Price for Zinc; Bars, Rods, Profiles and Wire in Ireland - 2023
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in Ireland (CIF) - 2022
- Price for Zinc; Bars, Rods, Profiles and Wire in Ireland (FOB) - 2022
- Imports of Zinc; Bars, Rods, Profiles and Wire in Ireland
- Exports of Zinc; Bars, Rods, Profiles and Wire in Ireland
Price for Zinc; Bars, Rods, Profiles and Wire in Ireland (CIF) - 2022
In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $6,568 per ton, surging by 13% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.4% 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; bars, rods, profiles and wires decreased by -2.2% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 56% against the previous year. Over the period under review, average import prices attained the peak figure at $6,715 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($9,734 per ton), while the price for the UK ($5,776 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Zinc; Bars, Rods, Profiles and Wire in Ireland (FOB) - 2022
The average export price for zinc; bars, rods, profiles and wires stood at $13,930 per ton in 2022, declining by -79% against the previous year. In general, the export price, however, posted a modest increase. The pace of growth was the most pronounced in 2017 an increase of 18%. The export price peaked at $66,455 per ton in 2021, and then contracted dramatically in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($36,222 per ton), while the average price for exports to the UK totaled $13,352 per ton.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+67.9%).
Imports of Zinc; Bars, Rods, Profiles and Wire in Ireland
In 2022, imports of zinc; bars, rods, profiles and wires into Ireland surged to 53 tons, jumping by 66% compared with the previous year. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 4,344% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of zinc; bars, rods, profiles and wires soared to $351K in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 3,756% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Zinc; Bars, Rods, Profiles and Wire in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 43.6 | 0.5 | 123 | 213 | 69.7% |
| United States | 1.1 | N/A | 5.9 | 88.9 | 332.4% |
| Germany | 0.9 | 3.0 | N/A | 16.7 | 164.7% |
| China | 2.5 | N/A | 5.4 | 15.1 | 82.1% |
| India | N/A | N/A | 3.4 | 14.1 | 314.7% |
| Others | 0.8 | 1.4 | 50.7 | 3.1 | 57.1% |
| Total | 49.0 | 4.9 | 188 | 351 | 92.8% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Ireland in 2022:
- United Kingdom (36.9 tons)
- United States (10.2 tons)
- Germany (2.7 tons)
- China (1.8 tons)
- India (1.4 tons)
Exports of Zinc; Bars, Rods, Profiles and Wire in Ireland
In 2022, exports of zinc; bars, rods, profiles and wires from Ireland skyrocketed to 356 kg, with an increase of 3,136% on the previous year. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of zinc; bars, rods, profiles and wires skyrocketed to $5K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Zinc; Bars, Rods, Profiles and Wire in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United Kingdom | 0.1 | 4.6 | 4500.0% | ||
| Netherlands | N/A | 0.3 | 0% | ||
| Others | 0.7 | N/A | 0% | ||
| Total | 0.7 | 5.0 | 614.3% | ||
Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Ireland in 2022:
- United Kingdom (347.0 kg)
- Netherlands (9.0 kg)
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