Zinc Dust Price in Egypt - 2023

Contents:

  1. Zinc Dust Price in Egypt (CIF) - 2022
  2. Zinc Dust Price in Egypt (FOB) - 2022
  3. Zinc Dust Imports in Egypt
  4. Zinc Dust Exports in Egypt

Zinc Dust Price in Egypt (CIF) - 2022

In 2022, the average zinc dust import price amounted to $4,493 per ton, with an increase of 25% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc dust import price increased by +47.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 40% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +8.4% per year.

Zinc Dust Price in Egypt (FOB) - 2022

The average zinc dust export price stood at $618 per ton in 2022, falling by -42.1% against the previous year. Over the period under review, the export price continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2019 when the average export price increased by 59% against the previous year. The export price peaked at $2,364 per ton in 2020; however, from 2021 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 Turkey.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +50.3% per year.

Zinc Dust Imports in Egypt

In 2022, the amount of zinc dusts imported into Egypt skyrocketed to 485 tons, growing by 21% on the year before. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, zinc dust imports skyrocketed to $2.2M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +90.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Zinc Dust in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia1,0721,0071,0442,17726.6%
South Korea134N/AN/AN/A0%
United States293N/AN/AN/A0%
United Arab Emirates10.6130145N/A269.9%
Others28.75.82520.9-68.5%
Total1,5381,1431,4412,17812.3%

Top Suppliers of Zinc Dust to Egypt in 2022:

  1. Saudi Arabia (484.5 tons)

Zinc Dust Exports in Egypt

In 2022, approx. 97 tons of zinc dusts were exported from Egypt; reducing by -88.1% against 2021 figures. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 4,058%. As a result, the exports reached the peak of 819 tons, and then dropped notably in the following year.

In value terms, zinc dust exports fell remarkably to $60K in 2022. Over the period under review, exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,776%. As a result, the exports attained the peak of $873K, and then fell dramatically in the following year.

Export of Zinc Dust in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/A75060.1-92.0%
South Korea42.2N/A65.5N/A24.6%
United Arab EmiratesN/A46.5N/AN/A0%
OthersN/AN/A57.1N/A0%
Total42.246.587360.112.5%

Top Export Markets for Zinc Dust from Egypt in 2022:

  1. Turkey (97.3 tons)

Source: IndexBox Market Intelligence Platform

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