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

Contents:

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

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

The average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $2,641 per ton in January 2024, growing by 2.8% against the previous month. Over the period under review, the import price, however, continues to indicate a mild slump. The pace of growth appeared the most rapid in October 2023 an increase of 7.4% month-to-month. The import price peaked at $3,197 per ton in March 2023; however, from April 2023 to January 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($4,034 per ton), while the price for Kazakhstan ($2,505 per ton) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Mexico (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $3,509 per ton, rising by 31% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs increased by +56.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 47% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($3,571 per ton), while the average price for exports to Taiwan (Chinese) ($2,492 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 China (+42.2%), 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 Thailand

In 2022, approx. 21K tons of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs were imported into Thailand; picking up by 76% on the previous year. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 233%. 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 surged to $79M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 291% 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 Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/A3.823.060.0297.4%
Japan2.41.36.85.935.0%
AustraliaN/AN/A0.13.43300.0%
South Korea0.30.10.92.5102.7%
IndiaN/A1.40.72.225.4%
Taiwan (Chinese)N/A0.51.61.254.9%
Others0.41.40.34.0115.4%
Total3.18.633.579.3194.6%

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

  1. United Arab Emirates (16.2K tons)
  2. Japan (1.5K tons)
  3. Australia (0.9K tons)
  4. India (0.6K tons)
  5. South Korea (0.6K tons)
  6. Taiwan (Chinese) (0.4K tons)

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

In 2022, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs from Thailand dropped markedly to 1.5K tons, declining by -34.5% on the previous year. Overall, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. As a result, the exports reached the peak of 2.3K tons, and then contracted rapidly in the following year.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs fell to $5.2M in 2022. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 160%. As a result, the exports reached the peak of $6.1M, and then reduced in the following year.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1.81.81.94.939.6%
India1.10.41.10.2-43.3%
Taiwan (Chinese)N/A0.10.10.10.0%
ChinaN/AN/A3.1N/A0%
Others0.1N/AN/AN/A0%
Total3.02.36.15.220.1%

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

  1. Indonesia (1372.4 tons)
  2. India (74.0 tons)
  3. Taiwan (Chinese) (46.0 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 - Thailand