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

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Latvia (CIF) - 2024
  2. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Latvia (FOB) - 2022
  3. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Latvia
  4. Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Latvia

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

The average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $1,577 per ton in February 2024, waning by -47.1% against the previous month. Overall, the import price recorded a deep slump. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 4.7% m-o-m. Over the period under review, average import prices reached the maximum at $3,591 per ton in February 2023; however, from March 2023 to February 2024, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Finland.

From February 2023 to February 2024, the rate of growth in terms of prices for Poland amounted to -2.9% per month.

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Latvia (FOB) - 2022

The average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $3,180 per ton in 2022, picking up by 24% against the previous year. In general, the export price showed a resilient expansion. The growth pace was the most rapid in 2015 when the average export price increased by 89% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($3,430 per ton), while the average price for exports to France totaled $3,026 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs into Latvia dropped to 1.4K tons in 2022, which is down by -12.2% against 2021. Over the period under review, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 0.9% against the previous year.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs expanded modestly to $5.3M in 2022. In general, imports, however, saw a slight increase. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Latvia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland2.40.93.35.330.2%
France0.10.30.3N/A73.2%
Sweden2.62.91.5N/A-24.0%
OthersN/A0.10.10.10.0%
Total5.24.25.25.30.6%

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

  1. Finland (1401.9 tons)

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

In 2022, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs from Latvia fell markedly to 38 tons, which is down by -67.3% on the previous year's figure. In general, exports faced a sharp curtailment.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs shrank dramatically to $122K in 2022. Overall, exports continue to indicate a sharp decline.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Latvia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
France22871.9-68.5%
LithuaniaN/A50.10%
Uganda71.8N/A0%
OthersN/AN/A0%
Total300122-59.3%

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

  1. France (23.7 tons)
  2. Lithuania (14.6 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 - Latvia