Colombia - Zinc - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Colombia - Zinc - Market Analysis, Forecast, Size, Trends And Insights

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Zinc Price in Colombia - 2022

Contents:

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

Zinc Price in Colombia (CIF) - 2022

The average zinc import price stood at $3,740 per ton in February 2022, growing by 3.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in November 2021 when the average import price increased by 8.5% m-o-m. The import price peaked in February 2022.

Average prices varied noticeably amongst the major supplying countries. In February 2022, the country with the highest price was Spain ($3,816 per ton), while the price for Peru amounted to $3,718 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.4%).

Zinc Price in Colombia (FOB) - 2022

The average zinc export price stood at $2,079 per ton in 2021, which is down by -22.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 12% against the previous year. As a result, the export price attained the peak level of $3,079 per ton. From 2020 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From 2012 to 2021, the rate of growth in terms of prices for Ecuador amounted to +5.3% per year.

Zinc Imports in Colombia

In 2022, zinc imports into Colombia reduced to 17K tons, which is down by -8.4% compared with 2021. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports attained the peak of 18K tons, and then reduced in the following year.

In value terms, zinc imports contracted remarkably to $48M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 52% against the previous year. As a result, imports reached the peak of $58M, and then fell significantly in the following year.

Import of Zinc in Colombia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Peru40.435.555.517.2%
Belgium1.10.40.9-9.5%
Others4.12.21.6-37.5%
Total45.738.258.012.7%

Top Suppliers of Zinc to Colombia in 2022:

  1. Peru (17.7K tons)
  2. Belgium (0.3K tons)

Zinc Exports in Colombia

In 2022, shipments abroad of zinc was finally on the rise to reach 45 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a abrupt slump.

In value terms, zinc exports surged to $108K in 2022. In general, exports, however, saw a abrupt decrease.

Export of Zinc in Colombia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Taiwan (Chinese)N/AN/A83.20%
Ecuador184N/AN/A0%
Dominican RepublicN/A133N/A0%
OthersN/AN/AN/A0%
Total18413383.2-32.8%

Top Export Markets for Zinc from Colombia in 2022:

  1. Taiwan (Chinese) (40.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zinc market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Colombia

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Colombia
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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