Zinc Dust Price in China - 2023
Contents:
- Zinc Dust Price in China (CIF) - 2023
- Zinc Dust Price in China (FOB) - 2022
- Zinc Dust Imports in China
- Zinc Dust Exports in China
Zinc Dust Price in China (CIF) - 2023
In June 2023, the average zinc dust import price amounted to $3,486 per ton, shrinking by -9.2% against the previous month. In general, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in November 2022 an increase of 16% month-to-month. The import price peaked at $12,597 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for South Korea.
From June 2022 to June 2023, the rate of growth in terms of prices for South Korea amounted to -1.8% per month.
Zinc Dust Price in China (FOB) - 2022
The average zinc dust export price stood at $6,416 per ton in 2022, picking up by 25% against the previous year. Over the period under review, the export price showed resilient growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 73%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
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 Argentina ($10,830 per ton), while the average price for exports to Indonesia ($5,375 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 Uzbekistan (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.
Zinc Dust Imports in China
Zinc dust imports into China declined remarkably to 3.2K tons in 2022, dropping by -50.7% compared with the year before. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of 6.5K tons, and then reduced remarkably in the following year.
In value terms, zinc dust imports fell remarkably to $13M in 2022. Overall, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. As a result, imports attained the peak of $22M, and then declined remarkably in the following year.
| Import of Zinc Dust in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 7.0 | 7.5 | 12.6 | 11.8 | 19.0% |
| Malaysia | 10.4 | 7.2 | 8.8 | 0.9 | -55.8% |
| Others | 0.3 | 0.3 | 0.2 | 0.3 | 0.0% |
| Total | 17.7 | 15.0 | 21.7 | 13.0 | -9.8% |
Top Suppliers of Zinc Dust to China in 2022:
- South Korea (2.9K tons)
- Malaysia (0.2K tons)
Zinc Dust Exports in China
For the third year in a row, China recorded decline in overseas shipments of zinc dusts, which decreased by -59.2% to 16 tons in 2022. In general, exports continue to indicate a precipitous descent. The smallest decline of -26.4% was in 2021.
In value terms, zinc dust exports contracted markedly to $100K in 2022. Over the period under review, exports showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 27%.
| Export of Zinc Dust in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 43.8 | 55.2 | 85.3 | 83.2 | 23.8% |
| Indonesia | 37.5 | 28.9 | 39.6 | 6.8 | -43.4% |
| Argentina | N/A | N/A | N/A | 4.8 | 0% |
| Nigeria | 120 | 42.6 | N/A | N/A | -64.5% |
| Tajikistan | 36.0 | 9.9 | N/A | N/A | -72.5% |
| Singapore | N/A | 11.7 | N/A | N/A | 0% |
| Taiwan (Chinese) | 44.0 | N/A | N/A | N/A | 0% |
| Bangladesh | 30.2 | 0.6 | 0.3 | N/A | -90.0% |
| Others | 11.0 | 4.1 | 70.0 | 4.7 | -24.7% |
| Total | 323 | 153 | 195 | 99.6 | -32.4% |
Top Export Markets for Zinc Dust from China in 2022:
- Thailand (12.9 tons)
- Indonesia (1.3 tons)
- Argentina (0.4 tons)
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