Price for Zinc; Bars, Rods, Profiles and Wire in Switzerland - 2024

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Switzerland (CIF) - 2022
  2. Price for Zinc; Bars, Rods, Profiles and Wire in Switzerland (FOB) - 2022
  3. Imports of Zinc; Bars, Rods, Profiles and Wire in Switzerland
  4. Exports of Zinc; Bars, Rods, Profiles and Wire in Switzerland

Price for Zinc; Bars, Rods, Profiles and Wire in Switzerland (CIF) - 2022

The average import price for zinc; bars, rods, profiles and wires stood at $5,238 per ton in 2022, increasing by 15% against the previous year. Over the period under review, the import price saw a tangible expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 105%. Over the period under review, average import prices hit record highs at $5,713 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($17,175 per ton), while the price for Italy ($3,834 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Bars, Rods, Profiles and Wire in Switzerland (FOB) - 2022

In 2022, the average export price for zinc; bars, rods, profiles and wires amounted to $6,991 per ton, jumping by 24% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 35% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

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 Italy ($60,545 per ton), while the average price for exports to India ($4,059 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 Italy (+38.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Bars, Rods, Profiles and Wire in Switzerland

In 2022, overseas purchases of zinc; bars, rods, profiles and wires were finally on the rise to reach 116 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a precipitous decrease.

In value terms, imports of zinc; bars, rods, profiles and wires soared to $609K in 2022. Overall, imports, however, continue to indicate a sharp downturn.

Import of Zinc; Bars, Rods, Profiles and Wire in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany204148172178-4.4%
Belgium12797.41451403.3%
Italy62.648.536.613228.2%
Slovenia10.26.1N/A38.455.6%
United Kingdom7.13.6N/A21.344.2%
China18518.910.514.8-56.9%
Finland57.840.99.614.2-37.4%
Poland43720.523.49.6-72.0%
Others10980.319.661.0-17.6%
Total1,200464417609-20.2%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Switzerland in 2022:

  1. Germany (35.2 tons)
  2. Italy (34.5 tons)
  3. Belgium (25.5 tons)
  4. Slovenia (8.9 tons)
  5. Finland (2.9 tons)
  6. Poland (2.0 tons)
  7. United Kingdom (2.0 tons)
  8. China (1.6 tons)

Exports of Zinc; Bars, Rods, Profiles and Wire in Switzerland

In 2022, exports of zinc; bars, rods, profiles and wires from Switzerland declined significantly to 1.6 tons, dropping by -81.1% compared with 2021. Overall, exports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. As a result, the exports reached the peak of 8.7 tons, and then reduced remarkably in the following year.

In value terms, exports of zinc; bars, rods, profiles and wires dropped dramatically to $11K in 2022. In general, exports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 29%. As a result, the exports reached the peak of $49K, and then plummeted in the following year.

Export of Zinc; Bars, Rods, Profiles and Wire in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India9.84.113.55.1-19.6%
Italy1.12.42.82.734.9%
PolandN/A1.1N/A0.8-14.7%
Hong Kong SAR13.14.816.30.8-60.6%
DenmarkN/AN/AN/A0.50%
Germany7.017.86.50.1-75.7%
SloveniaN/A2.6N/AN/A0%
France14.10.1N/AN/A-99.3%
Others0.95.19.81.518.6%
Total46.038.048.811.4-37.2%

Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Switzerland in 2022:

  1. India (1255.0 kg)
  2. Hong Kong SAR (203.0 kg)
  3. Denmark (61.0 kg)
  4. Italy (44.0 kg)
  5. Poland (40.0 kg)
  6. Germany (6.0 kg)

Source: IndexBox Market Intelligence Platform

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