Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in the UK - 2024

Contents:

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

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in the UK (CIF) - 2024

In December 2023, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $2,732 per ton, dropping by -3.2% against the previous month. In general, the import price recorded a slight decline. The most prominent rate of growth was recorded in February 2023 an increase of 5.7% against the previous month. As a result, import price attained the peak level of $3,514 per ton. From March 2023 to December 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From January 2023 to December 2023, the rate of growth in terms of prices for Norway amounted to -1.8% per month.

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

In 2022, the average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $3,421 per ton, falling by -51.8% against the previous year. Overall, the export price, however, posted temperate growth. The pace of growth was the most pronounced in 2018 an increase of 156%. As a result, the export price reached the peak level of $20,800 per ton. From 2019 to 2022, the average export prices remained 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 Poland ($10,529 per ton), while the average price for exports to India ($2,568 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 (+47.6%), 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 the UK

In 2022, the amount of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs imported into the UK declined to 33K tons, reducing by -5.6% compared with the previous year. In general, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 56%. As a result, imports attained the peak of 35K tons, and then declined in the following year.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs rose markedly to $120M in 2022. Overall, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 89%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway72.050.998.311617.2%
FinlandN/AN/A2.32.44.3%
Germany2.62.06.0N/A51.9%
Others5.33.70.31.4-35.8%
Total79.956.610712014.5%

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

  1. Norway (32.0K tons)
  2. Finland (0.7K tons)

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

In 2022, the amount of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs exported from the UK surged to 89 tons, with an increase of 6,969% on the year before. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs surged to $306K in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LuxembourgN/AN/AN/A1140%
Belgium1.41.7N/A84.0291.5%
IndiaN/AN/AN/A61.90%
Saudi ArabiaN/AN/AN/A24.70%
Germany1.34.29.02.219.2%
Others5.62.2N/A18.749.5%
Total8.38.19.0306232.8%

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

  1. Luxembourg (34.0 tons)
  2. Belgium (24.7 tons)
  3. India (24.1 tons)
  4. Saudi Arabia (5.1 tons)
  5. Germany (0.4 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 - United Kingdom