Pakistan: Zinc Market 2025

Zinc Market Size in Pakistan

The Pakistani zinc market expanded sharply to $X in 2021, with an increase of 9.2% against the previous year. In general, consumption posted a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Zinc Production in Pakistan

In value terms, zinc production declined modestly to $X in 2021 estimated in export price. In general, production, however, posted resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 197%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Zinc Exports

Exports from Pakistan

In 2021, exports of zinc from Pakistan declined rapidly to X tons, falling by -75.4% compared with 2020 figures. Overall, exports saw a dramatic setback. The pace of growth was the most pronounced in 2019 with an increase of 319%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, zinc exports reduced sharply to $X in 2021. In general, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2019 with an increase of 232% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for zinc exports from Pakistan, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to China was relatively modest.

In value terms, China ($X) emerged as the key foreign market for zinc exports from Pakistan.

From 2012 to 2021, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

The average zinc export price stood at $X per ton in 2021, shrinking by -6.6% against the previous year. In general, the export price, however, enjoyed a notable expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 71% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Sri Lanka amounted to +9.5% per year.

Zinc Imports

Imports into Pakistan

Zinc imports into Pakistan soared to X tons in 2021, rising by 25% compared with 2020. In general, imports recorded resilient growth. The pace of growth was the most pronounced in 2013 when imports increased by 119%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, zinc imports surged to $X in 2021. Overall, imports saw a significant increase. The growth pace was the most rapid in 2013 with an increase of 126% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

South Korea (X tons), Australia (X tons) and Spain (X tons) were the main suppliers of zinc imports to Pakistan, with a combined 66% share of total imports. These countries were followed by Uzbekistan, Belgium, Mexico and Iran, which together accounted for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of +52.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Australia ($X) and Spain ($X) were the largest zinc suppliers to Pakistan, with a combined 65% share of total imports. Uzbekistan, Belgium, Mexico and Iran lagged somewhat behind, together comprising a further 25%.

Uzbekistan, with a CAGR of +60.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average zinc import price amounted to $X per ton, increasing by 22% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.4%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 28%. The import price peaked at $X per ton in 2018; afterwards, it flattened through to 2021.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Belgium ($X per ton) and Mexico ($X per ton), while the price for Australia ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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