Hong Kong SAR, China - Zinc - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Hong Kong SAR, China - Zinc - Market Analysis, Forecast, Size, Trends And Insights

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Zinc Price in Hong Kong SAR - 2023

Contents:

  1. Zinc Price in Hong Kong SAR (CIF) - 2023
  2. Zinc Price in Hong Kong SAR (FOB) - 2023
  3. Zinc Imports in Hong Kong SAR
  4. Zinc Exports in Hong Kong SAR

Zinc Price in Hong Kong SAR (CIF) - 2023

In June 2023, the average zinc import price amounted to $2,730 per ton, rising by 9% against the previous month. In general, the import price, however, showed a pronounced shrinkage. The import price peaked at $4,380 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Canada ($2,968 per ton), while the price for Japan ($2,267 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (-2.7%), while the prices for the other major suppliers experienced a decline.

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Zinc Price in Hong Kong SAR (FOB) - 2023

In June 2023, the average zinc export price amounted to $2,921 per ton, with a decrease of -2.1% against the previous month. Over the period under review, the export price recorded a noticeable setback. The pace of growth was the most pronounced in September 2022 when the average export price increased by 5.1% month-to-month. The export price peaked at $4,180 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In June 2023, the countries with the highest prices were Cambodia ($3,104 per ton) and Taiwan (Chinese) ($3,037 per ton), while the average price for exports to Bangladesh ($2,591 per ton) and Vietnam ($2,648 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-2.5%), while the prices for the other major destinations experienced a decline.

Zinc Imports in Hong Kong SAR

In 2022, the amount of zinc imported into Hong Kong SAR reduced dramatically to 19K tons, which is down by -70% on 2021 figures. In general, imports saw a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year.

In value terms, zinc imports contracted dramatically to $69M in 2022. Overall, imports continue to indicate a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by 64% against the previous year. As a result, imports reached the peak of $186M, and then fell markedly in the following year.

Import of Zinc in Hong Kong SAR (Million USD)
COUNTRY201920202021CAGR,
2019-2021
South Korea79.740.810112.6%
Australia47.840.543.7-4.4%
Japan25.416.128.55.9%
Peru0.73.57.1218.5%
Canada4.54.93.5-11.8%
Others7.87.82.5-43.4%
Total1661141865.9%

Top Suppliers of Zinc to Hong Kong SAR in 2022:

  1. South Korea (32.1K tons)
  2. Australia (18.2K tons)
  3. Japan (10.1K tons)
  4. Peru (2.3K tons)
  5. Canada (1.2K tons)

Zinc Exports in Hong Kong SAR

In 2022, the amount of zinc exported from Hong Kong SAR contracted markedly to 25K tons, which is down by -55.2% compared with the year before. Overall, exports faced a sharp setback. The smallest decline of -2.8% was in 2021.

In value terms, zinc exports plummeted to $92M in 2022. In general, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 16%.

Export of Zinc in Hong Kong SAR (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China155120140-5.0%
Vietnam12.07.19.0-13.4%
Thailand4.73.45.912.0%
Bangladesh2.81.23.511.8%
Taiwan (Chinese)3.88.63.3-6.8%
Others2.42.14.638.4%
Total181142166-4.2%

Top Export Markets for Zinc from Hong Kong SAR in 2022:

  1. China (48.7K tons)
  2. Vietnam (2.8K tons)
  3. Thailand (1.9K tons)
  4. Taiwan (Chinese) (1.1K tons)
  5. Bangladesh (1.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zinc market in Hong Kong SAR, China. 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:

    • Hong Kong SAR

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Hong Kong SAR, China
    • 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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