Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Panama - 2022

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Panama (CIF) - 2022
  2. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Panama

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Panama (CIF) - 2022

In 2022, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $6,938 per ton, increasing by 17% against the previous year. In general, the import price continues to indicate prominent growth. The growth pace was the most rapid in 2019 when the average import price increased by 67%. Over the period under review, average import prices reached the peak figure at $7,559 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($6,938 per ton), while the price for Germany totaled $6,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.4%).

Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Panama

In 2022, purchases abroad of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by -7.3% to 5.4 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 481% against the previous year. As a result, imports reached the peak of 5.9 tons, and then reduced in the following year.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs rose notably to $38K in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 356% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/AN/AN/A37.80%
Germany1.77.734.9N/A353.1%
OthersN/AN/AN/AN/A0%
Total1.77.734.937.8181.2%

Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc to Panama in 2022:

  1. Peru (5.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zinc - Panama