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

Contents:

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

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

The average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $3,796 per ton in 2022, increasing by 22% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.2% 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 less than 99.99% of zincs increased by +50.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 54%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($4,441 per ton), while the price for Belgium stood at $3,791 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.5%), 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 Portugal (FOB) - 2022

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $2,805 per ton in 2022, growing by 18% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 less than 99.99% of zincs increased by +39.7% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 84% against the previous year. As a result, the export price reached the peak level of $3,414 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($7,225 per ton), while the average price for exports to Spain ($2,787 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 (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs into Portugal dropped slightly to 321 tons in 2022, therefore, remained relatively stable against 2021. Over the period under review, imports saw a precipitous decrease.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs surged to $1.2M in 2022. In general, imports saw a significant decrease.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.1N/A1.01.2128.9%
Peru8.41.4N/AN/A-83.3%
OthersN/AN/AN/AN/A0%
Total8.51.41.01.2-47.9%

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

  1. Belgium (319.4 tons)

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

For the fourth consecutive year, Portugal recorded growth in overseas shipments of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs, which increased by 44% to 411 tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 5,034%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs soared to $1.2M in 2022. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 4,327% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/A1995761,133138.6%
AngolaN/AN/A1010.3-99.7%
Others4.812.61.218.957.9%
Total4.82126781,152521.4%

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

  1. Spain (406.5 tons)
  2. Angola (0.1 tons)

Source: IndexBox Market Intelligence Platform

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