Price for Zinc; Powders and Flakes in Morocco - 2022

Contents:

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

Price for Zinc; Powders and Flakes in Morocco (CIF) - 2022

The average zinc; powders and flakes import price stood at $5,222 per ton in 2022, increasing by 24% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 64% against the previous year. Over the period under review, average import prices hit record highs at $7,448 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($5,410 per ton), while the price for Turkey amounted to $4,849 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+1.5%).

Price for Zinc; Powders and Flakes in Morocco (FOB) - 2022

In 2021, the average zinc; powders and flakes export price amounted to $1,912 per ton, dropping by -12.1% against the previous year. Overall, the export price showed a noticeable downturn. The export price peaked at $2,329 per ton in 2018; however, from 2019 to 2021, 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 2014 to 2021, the rate of growth in terms of prices for India amounted to -2.4% per year.

Imports of Zinc; Powders and Flakes in Morocco

In 2022, the amount of zinc; powders and flakeses imported into Morocco surged to 48 tons, with an increase of 19% on 2021. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 148%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, zinc; powders and flakes imports skyrocketed to $248K in 2022. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 137% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Zinc; Powders and Flakes in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia13.730.7101139116.5%
Turkey25.338.063.510460.2%
Others1.62.23.75.450.0%
Total40.770.916824882.6%

Top Suppliers of Zinc; Powders and Flakes to Morocco in 2022:

  1. Indonesia (25.6 tons)
  2. Turkey (21.4 tons)

Exports of Zinc; Powders and Flakes in Morocco

Zinc; powders and flakes exports from Morocco fell sharply to 22 tons in 2021, reducing by -24.3% compared with the previous year's figure. In general, exports faced a sharp contraction.

In value terms, zinc; powders and flakes exports declined rapidly to $43K in 2021. Over the period under review, exports continue to indicate a sharp decrease.

Export of Zinc; Powders and Flakes in Morocco (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
IndiaN/A42.70%
Cameroon64.2N/A0%
OthersN/AN/A0%
Total64.242.7-33.5%

Top Export Markets for Zinc; Powders and Flakes from Morocco in 2022:

  1. India (22.4 tons)

Source: IndexBox Market Intelligence Platform

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