Price for Zinc; Bars, Rods, Profiles and Wire in Brazil - 2024

Contents:

1. Price for Zinc; Bars, Rods, Profiles and Wire in Brazil (CIF) - 2022
2. Price for Zinc; Bars, Rods, Profiles and Wire in Brazil (FOB) - 2022
3. Imports of Zinc; Bars, Rods, Profiles and Wire in Brazil
4. Exports of Zinc; Bars, Rods, Profiles and Wire in Brazil

Price for Zinc; Bars, Rods, Profiles and Wire in Brazil (CIF) - 2022

In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $5,718 per ton, increasing by 53% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for zinc; bars, rods, profiles and wires increased by +85.5% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($42,714 per ton), while the price for India ($4,445 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Bars, Rods, Profiles and Wire in Brazil (FOB) - 2022

In 2022, the average export price for zinc; bars, rods, profiles and wires amounted to $3,712 per ton, picking up by 3.1% against the previous year. In general, the export price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2017 an increase of 41% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,738 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($16,173 per ton), while the average price for exports to Chile ($2,822 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 Belgium (+48.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Zinc; Bars, Rods, Profiles and Wire in Brazil

After three years of growth, purchases abroad of zinc; bars, rods, profiles and wires decreased by -8.2% to 399 tons in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports reached the peak of 435 tons, and then dropped in the following year.

In value terms, imports of zinc; bars, rods, profiles and wires skyrocketed to $2.3M in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Brazil in 2022:

1. Germany (256.4 tons)
2. India (69.3 tons)
3. Portugal (60.0 tons)
4. Canada (10.1 tons)

Exports of Zinc; Bars, Rods, Profiles and Wire in Brazil

For the third consecutive year, Brazil recorded decline in shipments abroad of zinc; bars, rods, profiles and wires, which decreased by -96.2% to 4.3 tons in 2022. In general, exports continue to indicate a significant decline. The smallest decline of -11.1% was in 2021.

In value terms, exports of zinc; bars, rods, profiles and wires reduced dramatically to $16K in 2022. Overall, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 7.1%.

Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Brazil in 2022:

1. Spain (4.1 tons)
2. Saudi Arabia (0.1 tons)
3. Chile (0.1 tons)

Source: IndexBox Market Intelligence Platform