Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Belgium - 2023

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Belgium (CIF) - 2022
  2. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Belgium (FOB) - 2023
  3. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Belgium
  4. Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Belgium

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Belgium (CIF) - 2022

In 2022, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $3,758 per ton, rising by 25% against the previous year. In general, the import price saw prominent growth. The growth pace was the most rapid in 2017 an increase of 38% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($4,155 per ton) and Luxembourg ($3,957 per ton), while the price for Mexico ($3,384 per ton) and Italy ($3,547 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Belgium (FOB) - 2023

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $2,835 per ton in December 2023, reducing by -5.2% against the previous month. Over the period under review, the export price recorded a slight reduction. The growth pace was the most rapid in October 2023 when the average export price increased by 8.7% month-to-month. The export price peaked at $3,782 per ton in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In December 2023, the highest price was recorded for prices to the Netherlands ($3,087 per ton) and Ukraine ($3,080 per ton), while the average price for exports to Poland ($2,417 per ton) and Turkey ($2,647 per ton) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+1.4%), while the prices for the other major destinations experienced a decline.

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

Imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs into Belgium expanded notably to 72K tons in 2022, increasing by 6.9% on 2021. The total import volume increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 41%. As a result, imports attained the peak of 73K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs soared to $271M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru0.553.376.496.9478.7%
Netherlands36.27.988.342.45.4%
Germany1.31.010.126.6173.5%
Finland4.31.33.825.681.2%
France25.457.88.023.3-2.8%
Spain9.911.90.223.032.4%
ItalyN/AN/A0.59.71840.0%
Mexico43.627.79.65.6-49.5%
Others18.35.25.218.0-0.5%
Total14016620227124.6%

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

  1. Peru (26.2K tons)
  2. Netherlands (11.4K tons)
  3. Germany (6.8K tons)
  4. Finland (6.6K tons)
  5. France (6.2K tons)
  6. Spain (5.5K tons)
  7. Italy (2.7K tons)
  8. Mexico (1.6K tons)

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

After three years of growth, overseas shipments of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by -9.5% to 47K tons in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 59% against the previous year. As a result, the exports reached the peak of 52K tons, and then dropped in the following year.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs expanded rapidly to $179M in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 100% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France8.915.042.161.390.3%
Italy36.631.349.952.612.8%
Germany8.08.611.814.923.0%
TurkeyN/A2.218.012.8141.2%
Netherlands8.313.616.812.113.4%
IsraelN/AN/A6.210.162.9%
ThailandN/A0.30.93.7251.2%
Austria1.13.43.70.4-28.6%
Others2.93.36.510.955.5%
Total65.877.715617939.6%

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

  1. France (16.4K tons)
  2. Italy (14.3K tons)
  3. Germany (4.2K tons)
  4. Netherlands (3.3K tons)
  5. Israel (2.6K tons)
  6. Turkey (2.1K tons)
  7. Thailand (1.0K tons)
  8. Austria (0.1K tons)

Source: IndexBox Market Intelligence Platform

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