Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Turkey - 2024
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Turkey (CIF) - 2024
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Turkey (FOB) - 2024
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Turkey
- Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Turkey
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Turkey (CIF) - 2024
The average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $2,676 per ton in January 2024, growing by 2.7% against the previous month. Over the period under review, the import price, however, showed a mild decrease. The pace of growth appeared the most rapid in October 2023 an increase of 3.2% against the previous month. Over the period under review, average import prices hit record highs at $3,262 per ton in February 2023; however, from March 2023 to January 2024, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the highest price was recorded for prices from South Korea ($2,938 per ton) and Spain ($2,797 per ton), while the price for Iran ($2,558 per ton) and Congo ($2,584 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.6%), while the prices for the other major suppliers experienced a decline.
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Turkey (FOB) - 2024
In January 2024, the average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $2,629 per ton, picking up by 1.6% against the previous month. In general, the export price, however, saw a mild slump. The pace of growth appeared the most rapid in December 2023 when the average export price increased by 2.1% m-o-m. The export price peaked at $3,311 per ton in February 2023; however, from March 2023 to January 2024, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In January 2024, the countries with the highest prices were Serbia ($3,434 per ton) and Azerbaijan ($2,661 per ton), while the average price for exports to Malaysia ($2,401 per ton) and Libya ($2,490 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (-1.1%), while the prices for the other major destinations experienced a decline.
Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Turkey
In 2022, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs into Turkey expanded modestly to 228K tons, growing by 1.9% on the previous year. The total import volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs skyrocketed to $834M in 2022. In general, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 159 | 135 | 246 | 365 | 31.9% |
| Spain | 138 | 142 | 233 | 187 | 10.7% |
| Uzbekistan | 126 | 87.4 | 130 | 169 | 10.3% |
| Bulgaria | 41.2 | 29.5 | 30.6 | 32.8 | -7.3% |
| Peru | 7.2 | N/A | 2.9 | 24.1 | 49.6% |
| Netherlands | 2.4 | 2.0 | 15.8 | 22.8 | 111.8% |
| Brazil | 17.2 | 16.7 | 19.4 | 19.5 | 4.3% |
| Others | 4.0 | 3.8 | 1.3 | 12.7 | 47.0% |
| Total | 496 | 417 | 679 | 834 | 18.9% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc to Turkey in 2022:
- Iran (102.6K tons)
- Uzbekistan (47.9K tons)
- Spain (47.8K tons)
- Bulgaria (8.6K tons)
- Peru (6.2K tons)
- Netherlands (5.8K tons)
- Brazil (5.2K tons)
Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Turkey
For the fourth consecutive year, Turkey recorded growth in shipments abroad of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs, which increased by 437% to 9.5K tons in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs soared to $33M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.8 | 1.0 | 1.1 | 12.1 | 147.3% |
| Singapore | N/A | N/A | N/A | 4.7 | 0% |
| Morocco | N/A | N/A | 0.1 | 4.7 | 4600.0% |
| Belgium | N/A | N/A | N/A | 2.3 | 0% |
| Russia | N/A | N/A | 1.5 | 2.1 | 40.0% |
| Ukraine | N/A | N/A | N/A | 1.9 | 0% |
| Tunisia | N/A | N/A | N/A | 1.7 | 0% |
| Israel | N/A | 0.4 | 1.3 | 0.5 | 11.8% |
| Others | 0.7 | 0.3 | 1.3 | 3.3 | 67.7% |
| Total | 1.5 | 1.6 | 5.2 | 33.3 | 181.1% |
Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc from Turkey in 2022:
- Italy (3.5K tons)
- Singapore (1.3K tons)
- Morocco (1.3K tons)
- Belgium (0.7K tons)
- Ukraine (0.6K tons)
- Russia (0.6K tons)
- Tunisia (0.5K tons)
- Israel (0.1K tons)
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