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

Contents:

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

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

The average export price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs stood at $3,085 per ton in 2022, increasing by 7.2% against the previous year. Overall, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 +32.3% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 25%. Over the period under review, the average export prices reached the maximum at $3,222 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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 Portugal ($3,678 per ton), while the average price for exports to Bulgaria ($1,480 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 Mexico (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs amounted to $3,469 per ton, growing by 18% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs increased by +48.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 38%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($3,828 per ton) and Mexico ($3,694 per ton), while the price for the United Arab Emirates ($2,761 per ton) and the Netherlands ($3,078 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third year in a row, Spain recorded decline in shipments abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs, which decreased by -11.6% to 217K tons in 2022. Over the period under review, exports recorded a abrupt downturn. The smallest decline of -11.3% was in 2021.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs declined to $669M in 2022. Overall, exports recorded a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 9.4%.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany75.066.312111013.6%
Netherlands34256.910391.2-35.6%
Italy32.147.251.479.335.2%
Turkey55.332.479.756.70.8%
Egypt32.436.541.545.612.1%
Portugal22.332.632.441.122.6%
Bulgaria12.36.18.237.144.5%
Poland59.520.026.036.2-15.3%
MexicoN/AN/AN/A35.70%
Belgium23.231.836.931.210.4%
CanadaN/AN/A3.921.8459.0%
United Kingdom46.117.223.420.3-23.9%
United States56.893.0N/A16.7-33.5%
Others31920517846.7-47.3%
Total1,076645706669-14.6%

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

  1. Germany (33.4K tons)
  2. Netherlands (29.7K tons)
  3. Bulgaria (25.1K tons)
  4. Italy (23.6K tons)
  5. Turkey (17.8K tons)
  6. Egypt (13.2K tons)
  7. Portugal (11.2K tons)
  8. Mexico (10.5K tons)
  9. Poland (10.3K tons)
  10. Belgium (8.7K tons)
  11. Canada (7.4K tons)
  12. United Kingdom (7.1K tons)
  13. United States (5.8K tons)

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

In 2022, purchases abroad of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs decreased by -36% to 19K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 112%. As a result, imports attained the peak of 30K tons, and then fell significantly in the following year.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight 99.99% or more of zincs fell dramatically to $67M in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 169% against the previous year. As a result, imports reached the peak of $89M, and then shrank notably in the following year.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight 99.99% or More of Zinc in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium7.521.236.332.162.4%
Netherlands2.11.99.912.179.3%
AustriaN/A0.13.76.1681.0%
Peru2.31.11.84.726.9%
United StatesN/AN/AN/A2.90%
Mexico9.01.510.92.1-38.4%
United Arab EmiratesN/AN/AN/A2.10%
Sweden0.11.41.72.1175.9%
Russia0.30.122.70.732.6%
Namibia4.8N/AN/AN/A0%
Italy1.15.1N/AN/A363.6%
Others1.00.71.92.026.0%
Total28.233.188.966.933.4%

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

  1. Belgium (8.9K tons)
  2. Netherlands (3.9K tons)
  3. Austria (1.7K tons)
  4. Peru (1.5K tons)
  5. United Arab Emirates (0.8K tons)
  6. United States (0.8K tons)
  7. Mexico (0.6K tons)
  8. Sweden (0.5K tons)
  9. Russia (0.2K tons)

Source: IndexBox Market Intelligence Platform

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