Price for Zinc; Bars, Rods, Profiles and Wire in Latvia - 2023
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in Latvia (CIF) - 2022
- Price for Zinc; Bars, Rods, Profiles and Wire in Latvia (FOB) - 2022
- Imports of Zinc; Bars, Rods, Profiles and Wire in Latvia
- Exports of Zinc; Bars, Rods, Profiles and Wire in Latvia
Price for Zinc; Bars, Rods, Profiles and Wire in Latvia (CIF) - 2022
In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $5,770 per ton, picking up by 23% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.2% 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 increased by +42.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 24% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,043 per ton), while the price for Poland ($3,644 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Zinc; Bars, Rods, Profiles and Wire in Latvia (FOB) - 2022
In 2022, the average export price for zinc; bars, rods, profiles and wires amounted to $2,105 per ton, dropping by -35% against the previous year. Over the period under review, the export price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2016 an increase of 173%. The export price peaked at $5,256 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($3,021 per ton), while the average price for exports to Estonia ($1,740 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+16.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Zinc; Bars, Rods, Profiles and Wire in Latvia
In 2022, overseas purchases of zinc; bars, rods, profiles and wires decreased by -58.6% to 21 tons, falling for the second year in a row after two years of growth. In general, imports recorded a precipitous slump. The pace of growth was the most pronounced in 2020 with an increase of 47%. As a result, imports attained the peak of 70 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 fell markedly to $124K in 2022. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 37% against the previous year. As a result, imports attained the peak of $283K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Zinc; Bars, Rods, Profiles and Wire in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 19.7 | 54.0 | 64.9 | 159.8% |
| Belgium | 61.1 | 175 | 99.0 | 37.4 | -15.1% |
| Lithuania | 19.3 | 40.2 | 11.8 | 16.9 | -4.3% |
| Poland | 54.0 | 41.4 | 7.9 | 4.6 | -56.0% |
| United Kingdom | N/A | N/A | 59.4 | N/A | 0% |
| Denmark | 65.8 | N/A | N/A | N/A | 0% |
| Estonia | N/A | 6.3 | 11.9 | N/A | 88.9% |
| Others | 2.8 | N/A | N/A | N/A | 0% |
| Total | 207 | 283 | 244 | 124 | -15.7% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Latvia in 2022:
- Germany (10.7 tons)
- Belgium (6.3 tons)
- Lithuania (3.2 tons)
- Poland (1.3 tons)
Exports of Zinc; Bars, Rods, Profiles and Wire in Latvia
In 2022, overseas shipments of zinc; bars, rods, profiles and wires decreased by -20.8% to 4.3 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 333%.
In value terms, exports of zinc; bars, rods, profiles and wires dropped notably to $9K in 2022. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 1,058% against the previous year.
| Export of Zinc; Bars, Rods, Profiles and Wire in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | N/A | N/A | N/A | 4.0 | 0% |
| Netherlands | N/A | N/A | N/A | 2.3 | 0% |
| France | 0.1 | 0.1 | 0.3 | 2.1 | 175.9% |
| Sweden | N/A | 0.2 | 0.9 | 0.4 | 41.4% |
| Spain | N/A | 11.5 | N/A | N/A | 0% |
| Norway | N/A | 2.7 | N/A | N/A | 0% |
| Germany | N/A | N/A | 16.2 | N/A | 0% |
| Finland | 1.1 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Total | 1.3 | 14.5 | 17.4 | 9.0 | 90.6% |
Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Latvia in 2022:
- Estonia (2286.0 kg)
- Netherlands (1027.0 kg)
- France (711.0 kg)
- Sweden (199.0 kg)
1236
In value terms, zinc bars, rods, profiles and wire imports amounted to $X in 2016. Overall, zinc bars, rods, profiles and wire imports continue to indicate a drastic decline. Over the period under ...
644
In value terms, zinc plates, sheets, strip and foil imports totaled $X in 2016. Overall, zinc plates, sheets, strip and foil imports continue to indicate a perceptible shrinkage. Global zinc plates...
1452
In value terms, zinc bars, rods, profiles and wire exports amounted to $X in 2016. Overall, zinc bars, rods, profiles and wire exports continue to indicate a deep decrease. Global zinc bars, rods, ...
733
In value terms, zinc plates, sheets, strip and foil exports totaled $X in 2016. In general, zinc plates, sheets, strip and foil exports continue to indicate a pronounced deduction. Global zinc plat...
