Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Israel - 2023

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Israel (CIF) - 2022
  2. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Israel (FOB) - 2023
  3. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Israel
  4. Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Israel

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

In 2022, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $3,692 per ton, surging by 24% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% 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 +66.3% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 34% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($4,777 per ton), while the price for Luxembourg ($1,950 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Israel (FOB) - 2023

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $3,241 per ton in February 2023, flattening at the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2022 when the average export price increased by 25% m-o-m. Over the period under review, the average export prices reached the peak figure at $3,708 per ton in October 2022; however, from November 2022 to February 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From February 2022 to February 2023, the rate of growth in terms of prices for Brazil amounted to +0.8% per month.

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

In 2022, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs into Israel surged to 186 tons, increasing by 33% against the previous year. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 470%. As a result, imports reached the peak of 326 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs skyrocketed to $687K in 2022. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 355%. As a result, imports reached the peak of $723K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium12350428724926.5%
Peru10.460.033.5132133.3%
Turkey9.659.830.5117130.1%
Spain6.467.049.288.6140.1%
United Kingdom3.615.58.232.2107.6%
CanadaN/AN/AN/A28.90%
United States3.311.75.116.470.7%
Others2.85.41.923.3102.6%
Total15972341668762.9%

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

  1. Belgium (59.9 tons)
  2. Spain (38.2 tons)
  3. Turkey (29.0 tons)
  4. Peru (27.6 tons)
  5. United Kingdom (8.8 tons)
  6. United States (8.3 tons)
  7. Canada (7.2 tons)

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

In 2022, approx. 145 tons of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs were exported from Israel; with a decrease of -39.8% on 2021. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs fell sharply to $429K in 2022. Overall, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 89%.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil789281591359-23.1%
Greece94.648.239.031.1-31.0%
India33.531.529.026.3-7.7%
Italy16.815.213.411.7-11.4%
OthersN/AN/A39.0N/A0%
Total934376711429-22.8%

Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc from Israel in 2022:

  1. Brazil (110.3 tons)
  2. India (14.7 tons)
  3. Greece (12.8 tons)
  4. Italy (6.7 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 - Israel