Price for Zinc; Plates, Sheets, Strip and Foil in Denmark - 2023

Contents:

1. Price for Zinc; Plates, Sheets, Strip and Foil in Denmark (CIF) - 2023
2. Price for Zinc; Plates, Sheets, Strip and Foil in Denmark (FOB) - 2022
3. Imports of Zinc; Plates, Sheets, Strip and Foil in Denmark
4. Exports of Zinc; Plates, Sheets, Strip and Foil in Denmark

Price for Zinc; Plates, Sheets, Strip and Foil in Denmark (CIF) - 2023

In October 2023, the average import price for zinc; plates, sheets, strip and foils amounted to $4,244 per ton, approximately equating the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 7.6% m-o-m. The import price peaked at $4,986 per ton in May 2023; however, from June 2023 to October 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Spain ($5,804 per ton), while the price for France ($4,127 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Zinc; Plates, Sheets, Strip and Foil in Denmark (FOB) - 2022

The average export price for zinc; plates, sheets, strip and foils stood at $1,868 per ton in 2022, increasing by 7.9% against the previous year. Overall, the export price, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 50%. The export price peaked at $4,631 per ton in 2018; however, from 2019 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 Sweden ($18,937 per ton), while the average price for exports to Norway ($1,512 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 (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Plates, Sheets, Strip and Foil in Denmark

In 2022, purchases abroad of zinc; plates, sheets, strip and foils decreased by -17.3% to 3.7K tons, falling for the second year in a row after two years of growth. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 32% against the previous year. As a result, imports reached the peak of 4.9K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of zinc; plates, sheets, strip and foils reached $19M in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to Denmark in 2022:

1. France (2288.4 tons)
2. Germany (1136.9 tons)
3. Spain (157.0 tons)
4. Luxembourg (74.5 tons)

Exports of Zinc; Plates, Sheets, Strip and Foil in Denmark

In 2022, approx. 295 tons of zinc; plates, sheets, strip and foils were exported from Denmark; with an increase of 6.6% compared with the previous year's figure. In general, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 162%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of zinc; plates, sheets, strip and foils fell sharply to $551K in 2022. Overall, exports, however, faced a deep slump. The growth pace was the most rapid in 2021 when exports increased by 127% against the previous year.

Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from Denmark in 2022:

1. Norway (273.2 tons)
2. Germany (19.8 tons)
3. Iceland (0.2 tons)

Source: IndexBox Market Intelligence Platform