Price for Zinc; Dust, Powders and Flakes in Pakistan - 2023

Contents:

1. Price for Zinc; Dust, Powders and Flakes in Pakistan (FOB) - 2022
2. Price for Zinc; Dust, Powders and Flakes in Pakistan (CIF) - 2022
3. Exports of Zinc; Dust, Powders and Flakes in Pakistan
4. Imports of Zinc; Dust, Powders and Flakes in Pakistan

Price for Zinc; Dust, Powders and Flakes in Pakistan (FOB) - 2022

The average export price for zinc; dust, powders and flakeses stood at $1,146 per ton in 2021, surging by 26% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $1,207 per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($1,189 per ton), while the average price for exports to the United Arab Emirates totaled $1,115 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+18.7%), while the prices for the other major destinations experienced a decline.

Price for Zinc; Dust, Powders and Flakes in Pakistan (CIF) - 2022

The average import price for zinc; dust, powders and flakeses stood at $3,808 per ton in 2021, growing by 17% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 34%. Over the period under review, average import prices attained the maximum in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($10,375 per ton), while the price for Malaysia ($3,625 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uganda (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zinc; Dust, Powders and Flakes in Pakistan

In 2022, the amount of zinc; dust, powders and flakeses exported from Pakistan skyrocketed to 1.5K tons, picking up by 17% against the previous year. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, zinc; dust, powders and flakes exports soared to $2.2M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Zinc; Dust, Powders and Flakes from Pakistan in 2022:

1. United Arab Emirates (768.9 tons)
2. Taiwan (Chinese) (546.1 tons)

Imports of Zinc; Dust, Powders and Flakes in Pakistan

For the fourth consecutive year, Pakistan recorded growth in supplies from abroad of zinc; dust, powders and flakeses, which increased by 27% to 137 tons in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 65% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, zinc; dust, powders and flakes imports skyrocketed to $573K in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 49%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Zinc; Dust, Powders and Flakes to Pakistan in 2022:

1. Malaysia (42.7 tons)
2. United Arab Emirates (24.6 tons)
3. Thailand (4.4 tons)
4. Italy (1.2 tons)

Source: IndexBox Market Intelligence Platform