Zinc Dust Price in Sri Lanka - 2021

Contents:

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

Zinc Dust Price in Sri Lanka (FOB) - 2022

The average zinc dust export price stood at $1,688 per ton in 2022, waning by -17.1% against the previous year. Over the period under review, the export price showed a slight decline. The growth pace was the most rapid in 2017 when the average export price increased by 42%. The export price peaked at $2,723 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 India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -1.0% per year.

Zinc Dust Price in Sri Lanka (CIF) - 2022

In 2022, the average zinc dust import price amounted to $2,772 per ton, falling by -31.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 44%. The import price peaked at $4,050 per ton in 2021, and then reduced dramatically in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +11.7% per year.

Zinc Dust Exports in Sri Lanka

For the fourth year in a row, Sri Lanka recorded growth in overseas shipments of zinc dusts, which increased by 32% to 51 tons in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 107% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, zinc dust exports amounted to $87K in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 144% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Zinc Dust in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India29.342.479.286.943.7%
MalaysiaN/A29.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total29.371.579.286.943.7%

Top Export Markets for Zinc Dust from Sri Lanka in 2022:

  1. India (51.5 tons)

Zinc Dust Imports in Sri Lanka

In 2022, purchases abroad of zinc dusts decreased by -52.7% to 2 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 30% against the previous year. As a result, imports attained the peak of 5.3 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, zinc dust imports declined remarkably to $5.6K in 2022. In general, imports saw a precipitous curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 16% against the previous year. As a result, imports reached the peak of $18K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Zinc Dust in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India6.89.911.55.6-6.3%
China6.96.44.8N/A-16.6%
United Kingdom0.50.50.4N/A-10.6%
Others1.00.90.6N/A-22.5%
Total15.317.717.25.6-28.5%

Top Suppliers of Zinc Dust to Sri Lanka in 2022:

  1. India (2.0 tons)

Source: IndexBox Market Intelligence Platform

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