Price for Zinc; Bars, Rods, Profiles and Wire in Belgium - 2023
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in Belgium (FOB) - 2023
- Price for Zinc; Bars, Rods, Profiles and Wire in Belgium (CIF) - 2022
- Exports of Zinc; Bars, Rods, Profiles and Wire in Belgium
- Imports of Zinc; Bars, Rods, Profiles and Wire in Belgium
Price for Zinc; Bars, Rods, Profiles and Wire in Belgium (FOB) - 2023
The average export price for zinc; bars, rods, profiles and wires stood at $5,048 per ton in November 2023, waning by -5.2% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 17% m-o-m. Over the period under review, the average export prices attained the maximum at $5,717 per ton in May 2023; however, from June 2023 to November 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In November 2023, the highest price was recorded for prices to Vietnam ($5,784 per ton) and Tunisia ($5,781 per ton), while the average price for exports to New Zealand ($4,274 per ton) and Switzerland ($4,640 per ton) were amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Zinc; Bars, Rods, Profiles and Wire in Belgium (CIF) - 2022
The average import price for zinc; bars, rods, profiles and wires stood at $5,260 per ton in 2022, increasing by 19% against the previous year. Overall, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 41% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($6,341 per ton) and the UK ($6,061 per ton), while the price for France ($4,557 per ton) and Germany ($5,211 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Zinc; Bars, Rods, Profiles and Wire in Belgium
In 2022, exports of zinc; bars, rods, profiles and wires from Belgium contracted to 7.7K tons, with a decrease of -12.3% compared with 2021. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 44%. As a result, the exports attained the peak of 8.7K tons, and then reduced in the following year.
In value terms, exports of zinc; bars, rods, profiles and wires rose notably to $39M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 58%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Zinc; Bars, Rods, Profiles and Wire in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 9.1 | 8.5 | 13.9 | 18.2 | 26.0% |
| Spain | 1.7 | 3.1 | 7.0 | 9.9 | 79.9% |
| Germany | 7.4 | 3.7 | 7.8 | 4.0 | -18.5% |
| Netherlands | 1.5 | 1.3 | 1.2 | 1.3 | -4.7% |
| New Zealand | N/A | 1.1 | 1.0 | 1.2 | 4.4% |
| Luxembourg | 0.5 | 0.5 | 0.6 | 1.1 | 30.1% |
| Denmark | 0.9 | 0.7 | 0.5 | 0.6 | -12.6% |
| Others | 3.0 | 3.5 | 3.2 | 2.9 | -1.1% |
| Total | 24.2 | 22.4 | 35.3 | 39.3 | 17.5% |
Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Belgium in 2022:
- France (3409.8 tons)
- Spain (1920.3 tons)
- Germany (948.2 tons)
- New Zealand (274.5 tons)
- Netherlands (246.3 tons)
- Luxembourg (209.4 tons)
- Denmark (116.7 tons)
Imports of Zinc; Bars, Rods, Profiles and Wire in Belgium
In 2022, approx. 1.6K tons of zinc; bars, rods, profiles and wires were imported into Belgium; growing by 17% on 2021 figures. Overall, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of zinc; bars, rods, profiles and wires soared to $8.6M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Zinc; Bars, Rods, Profiles and Wire in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.4 | 4.0 | 6.0 | 7.7 | 6.4% |
| United Kingdom | N/A | 1.2 | N/A | 0.6 | -29.3% |
| France | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.3 | 0.1 | 0.2 | 0.2 | -12.6% |
| Total | 6.7 | 5.4 | 6.2 | 8.6 | 8.7% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Belgium in 2022:
- Germany (1469.7 tons)
- United Kingdom (95.5 tons)
- France (26.4 tons)
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