Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Belgium - 2024

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Belgium (FOB) - 2024
  2. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Belgium (CIF) - 2024
  3. Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Belgium
  4. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Belgium

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Belgium (FOB) - 2024

The average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $2,586 per ton in February 2024, waning by -12.4% against the previous month. Over the period under review, the export price recorded a pronounced decrease. The pace of growth was the most pronounced in September 2023 an increase of 8.9% m-o-m. The export price peaked at $3,651 per ton in February 2023; however, from March 2023 to February 2024, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In February 2024, the countries with the highest prices were Morocco ($2,802 per ton) and Egypt ($2,717 per ton), while the average price for exports to Turkey ($2,436 per ton) and the United Arab Emirates ($2,479 per ton) were amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Belgium (CIF) - 2024

The average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $3,505 per ton in February 2024, increasing by 21% against the previous month. Overall, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In February 2024, the country with the highest price was Mexico ($3,915 per ton), while the price for Japan ($2,782 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Mexico (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Belgium

In 2022, shipments abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs decreased by -4.9% to 288K tons, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 2,944% against the previous year. As a result, the exports reached the peak of 338K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs reached $1.1B in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,535%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.5156226304280.9%
Italy3.1120187204303.7%
France4.158.876.7167244.1%
Netherlands6.7130108146179.3%
Austria1.039.463.973.5318.9%
Spain0.530.834.536.9319.5%
Poland0.115.723.420.4488.7%
SwedenN/A16.126.717.64.6%
Turkey0.329.110.30.2-12.6%
United StatesN/A47.30.1N/A-99.8%
Others9.2160219123137.3%
Total30.58039771,092229.6%

Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc from Belgium in 2022:

  1. Germany (79.4K tons)
  2. Italy (54.2K tons)
  3. France (44.6K tons)
  4. Netherlands (40.1K tons)
  5. Austria (18.8K tons)
  6. Spain (10.0K tons)
  7. Poland (5.4K tons)
  8. Sweden (4.6K tons)
  9. Turkey (0.1K tons)

Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Belgium

In 2022, after three years of growth, there was significant decline in purchases abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs, when their volume decreased by -9.8% to 174K tons. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 159% against the previous year.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs expanded remarkably to $559M in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 128% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands58.317620622657.1%
IndiaN/AN/AN/A95.40%
France62.918018985.010.6%
Finland2.41.728.851.1177.2%
Mexico1.011.920.227.9203.3%
PeruN/A3.34.924.9174.7%
Spain19.719.334.915.7-7.3%
Germany18.66.67.614.8-7.3%
Others25.831.227.818.4-10.7%
Total18943051955943.5%

Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc to Belgium in 2022:

  1. Netherlands (68.9K tons)
  2. France (31.3K tons)
  3. India (26.9K tons)
  4. Finland (20.1K tons)
  5. Mexico (7.8K tons)
  6. Peru (6.6K tons)
  7. Germany (3.9K tons)
  8. Spain (3.9K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zinc - Belgium