Zinc Dust Price in Singapore - 2022

Contents:

  1. Zinc Dust Price in Singapore (CIF) - 2022
  2. Zinc Dust Price in Singapore (FOB) - 2022
  3. Zinc Dust Imports in Singapore
  4. Zinc Dust Exports in Singapore

Zinc Dust Price in Singapore (CIF) - 2022

The average zinc dust import price stood at $4,304 per ton in 2022, jumping by 22% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc dust import price increased by +45.5% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($5,329 per ton) and India ($4,699 per ton), while the price for Indonesia ($3,858 per ton) and Malaysia ($4,387 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Zinc Dust Price in Singapore (FOB) - 2022

The average zinc dust export price stood at $8,869 per ton in 2022, jumping by 202% against the previous year. In general, the export price posted a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($19,111 per ton), while the average price for exports to Vietnam ($2,190 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1,483.3%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Dust Imports in Singapore

In 2022, supplies from abroad of zinc dusts decreased by -57.8% to 119 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year. As a result, imports attained the peak of 375 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, zinc dust imports reduced sharply to $511K in 2022. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 12%. As a result, imports reached the peak of $1.1M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Zinc Dust in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia652322134266-25.8%
Indonesia300309690164-18.2%
Belgium21.658.269.648.030.5%
India8.335910130.454.1%
Others7.761.81.33.2-25.4%
Total9901,110996511-19.8%

Top Suppliers of Zinc Dust to Singapore in 2022:

  1. Malaysia (60.7 tons)
  2. Indonesia (42.4 tons)
  3. Belgium (9.0 tons)
  4. India (6.5 tons)

Zinc Dust Exports in Singapore

After three years of growth, overseas shipments of zinc dusts decreased by -67.3% to 53 tons in 2022. Over the period under review, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 170%.

In value terms, zinc dust exports fell slightly to $466K in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 137%.

Export of Zinc Dust in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/A16.52721548.5%
Philippines31.833.782.216573.1%
Malaysia37.928.288.615.0-26.6%
MauritiusN/A1.8N/A11.9157.1%
Thailand59.659.6143N/A54.9%
Vietnam3.9126102N/A411.4%
IndiaN/A43.0N/AN/A0%
Others1.627.239.41.84.0%
Total13532047146651.1%

Top Export Markets for Zinc Dust from Singapore in 2022:

  1. Vietnam (undefined tons)
  2. Philippines (33.8 tons)
  3. South Korea (14.2 tons)
  4. Malaysia (2.5 tons)
  5. Mauritius (2.0 tons)

Source: IndexBox Market Intelligence Platform

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