Report Update Nov 1, 2024

Pakistan - Zinc, Unwrought (Not Alloyed) - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Zinc Market 2024

Zinc Market Size in Pakistan

In 2022, the Pakistani zinc market decreased by -35.6% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, enjoyed strong growth. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Zinc Exports

Exports from Pakistan

Zinc exports from Pakistan dropped to X tons in 2022, which is down by -5.1% against the year before. In general, exports recorded a sharp decrease. The pace of growth was the most pronounced in 2019 with an increase of 104%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, zinc exports shrank to $X in 2022. Overall, exports saw a abrupt descent. The pace of growth was the most pronounced in 2019 with an increase of 105%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Sri Lanka (X tons) was the main destination for zinc exports from Pakistan, with a 72% share of total exports. Moreover, zinc exports to Sri Lanka exceeded the volume sent to the second major destination, India (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sri Lanka totaled -22.3%.

In value terms, Sri Lanka ($X) remains the key foreign market for zinc, unwrought (not alloyed) exports from Pakistan, comprising 94% of total exports. The second position in the ranking was held by India ($X), with a 6.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Sri Lanka stood at -16.7%.

Export Prices by Country

In 2022, the average zinc export price amounted to $X per ton, dropping by -2.5% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc export price increased by +1.5% against 2020 indices. The growth pace was the most rapid in 2018 when the average export price increased by 47%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+7.2%), while the prices for the other major destinations experienced a decline.

Zinc Imports

Imports into Pakistan

After two years of growth, purchases abroad of zinc, unwrought (not alloyed) decreased by -41.2% to X tons in 2022. Over the period under review, imports, however, showed a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 179%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, zinc imports shrank dramatically to $X in 2022. Overall, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 157%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Japan (X tons), South Korea (X tons) and Australia (X tons) were the main suppliers of zinc imports to Pakistan, together comprising 54% of total imports. Spain, Uzbekistan, Iran, Mexico, Belgium, Singapore, Turkey, Kazakhstan, the United States and the United Arab Emirates lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +44.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest zinc suppliers to Pakistan were South Korea ($X), Japan ($X) and Australia ($X), together comprising 46% of total imports. Kazakhstan, Spain, Uzbekistan, Belgium, Mexico, the United States, Singapore, Turkey, Iran and the United Arab Emirates lagged somewhat behind, together comprising a further 50%.

In terms of the main suppliers, Belgium, with a CAGR of +51.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average zinc import price amounted to $X per ton, increasing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.1%. The growth pace was the most rapid in 2014 an increase of 31% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for zinc, unwrought (not alloyed) in the world?

China constituted the country with the largest volume of zinc consumption, accounting for 42% of total volume. Moreover, zinc consumption in China exceeded the figures recorded by the second-largest consumer, India, eightfold. The third position in this ranking was occupied by the United States, with a 3.9% share.

What are the largest producers of zinc, unwrought (not alloyed) in the world?

The country with the largest volume of zinc production was China, accounting for 39% of total volume. Moreover, zinc production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. The third position in this ranking was occupied by Peru, with a 4% share.

What are the leading suppliers of zinc, unwrought (not alloyed) to Pakistan?

In value terms, the largest zinc suppliers to Pakistan were Kazakhstan, Australia and South Korea, together accounting for 45% of total imports. Iran, the United Arab Emirates, Mexico, Singapore and India lagged somewhat behind, together accounting for a further 36%.

What are the leading importers of zinc, unwrought (not alloyed) from Pakistan?

In value terms, Sri Lanka remains the key foreign market for zinc exports from Pakistan, comprising 92% of total exports. The second position in the ranking was occupied by India, with a 7.8% share of total exports.

What is the average export price for zinc, unwrought (not alloyed) in Pakistan?

In 2021, the average zinc export price amounted to $1,820 per ton, rising by 4.3% against the previous year.

What is the average import price for zinc, unwrought (not alloyed) in Pakistan?

The average zinc import price stood at $3,058 per ton in 2021, increasing by 26% against the previous year.

This report provides an in-depth analysis of the zinc market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24431230 - Unwrought non-alloy zinc (excluding zinc dust, powders and flakes)

Country coverage:

Pakistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Pakistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023