Which Country Imports the Most Zinc Ores and Concentrates in the World?

Uranium And Thorium Ores May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Which Country Imports the Most Zinc Ores and Concentrates in the World?

IndexBox has just published a new report "World: Zinc Ores And Concentrates - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the global imports of zinc ore stood at 10M tonnes, descending by -10.5% against the previous year level. Overall, zinc ore imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015, when imports increased by 6% against the previous year level. In that year, global zinc ore imports attained its maximum volume of 12M tonnes, falling back in the following year.

In value terms, zinc ore imports amounted to $7.4B in 2016. Overall, zinc ore imports continue to indicate a temperate decline. Over the period under review, global zinc ore imports attained its maximum level of $9.7B in 2007- however, from 2008 to 2016, it failed to regain its strength.

Top Zinc Ore Importing Countries in the World

1. South Korea (1,372.1 million USD)

2. China (1,289.6 million USD)

3. Spain (736.3 million USD)

4. Belgium (656.8 million USD)

5. Japan (623.6 million USD)

6. Canada (584.8 million USD)

7. Finland (396.3 million USD)

8. Australia (342.3 million USD)

9. Netherlands (320.6 million USD)

10. France (194.2 million USD)

11. Germany (174.3 million USD)

12. Brazil (158.1 million USD)

Zinc Ore Imports By Country

In 2016, China (2M tonnes), and South Korea (1.9M tonnes) represented the main importers of zinc ore in the globe, together resulting at near 38% of total imports. Belgium (977K tonnes) ranks second globally in zinc ore imports with a 9% share, following Spain (9%), Japan (9%), Finland (5%), the Netherlands (5%), and Australia (5%). Canada (414K tonnes), France (296K tonnes), Germany (284K tonnes), and Brazil (241K tonnes) took the minor share of total imports.

From 2007 to 2016, the most notable growth rate of zinc ore imports, among the main importing countries, was attained by Australia (+13.1% per year), while the other global leaders experienced more modest paces of growth.

In value terms, South Korea ($1.4B), China ($1.3B) and Spain ($736M) appeared as the countries with the highest levels of imports in 2016, together comprising 46% of global imports. These countries were followed by Belgium, Japan, Canada, Finland, Australia, the Netherlands, France, Germany and Brazil, which together accounted for a further 47%.

Australia (+8.4% per year) experienced the highest rates of growth with regard to the zinc ore imports, among the main importing countries, over the last 9 year period, while the other global leaders experienced a decline in the imports figures.

Zinc Ore Import Prices By Country

The average zinc ore import price stood at $716 per tonne in 2016, ascending by 6% against the previous year. Overall, zinc ore import price continues to indicate a noticeable drop. The pace of growth appeared the most rapid in 2010, an increase of 28% year-to-year. Over the period under review, average zinc ore import price attained its maximum level of $938 per tonne in 2007- however, from 2008 to 2016, it failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Canada ($1,412 per tonne), while Germany ($613 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of zinc ore import prices was attained by Spain (+3.4% per year), while the other global leaders experienced more modest paces of growth.

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

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

All data provided in this article covers the following product: HS Code 2608 - Zinc ores and concentrates.

Source: World: Zinc Ores And Concentrates - Market Report. Analysis and Forecast to 2025