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

Contents:

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

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

The average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $3,692 per ton in 2022, increasing by 19% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs increased by +57.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 43%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($3,692 per ton) and Japan ($3,692 per ton), while the price for Peru ($3,692 per ton) and South Korea ($3,692 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+6.6%), 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 Vietnam (FOB) - 2022

In 2022, the average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $3,158 per ton, increasing by 51% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices attained the peak figure at $3,321 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +5.2% per year.

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

In 2022, approx. 52K tons of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs were imported into Vietnam; surging by 13% compared with 2021 figures. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 22%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs skyrocketed to $192M in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea49.753.991.311130.7%
Australia20.924.235.953.937.1%
Japan13.011.010.013.51.3%
Taiwan (Chinese)2.52.62.88.550.4%
PeruN/A2.02.54.550.0%
Others6.01.00.60.2-67.8%
Total92.294.614319227.7%

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

  1. South Korea (30.1K tons)
  2. Australia (14.6K tons)
  3. Japan (3.6K tons)
  4. Taiwan (Chinese) (2.3K tons)
  5. Peru (1.2K tons)

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

In 2022, approx. 258 tons of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs were exported from Vietnam; rising by 167% against the previous year's figure. Overall, exports saw 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 skyrocketed to $816K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained 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 Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17379.220281667.7%
South Korea37.3N/AN/AN/A0%
IndiaN/A91.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total21117020281657.0%

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

  1. China (258.4 tons)

Source: IndexBox Market Intelligence Platform

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