Saudi Arabia - Zinc - Market Analysis, Forecast, Size, Trends And Insights
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View PricingZinc Price in Saudi Arabia - 2021
Contents:
- Zinc Price in Saudi Arabia (CIF) - 2022
- Zinc Price in Saudi Arabia (FOB) - 2022
- Zinc Imports in Saudi Arabia
- Zinc Exports in Saudi Arabia
Zinc Price in Saudi Arabia (CIF) - 2022
In 2021, the average zinc import price amounted to $3,158 per ton, increasing by 31% against the previous year. Overall, import price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average import price increased by 40%. Over the period under review, average import prices reached the maximum at $3,262 per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kazakhstan ($4,429 per ton), while the price for Canada ($579 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Zinc Price in Saudi Arabia (FOB) - 2022
The average zinc export price stood at $2,355 per ton in 2021, which is down by -10.4% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, zinc export price decreased by -20.2% against 2017 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 66% against the previous year. The export price peaked at $2,952 per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($6,867 per ton), while the average price for exports to Sri Lanka ($1,949 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+65.0%), while the prices for the other major destinations experienced more modest paces of growth.
Zinc Imports in Saudi Arabia
In 2022, the amount of zinc imported into Saudi Arabia rose modestly to 51K tons, increasing by 4.8% compared with the year before. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 18% against the previous year. As a result, imports attained the peak of 53K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, zinc imports reduced to $140M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, imports reached the peak of $152M, and then contracted in the following year.
| Import of Zinc in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| South Korea | 37.1 | 36.1 | 29.9 | -10.2% | |
| Spain | 40.1 | 53.1 | 23.0 | -24.3% | |
| Belgium | 11.2 | 15.6 | 13.8 | 11.0% | |
| India | 8.8 | 4.5 | 12.9 | 21.1% | |
| Australia | 6.6 | 6.0 | 9.6 | 20.6% | |
| Russia | 4.0 | 0.4 | 7.6 | 37.8% | |
| Kazakhstan | N/A | N/A | 6.5 | 0% | |
| Oman | N/A | N/A | 5.1 | 0% | |
| United Arab Emirates | N/A | 0.2 | 3.9 | 1850.0% | |
| Bulgaria | N/A | 3.8 | 2.9 | -23.7% | |
| Namibia | 0.8 | N/A | 2.4 | 73.2% | |
| Iran | N/A | N/A | 1.0 | 0% | |
| Canada | N/A | N/A | 0.6 | 0% | |
| Others | 16.2 | 8.1 | 33.0 | 42.7% | |
| Total | 125 | 128 | 152 | 10.3% | |
Top Suppliers of Zinc to Saudi Arabia in 2022:
- South Korea (12.6K tons)
- Spain (8.8K tons)
- Belgium (5.8K tons)
- India (4.1K tons)
- Australia (3.4K tons)
- Russia (2.5K tons)
- Oman (1.8K tons)
- Kazakhstan (1.5K tons)
- United Arab Emirates (1.4K tons)
- Bulgaria (1.4K tons)
- Canada (1.1K tons)
- Iran (0.8K tons)
- Namibia (0.8K tons)
Zinc Exports in Saudi Arabia
In 2022, approx. 75 tons of zinc were exported from Saudi Arabia; waning by -30.1% compared with the previous year's figure. Overall, exports faced a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 151% against the previous year.
In value terms, zinc exports declined rapidly to $183K in 2022. Over the period under review, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 125%.
| Export of Zinc in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | N/A | N/A | 49.8 | 0% | |
| Sri Lanka | 34.5 | 24.4 | 39.6 | 7.1% | |
| United Arab Emirates | 22.0 | 14.2 | 21.0 | -2.3% | |
| India | 85.5 | 35.3 | 17.0 | -55.4% | |
| Bahrain | 13.8 | 9.9 | 16.4 | 9.0% | |
| Yemen | 2.8 | 2.2 | 4.0 | 19.5% | |
| Oman | N/A | 2.1 | N/A | 0% | |
| Singapore | N/A | 8.5 | N/A | 0% | |
| Others | 236 | 16.3 | 106 | -33.0% | |
| Total | 395 | 113 | 254 | -19.8% | |
Top Export Markets for Zinc from Saudi Arabia in 2022:
- Sri Lanka (20.3 tons)
- China (18.4 tons)
- India (6.2 tons)
- Bahrain (4.8 tons)
- United Arab Emirates (3.1 tons)
- Yemen (1.5 tons)
This report provides an in-depth analysis of the zinc market in Saudi Arabia. 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:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the zinc market in Saudi Arabia.
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This report provides an in-depth analysis of the global zinc market.
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This report provides an in-depth analysis of the global zinc market.
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This report provides an in-depth analysis of the global zinc alloys market.
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This report provides an in-depth analysis of the zinc market in Saudi Arabia.
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This report provides an in-depth analysis of the zinc market in Saudi Arabia.
455
This report provides an in-depth analysis of the zinc alloys market in Saudi Arabia.
919
This report provides an in-depth analysis of the global zinc market.
611
In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
174
Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
2054
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
804
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
611
In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
174
Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
2054
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
804
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
