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

Contents:

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

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

In February 2024, the average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $3,522 per ton, increasing by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 27% against the previous month. The import price peaked at $3,739 per ton in April 2023; however, from May 2023 to February 2024, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In February 2024, the country with the highest price was the Netherlands ($4,039 per ton), while the price for South Korea ($2,878 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 Spain (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $5,368 per ton in 2022, surging by 26% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs increased by +92.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 53% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($5,496 per ton), while the average price for exports to Angola ($4,162 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 France (+8.5%), 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 Portugal

For the fourth consecutive year, Portugal recorded growth in purchases abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs, which increased by 4.1% to 18K tons in 2022. The total import volume increased at an average annual rate of +13.3% over the period 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 30% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs skyrocketed to $70M in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 34%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain19.833.646.254.139.8%
GermanyN/A2.12.08.297.6%
Netherlands2.02.96.15.640.9%
Italy1.10.90.91.10.0%
Peru9.21.00.4N/A-79.1%
Others2.31.50.91.3-17.3%
Total34.542.156.570.326.8%

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

  1. Spain (14.0K tons)
  2. Germany (2.3K tons)
  3. Netherlands (1.4K tons)
  4. Italy (0.2K tons)

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

Exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs from Portugal skyrocketed to 427 tons in 2022, jumping by 30% on the year before. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 177%. As a result, the exports attained the peak of 1.2K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs soared to $2.3M in 2022. In general, exports recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 138% against the previous year. As a result, the exports reached the peak of $3.4M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,4169871,2452,11314.3%
AngolaN/A9.7134170318.6%
France12.02,38722.310.9-3.2%
OthersN/A8.8N/AN/A0%
Total1,4283,3931,4012,29417.1%

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

  1. Spain (384.4 tons)
  2. Angola (40.9 tons)
  3. France (2.0 tons)

Source: IndexBox Market Intelligence Platform

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