Europe: Zinc Market 2024

Zinc Market Size in Europe

In 2022, the Europe zinc market increased by X% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Zinc Production in Europe

In value terms, zinc production expanded significantly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Zinc Exports

Exports in Europe

After three years of growth, shipments abroad of unwrought zinc decreased by X% to X tons in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, zinc exports expanded markedly to $X in 2022. Over the period under review, exports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

The shipments of the five major exporters of unwrought zinc, namely the Netherlands, Belgium, Finland, Spain and Norway, represented more than two-thirds of total export. It was distantly followed by Poland (X tons), achieving a X% share of total exports. The following exporters - Germany (X tons) and Bulgaria (X tons) - each amounted to a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Finland ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, increasing by X% against the previous year. Export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Germany ($X per ton) and Bulgaria ($X per ton), while Spain ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Zinc Imports

Imports in Europe

Zinc imports expanded to X tons in 2022, growing by X% compared with 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, zinc imports surged to $X in 2022. Total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Germany (X tons), Belgium (X tons) and Italy (X tons) represented roughly X% of total imports in 2022. France (X tons) held the next position in the ranking, followed by the UK (X tons). All these countries together held near X% share of total imports. Austria (X tons), Russia (X tons), Slovakia (X tons) and Poland (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest zinc importing markets in Europe were Germany ($X), the Netherlands ($X) and Belgium ($X), with a combined X% share of total imports. Italy, France, the UK, Austria, Russia, Slovakia and Poland lagged somewhat behind, together comprising a further X%.

Russia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc import price increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Germany ($X per ton) and Austria ($X per ton), while the Netherlands ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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