Which Country Imports the Most Unwrought Zinc in the World?

IndexBox has just published a new report "World: Zinc, Unwrought (Not Alloyed) - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the global zinc imports totaled 9.7M tonnes, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when import increased by 5% year-to-year. In that year, global zinc imports attained its maximum volume of 9.9M tonnes. From 2015 to 2016, growth of global zinc imports failed to regain its strength.

In value terms, zinc imports totaled $11B in 2016. In general, zinc imports continue to indicate a measured descent. Over the period under review, global zinc imports reached its maximum level of $13B in 2007- however, from 2008 to 2016, it stood at a somewhat lower level.

Top Zinc Importing Countries in the World

1. USA (1,482.4 million USD)

2. China (1,083.6 million USD)

3. Germany (977.2 million USD)

4. Belgium (679.3 million USD)

5. Netherlands (531.6 million USD)

6. India (310.7 million USD)

7. South Korea (129.5 million USD)

8. Spain (26.0 million USD)

9. Australia (26.0 million USD)

10. Canada (18.0 million USD)

11. Kazakhstan (1.1 million USD)

12. Peru (0.7 million USD)

Zinc Imports By Country

The imports of the twelve major importers of zinc, namely the U.S., Canada, South Korea, China, Australia, India, Spain, Germany, Kazakhstan, Belgium, Peru, and the Netherlands, represented more than half of total import.

From 2007 to 2016, the most notable growth rate of zinc imports, among the main importing countries, was attained by China (+5.7% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($1.5B), China ($1.1B) and Germany ($977M) were the countries with the highest levels of imports in 2016, together comprising 33% of global imports. These countries were followed by Belgium, the Netherlands, India, South Korea, Spain, Australia, Canada, Kazakhstan and Peru, which together accounted for a further 16%.

Australia (+20.3% per year) recorded the highest growth rate of zinc imports, in terms of the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Zinc Import Prices By Country

In 2016, the average import price for zinc amounted to $1,090 per tonne, stabilizing at the previous year level. Overall, zinc import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2010, when it surged by 36% from the previous year level. Global zinc import peaked of $1,444 per tonne in 2007- however, from 2008 to 2016, it stood at a somewhat lower level.

Import prices varied noticeably by country of destination. the country with the highest import prices was the U.S. ($2,225 per tonne), while Peru ($2 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of zinc import prices was attained by Australia (+18.6% per year), while the other global leaders experienced mixed trends in the import price figures.

Do you want to know more about global zinc market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• zinc market share
• zinc prices
• zinc industry
• zinc sales
• zinc import
• zinc export
• zinc market forecast
• zinc price forecast
• key zinc producers

All data provided in this article covers the following product: HS Code 7901 - Zinc- unwrought.

Source: World: Zinc, Unwrought (Not Alloyed) - Market Report. Analysis and Forecast to 2025