Price for Zinc; Bars, Rods, Profiles and Wire in Lithuania - 2023
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in Lithuania (CIF) - 2022
- Price for Zinc; Bars, Rods, Profiles and Wire in Lithuania (FOB) - 2022
- Imports of Zinc; Bars, Rods, Profiles and Wire in Lithuania
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 36.7 | 164 | 334 | 482 | 135.9% |
Sweden | 65.8 | N/A | 73.4 | 137 | 27.7% |
Italy | 12.2 | 30.7 | 28.4 | 40.8 | 49.5% |
Latvia | 12.7 | 2.2 | 3.9 | 9.8 | -8.3% |
Romania | N/A | N/A | 1.5 | 8.6 | 473.3% |
Germany | 5.8 | 20.8 | 71.1 | 6.8 | 5.4% |
Spain | 12.9 | N/A | N/A | N/A | 0% |
Others | 13.4 | 8.1 | 43.3 | 19.9 | 14.1% |
Total | 160 | 226 | 556 | 705 | 63.9% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Lithuania in 2022:
- Poland (179.1 tons)
- Sweden (51.5 tons)
- Italy (10.2 tons)
- Romania (7.9 tons)
- Latvia (4.3 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 29.0 | 25.6 | 26.0 | 36.6 | 8.1% |
Ireland | 1.4 | 1.4 | 6.0 | 7.0 | 71.0% |
Malta | N/A | N/A | 3.3 | 3.1 | -6.1% |
Spain | 1.4 | 5.7 | 2.8 | 1.6 | 4.6% |
Germany | 0.9 | 7.0 | 11.2 | 0.9 | 0.0% |
Russia | 2.9 | 50.2 | N/A | N/A | 1631.0% |
Norway | 3.2 | 2.7 | 7.3 | N/A | 51.0% |
Sweden | 7.1 | 0.5 | 4.3 | N/A | -22.2% |
Finland | N/A | N/A | 38.8 | N/A | 0% |
Others | 4.4 | 0.1 | 2.9 | 3.6 | -6.5% |
Total | 50.2 | 93.0 | 103 | 52.8 | 1.7% |
Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Lithuania in 2022:
- Latvia (12.3 tons)
- Ireland (0.7 tons)
- Malta (0.4 tons)
- Spain (0.3 tons)
- Germany (0.1 tons)
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