South-Eastern Asia: Unwrought Zinc Alloys Market 2025

Unwrought Zinc Alloys Market Size in South-Eastern Asia

In 2022, the Southeast Asian unwrought zinc alloys market increased by 2.8% to $X, rising for the second year in a row after two years of decline. The total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +8.1% against 2020 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Unwrought Zinc Alloys Production in South-Eastern Asia

In value terms, unwrought zinc alloys production shrank modestly to $X in 2022 estimated in export price. The total production indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.1% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 19%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Unwrought Zinc Alloys Exports

Exports in South-Eastern Asia

Unwrought zinc alloys exports expanded notably to X tons in 2022, growing by 13% on the previous year's figure. Overall, exports, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 69%. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, unwrought zinc alloys exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by 90%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Thailand (X tons) represented the key exporter of unwrought zinc alloys, making up 60% of total exports. Malaysia (X tons) held the second position in the ranking, followed by Vietnam (X tons), the Philippines (X tons) and Singapore (X tons). All these countries together held near 38% share of total exports.

Exports from Thailand decreased at an average annual rate of -4.8% from 2012 to 2022. At the same time, the Philippines (+68.2%), Malaysia (+20.9%) and Vietnam (+5.6%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +68.2% from 2012-2022. By contrast, Singapore (-4.5%) illustrated a downward trend over the same period. Malaysia (+12 p.p.), the Philippines (+6.9 p.p.) and Vietnam (+6.2 p.p.) significantly strengthened its position in terms of the total exports, while Singapore and Thailand saw its share reduced by -1.7% and -23.7% from 2012 to 2022, respectively.

In value terms, Thailand ($X) remains the largest unwrought zinc alloys supplier in South-Eastern Asia, comprising 63% of total exports. The second position in the ranking was held by Malaysia ($X), with a 13% share of total exports. It was followed by Vietnam, with an 11% share.

From 2012 to 2022, the average annual growth rate of value in Thailand totaled -2.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+20.0% per year) and Vietnam (+9.6% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, increasing by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2015 when the export price increased by 23% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.8%), while the other leaders experienced mixed trends in the export price figures.

Unwrought Zinc Alloys Imports

Imports in South-Eastern Asia

In 2022, purchases abroad of unwrought zinc alloys was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by 32%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, unwrought zinc alloys imports expanded significantly to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.3% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by 44% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Vietnam (X tons), distantly followed by Thailand (X tons), Malaysia (X tons), Indonesia (X tons) and Singapore (X tons) were the largest importers of unwrought zinc alloys, together generating 98% of total imports. The Philippines (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +14.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Thailand ($X) and Indonesia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 75% share of total imports.

Among the main importing countries, Thailand, with a CAGR of +18.4%, saw the highest growth rate of 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 import price in South-Eastern Asia amounted to $X per ton, rising by 4.8% against the previous year. Import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought zinc alloys import price increased by +30.1% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 28%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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