Zinc Dust Price in the United States - 2023
Contents:
- Zinc Dust Price in the United States (CIF) - 2023
- Zinc Dust Price in the United States (FOB) - 2023
- Zinc Dust Imports in the United States
- Zinc Dust Exports in the United States
Zinc Dust Price in the United States (CIF) - 2023
In August 2023, the average zinc dust import price amounted to $4,047 per ton, standing approximately at the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 11% m-o-m. The import price peaked at $4,596 per ton in January 2023; however, from February 2023 to August 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($4,066 per ton), while the price for Saudi Arabia ($4,000 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Canada (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Zinc Dust Price in the United States (FOB) - 2023
In August 2023, the average zinc dust export price amounted to $4,897 per ton, almost unchanged from the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average export price increased by 8.8% m-o-m. Over the period under review, the average export prices hit record highs at $5,540 per ton in March 2023; however, from April 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Canada ($5,176 per ton), while the average price for exports to India ($3,186 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.
Zinc Dust Imports in the United States
In 2022, the amount of zinc dusts imported into the United States was estimated at 11K tons, approximately reflecting 2021 figures. Over the period under review, imports, however, saw a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 3.3%.
In value terms, zinc dust imports soared to $45M in 2022. Overall, imports, however, recorded a pronounced curtailment.
| Import of Zinc Dust in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 28.7 | 17.0 | 22.3 | 25.3 | -4.1% |
| Canada | 20.7 | 14.2 | 12.5 | 18.0 | -4.6% |
| Malaysia | N/A | 0.7 | 0.2 | 1.3 | 36.3% |
| Norway | 1.0 | 1.0 | 1.7 | 0.5 | -20.6% |
| Others | 0.4 | 0.3 | 0.5 | 0.2 | -20.6% |
| Total | 50.8 | 33.2 | 37.1 | 45.4 | -3.7% |
Top Suppliers of Zinc Dust to the United States in 2022:
- Belgium (6.0K tons)
- Canada (4.1K tons)
- Malaysia (0.3K tons)
- Norway (0.2K tons)
Zinc Dust Exports in the United States
After two years of decline, overseas shipments of zinc dusts increased by 18% to 7.3K tons in 2022. The total export volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, zinc dust exports skyrocketed to $38M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Zinc Dust in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 13.5 | 11.5 | 12.9 | 19.6 | 13.2% |
| Brazil | 1.7 | 2.0 | 1.7 | 6.0 | 52.3% |
| Canada | 3.6 | 1.9 | 2.3 | 5.2 | 13.0% |
| Chile | 2.2 | 1.3 | 1.6 | 2.2 | 0.0% |
| Australia | 0.4 | 2.0 | 2.3 | 1.4 | 51.8% |
| Russia | N/A | 0.6 | 0.9 | 1.1 | 35.4% |
| Peru | 1.1 | 0.5 | 0.5 | 0.6 | -18.3% |
| Thailand | 0.7 | 0.7 | 1.1 | 0.2 | -34.1% |
| Others | 2.1 | 2.0 | 2.3 | 2.0 | -1.6% |
| Total | 25.3 | 22.5 | 25.6 | 38.3 | 14.8% |
Top Export Markets for Zinc Dust from the United States in 2022:
- Mexico (3804.5 tons)
- Brazil (1103.4 tons)
- Canada (1035.9 tons)
- Chile (418.0 tons)
- Australia (275.7 tons)
- Russia (126.7 tons)
- Peru (113.5 tons)
- Thailand (38.6 tons)
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