Price for Zinc; Bars, Rods, Profiles and Wire in Lithuania - 2023

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Lithuania (CIF) - 2022
  2. Price for Zinc; Bars, Rods, Profiles and Wire in Lithuania (FOB) - 2022
  3. Imports of Zinc; Bars, Rods, Profiles and Wire in Lithuania
  4. Exports of Zinc; Bars, Rods, Profiles and Wire in Lithuania

Price for Zinc; Bars, Rods, Profiles and Wire in Lithuania (CIF) - 2022

The average import price for zinc; bars, rods, profiles and wires stood at $2,735 per ton in 2022, falling by -1.7% against the previous year. Overall, the import price saw a slight decline. The pace of growth appeared the most rapid in 2020 when the average import price increased by 138%. The import price peaked at $3,184 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($5,499 per ton), while the price for Romania ($1,086 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Bars, Rods, Profiles and Wire in Lithuania (FOB) - 2022

The average export price for zinc; bars, rods, profiles and wires stood at $3,719 per ton in 2022, shrinking by -3.9% against the previous year. In general, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 123% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,429 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($9,292 per ton), while the average price for exports to Latvia ($2,967 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Bars, Rods, Profiles and Wire in Lithuania

In 2022, the amount of zinc; bars, rods, profiles and wires imported into Lithuania surged to 258 tons, picking up by 29% against the previous year. Over the period under review, imports showed strong growth. The pace of growth was the most pronounced in 2021 with an increase of 86%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of zinc; bars, rods, profiles and wires surged to $705K in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 146% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Zinc; Bars, Rods, Profiles and Wire in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland36.7164334482135.9%
Sweden65.8N/A73.413727.7%
Italy12.230.728.440.849.5%
Latvia12.72.23.99.8-8.3%
RomaniaN/AN/A1.58.6473.3%
Germany5.820.871.16.85.4%
Spain12.9N/AN/AN/A0%
Others13.48.143.319.914.1%
Total16022655670563.9%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Lithuania in 2022:

  1. Poland (179.1 tons)
  2. Sweden (51.5 tons)
  3. Italy (10.2 tons)
  4. Romania (7.9 tons)
  5. Latvia (4.3 tons)
  6. Germany (0.7 tons)

Exports of Zinc; Bars, Rods, Profiles and Wire in Lithuania

In 2022, shipments abroad of zinc; bars, rods, profiles and wires decreased by -46.5% to 14 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 130% against the previous year. As a result, the exports reached the peak of 32 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of zinc; bars, rods, profiles and wires contracted rapidly to $53K in 2022. Over the period under review, exports, however, recorded a mild expansion. The pace of growth was the most pronounced in 2020 with an increase of 85%.

Export of Zinc; Bars, Rods, Profiles and Wire in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia29.025.626.036.68.1%
Ireland1.41.46.07.071.0%
MaltaN/AN/A3.33.1-6.1%
Spain1.45.72.81.64.6%
Germany0.97.011.20.90.0%
Russia2.950.2N/AN/A1631.0%
Norway3.22.77.3N/A51.0%
Sweden7.10.54.3N/A-22.2%
FinlandN/AN/A38.8N/A0%
Others4.40.12.93.6-6.5%
Total50.293.010352.81.7%

Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Lithuania in 2022:

  1. Latvia (12.3 tons)
  2. Ireland (0.7 tons)
  3. Malta (0.4 tons)
  4. Spain (0.3 tons)
  5. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform

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