Price for Zinc; Bars, Rods, Profiles and Wire in Italy - 2023
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in Italy (CIF) - 2023
- Imports of Zinc; Bars, Rods, Profiles and Wire in Italy
Price for Zinc; Bars, Rods, Profiles and Wire in Italy (CIF) - 2023
In October 2023, the average import price for zinc; bars, rods, profiles and wires amounted to $4,589 per ton, waning by -25.3% against the previous month. Over the period under review, the import price saw a mild curtailment. The pace of growth appeared the most rapid in September 2023 an increase of 46% month-to-month. The import price peaked at $6,804 per ton in January 2023; however, from February 2023 to October 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From December 2022 to October 2023, the rate of growth in terms of prices for Poland amounted to +8.5% per month.
Imports of Zinc; Bars, Rods, Profiles and Wire in Italy
In 2022, purchases abroad of zinc; bars, rods, profiles and wires decreased by -65.2% to 1.4K tons, falling for the second consecutive year after two years of growth. Overall, imports faced a significant contraction. The pace of growth was the most pronounced in 2020 when imports increased by 39%. As a result, imports attained the peak of 5K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of zinc; bars, rods, profiles and wires declined sharply to $6.2M in 2022. Over the period under review, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 22%. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Zinc; Bars, Rods, Profiles and Wire in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 5.0 | 8.3 | 7.0 | 2.1 | -25.1% |
| Poland | 0.6 | 0.9 | 0.8 | 1.7 | 41.5% |
| Germany | 1.7 | 1.4 | 2.0 | 1.3 | -8.6% |
| Finland | 0.2 | 0.3 | 0.5 | 0.5 | 35.7% |
| Czech Republic | 0.2 | 0.3 | 0.4 | 0.2 | 0.0% |
| Netherlands | 2.7 | 1.6 | 1.8 | N/A | -18.4% |
| Others | 0.3 | 0.2 | 0.3 | 0.5 | 18.6% |
| Total | 10.7 | 13.0 | 12.7 | 6.2 | -16.6% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Italy in 2022:
- Belgium (453.9 tons)
- Poland (423.8 tons)
- Germany (231.9 tons)
- Finland (109.5 tons)
- Czech Republic (84.8 tons)
- Netherlands (0.2 tons)
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