Price for Zinc; Dust, Powders and Flakes in Hong Kong SAR - 2023
Contents:
- Price for Zinc; Dust, Powders and Flakes in Hong Kong SAR (FOB) - 2023
- Price for Zinc; Dust, Powders and Flakes in Hong Kong SAR (CIF) - 2022
- Exports of Zinc; Dust, Powders and Flakes in Hong Kong SAR
- Imports of Zinc; Dust, Powders and Flakes in Hong Kong SAR
Price for Zinc; Dust, Powders and Flakes in Hong Kong SAR (FOB) - 2023
The average export price for zinc; dust, powders and flakeses stood at $6,551 per ton in May 2023, growing by 2.6% against the previous month. Overall, export price indicated a perceptible expansion from May 2022 to May 2023: its price increased at an average monthly rate of +4.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, zinc; dust, powders and flakes export price increased by +31.9% against February 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 26% against the previous month. Over the period under review, the average export prices hit record highs in May 2023.
As there is only one major export destination, the average price level is determined by prices for China.
From May 2022 to May 2023, the rate of growth in terms of prices for China amounted to +4.9% per month.
Price for Zinc; Dust, Powders and Flakes in Hong Kong SAR (CIF) - 2022
In 2021, the average import price for zinc; dust, powders and flakeses amounted to $4,382 per ton, picking up by 69% against the previous year. Over the period under review, the import price recorded strong growth. Over the period under review, average import prices attained the maximum at $5,809 per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($26,067 per ton), while the price for China ($2,755 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+33.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Zinc; Dust, Powders and Flakes in Hong Kong SAR
Zinc; dust, powders and flakes exports from Hong Kong SAR dropped to 1.2K tons in 2022, reducing by -10.1% on 2021 figures. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,174% against the previous year. As a result, the exports reached the peak of 1.3K tons, and then declined in the following year.
In value terms, zinc; dust, powders and flakes exports expanded notably to $4.9M in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,139%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Zinc; Dust, Powders and Flakes in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 180 | 209 | 4,496 | 399.8% | |
| Vietnam | 23.0 | 27.5 | 83.4 | 90.4% | |
| Fiji | 38.1 | 83.3 | N/A | 118.6% | |
| Others | 320 | 49.6 | N/A | -84.5% | |
| Total | 562 | 370 | 4,580 | 185.5% | |
Top Export Markets for Zinc; Dust, Powders and Flakes from Hong Kong SAR in 2022:
- China (1236.4 tons)
- Vietnam (19.6 tons)
Imports of Zinc; Dust, Powders and Flakes in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas purchases of zinc; dust, powders and flakeses, when their volume decreased by -46.5% to 65 tons. In general, imports, however, showed slight growth. The growth pace was the most rapid in 2020 when imports increased by 91%.
In value terms, zinc; dust, powders and flakes imports declined to $465K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +51.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 73%. As a result, imports reached the peak of $532K, and then contracted in the following year.
| Import of Zinc; Dust, Powders and Flakes in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 109 | 124 | 289 | 62.8% | |
| China | 21.6 | 47.7 | 154 | 167.0% | |
| Japan | 32.6 | 43.1 | 86.9 | 63.3% | |
| United States | 57.8 | 84.0 | N/A | 45.3% | |
| Canada | 87.4 | 119 | N/A | 36.2% | |
| Others | 5.4 | -110.7 | 1.9 | -40.7% | |
| Total | 314 | 307 | 532 | 30.2% | |
Top Suppliers of Zinc; Dust, Powders and Flakes to Hong Kong SAR in 2022:
- China (56.0 tons)
- Germany (50.8 tons)
- Japan (14.5 tons)
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In value terms, zinc dust, powders and flakes exports stood at $X in 2016. Overall, zinc dust, powders and flakes exports continue to indicate a drastic drop. Global zinc dust, powders and flakes e...
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In January 2023, the price of zinc powder was $5,228 per ton (FOB - Hong Kong, China), remaining the same as the previous month.
1398
In value terms, zinc dust, powders and flakes imports amounted to $X in 2016. In general, zinc dust, powders and flakes imports continue to indicate a drastic curtailment. Global zinc dust, powders...
1241
In value terms, zinc dust, powders and flakes exports stood at $X in 2016. Overall, zinc dust, powders and flakes exports continue to indicate a drastic drop. Global zinc dust, powders and flakes e...
