France: Zinc Market 2024

Zinc Market Size in France

The French zinc market skyrocketed to $X in 2021, picking up by 124% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a perceptible expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Zinc Exports

Exports from France

In 2021, approx. X tons of zinc were exported from France; declining by -6.2% on the previous year's figure. Over the period under review, total exports indicated a slight expansion from 2012 to 2021: its volume increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +43.8% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of 60% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, zinc exports declined modestly to $X in 2021. In general, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +35.1% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 71%. Over the period under review, the exports attained the maximum at $X in 2020, and then declined modestly in the following year.

Exports by Country

Belgium (X tons) was the main destination for zinc exports from France, accounting for a 79% share of total exports. Moreover, zinc exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X tons), ninefold. The third position in this ranking was taken by Italy (X tons), with a 4% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+37.1% per year) and Italy (+1.7% per year).

In value terms, Belgium ($X) remains the key foreign market for zinc exports from France, comprising 76% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 7.2% share of total exports. It was followed by Germany, with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium amounted to +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+38.7% per year) and Germany (+39.6% per year).

Export Prices by Country

In 2021, the average zinc export price amounted to $X per ton, rising by 6.3% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, zinc export price decreased by -16.7% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of 26%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Imports

Imports into France

In 2021, the amount of zinc imported into France soared to X tons, increasing by 26% against the previous year's figure. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, zinc imports soared to $X in 2021. Over the period under review, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest zinc supplier to France, accounting for a 49% share of total imports. Moreover, zinc imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+2.0% per year) and Spain (+9.5% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of zinc to France, comprising 48% of total imports. The second position in the ranking was taken by Belgium ($X), with a 19% share of total imports. It was followed by Spain, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+6.8% per year) and Spain (+13.7% per year).

Import Prices by Country

In 2021, the average zinc import price amounted to $X per ton, jumping by 22% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average import price increased by 36% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Peru ($X per ton) and Belgium ($X per ton), while the price for Germany ($X per ton) and Luxembourg ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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