Zinc Dust Price in Colombia - 2022

Contents:

  1. Zinc Dust Price in Colombia (CIF) - 2022
  2. Zinc Dust Price in Colombia (FOB) - 2022
  3. Zinc Dust Imports in Colombia
  4. Zinc Dust Exports in Colombia

Zinc Dust Price in Colombia (CIF) - 2022

The average zinc dust import price stood at $3,974 per ton in 2022, which is down by -8.9% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The pace of growth appeared the most rapid in 2013 an increase of 35%. Over the period under review, average import prices attained the peak figure at $4,368 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($4,425 per ton) and Belgium ($4,161 per ton), while the price for Peru ($3,438 per ton) and Germany ($3,478 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Zinc Dust Price in Colombia (FOB) - 2022

The average zinc dust export price stood at $3,593 per ton in 2022, falling by -9.3% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc dust export price increased by +3.6% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 47%. The export price peaked at $4,757 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($5,413 per ton), while the average price for exports to Peru ($2,968 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 Costa Rica (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Dust Imports in Colombia

In 2022, the amount of zinc dusts imported into Colombia expanded markedly to 255 tons, growing by 7.5% on the previous year's figure. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 21%. As a result, imports attained the peak of 272 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, zinc dust imports contracted slightly to $1M in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 7.9% against the previous year.

Import of Zinc Dust in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru93.623728126240.9%
United States2421702022582.2%
Belgium320223234217-12.1%
India29.819.618.024.3-6.6%
Germany1.11.73.221.1167.7%
MalaysiaN/A65.3N/AN/A0%
Others231274295229-0.3%
Total9189911,0331,0123.3%

Top Suppliers of Zinc Dust to Colombia in 2022:

  1. Peru (76.1 tons)
  2. United States (58.3 tons)
  3. Belgium (52.3 tons)
  4. Germany (6.1 tons)
  5. India (6.0 tons)

Zinc Dust Exports in Colombia

In 2022, the amount of zinc dusts exported from Colombia surged to 6.6 tons, with an increase of 99% on the year before. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 233% against the previous year. As a result, the exports attained the peak of 9.9 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, zinc dust exports skyrocketed to $24K in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 197%. As a result, the exports reached the peak of $34K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Zinc Dust in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru2.722.07.713.771.8%
Ecuador3.25.22.05.620.5%
Panama1.70.63.54.437.3%
GuatemalaN/A2.1N/AN/A0%
Costa Rica4.14.5N/AN/A9.8%
OthersN/AN/AN/AN/A0%
Total11.634.413.223.827.1%

Top Export Markets for Zinc Dust from Colombia in 2022:

  1. Peru (4.6 tons)
  2. Panama (1.0 tons)
  3. Ecuador (1.0 tons)

Source: IndexBox Market Intelligence Platform

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