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

Contents:

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

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

In 2022, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $3,819 per ton, rising by 16% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.0% 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 less than 99.99% of zincs increased by +44.4% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 85% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($5,604 per ton), while the price for Finland stood at $3,816 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+43.8%), 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 Latvia (FOB) - 2022

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $3,475 per ton in 2022, growing by 74% against the previous year. Over the period under review, the export price recorded a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +18.5% per year.

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

Imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs into Latvia amounted to 1.1K tons in 2022, with an increase of 1.6% compared with the previous year. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 72%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs soared to $4.2M in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 115%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Latvia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland1.81.33.34.232.6%
PolandN/A0.2N/AN/A0%
SwedenN/A0.30.3N/A0.0%
OthersN/AN/AN/AN/A0%
Total1.81.73.64.232.6%

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

  1. Finland (1107.3 tons)
  2. Sweden (2.1 tons)

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

Exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs from Latvia surged to 598 kg in 2022, picking up by 59,700% compared with the previous year's figure. In general, exports showed a significant expansion.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs skyrocketed to $2.1K in 2022. Overall, exports continue to indicate a significant expansion.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.2N/AN/A2.1119.0%
IndiaN/A19.3N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.219.4N/A2.1119.0%

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

  1. Netherlands (598.0 kg)

Source: IndexBox Market Intelligence Platform

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