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

Contents:

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

Price for Zinc; Plates, Sheets, Strip and Foil in Lithuania (CIF) - 2022

In 2022, the average import price for zinc; plates, sheets, strip and foils amounted to $2,433 per ton, dropping by -28.6% against the previous year. Overall, the import price, however, recorded mild growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 208%. The import price peaked at $5,708 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($8,514 per ton), while the price for Finland ($1,124 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for zinc; plates, sheets, strip and foils stood at $5,452 per ton in 2022, increasing by 12% against the previous year. In general, the export price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2019 an increase of 131% against the previous year. The export price peaked at $6,333 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($7,844 per ton), while the average price for exports to Latvia ($3,435 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 Russia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of zinc; plates, sheets, strip and foils were finally on the rise to reach 233 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of zinc; plates, sheets, strip and foils surged to $576K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Poland (180.3 tons)
2. Finland (24.7 tons)
3. Netherlands (23.5 tons)
4. Sweden (1.8 tons)

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

Exports of zinc; plates, sheets, strip and foils from Lithuania surged to 46 tons in 2022, increasing by 37% on the year before. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 83% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of zinc; plates, sheets, strip and foils soared to $249K in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 170% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

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

1. Turkey (26.1 tons)
2. Russia (12.3 tons)
3. Latvia (4.5 tons)
4. Spain (1.3 tons)
5. Netherlands (0.8 tons)
6. Belarus (0.5 tons)

Source: IndexBox Market Intelligence Platform