Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kenya - 2022
Contents:
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kenya (FOB) - 2022
- Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kenya (CIF) - 2022
- Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kenya
- Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kenya
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kenya (FOB) - 2022
The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $2,900 per ton in 2022, increasing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.1%. The pace of growth appeared the most rapid in 2018 when the average export price increased by 27%. The export price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($3,014 per ton), while the average price for exports to Belgium ($256 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 Sri Lanka (+18.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kenya (CIF) - 2022
The average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $2,937 per ton in 2022, growing by 14% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.8% 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; unwrought, (not alloyed), containing by weight less than 99.99% of zincs increased by +90.1% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 14% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($4,541 per ton), while the price for India ($450 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kenya
For the fourth consecutive year, Kenya recorded growth in shipments abroad of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs, which increased by 3.9% to 725 tons in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 394%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs soared to $2.1M in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 363%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 229 | 1,202 | 1,765 | 2,074 | 108.4% |
| Uganda | 32.5 | 31.7 | 27.6 | 23.8 | -9.9% |
| Belgium | 6.9 | 6.5 | 5.4 | 4.5 | -13.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 268 | 1,240 | 1,798 | 2,102 | 98.7% |
Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc from Kenya in 2022:
- India (688.2 tons)
- Uganda (19.3 tons)
- Belgium (17.4 tons)
Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kenya
In 2022, the amount of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs imported into Kenya contracted sharply to 7.6 tons, reducing by -20% on the previous year. Over the period under review, imports continue to indicate a dramatic shrinkage.
In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs shrank to $22K in 2022. Overall, imports continue to indicate a deep reduction. The smallest decline of -9% was in 2020.
| Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 27.0 | 24.5 | 22.3 | 20.2 | -9.2% |
| Belgium | 0.7 | 0.8 | 0.9 | 1.0 | 12.6% |
| India | 1.4 | 1.1 | 0.9 | 0.7 | -20.6% |
| Others | 0.5 | 0.4 | 0.4 | 0.4 | -7.2% |
| Total | 29.5 | 26.9 | 24.4 | 22.2 | -9.0% |
Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc to Kenya in 2022:
- Japan (5.7 tons)
- India (1.6 tons)
- Belgium (0.2 tons)
452
This report provides an in-depth analysis of the zinc market in Kenya.
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This report provides an in-depth analysis of the zinc market in Kenya.
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This report provides an in-depth analysis of the zinc alloys market in Kenya.
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This report provides an in-depth analysis of the global zinc market.
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This report provides an in-depth analysis of the global zinc market.
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This report provides an in-depth analysis of the global zinc alloys market.
452
This report provides an in-depth analysis of the zinc market in Kenya.
285
This report provides an in-depth analysis of the zinc market in Kenya.
327
This report provides an in-depth analysis of the zinc alloys market in Kenya.
916
This report provides an in-depth analysis of the global zinc market.
217
Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
2068
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
820
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
626
In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
217
Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
2068
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
820
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
626
In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
