growth. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 487% against the previous year. As a result, the exports attained the peak of 40 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 stood at $144K in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 337% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/AN/AN/A62.80%
Senegal7.656.5N/A43.178.3%
India17.753.9N/A38.529.6%
OthersN/AN/AN/AN/A0%
Total25.3110N/A14478.5%

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

  1. India (15.3 tons)
  2. Peru (14.5 tons)
  3. Senegal (6.9 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 - Morocco