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

Contents:

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

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

In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $5,722 per ton, increasing by 15% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 56%. Over the period under review, average import prices reached the peak figure at $7,925 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($6,108 per ton), while the price for France ($4,835 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for zinc; bars, rods, profiles and wires stood at $7,077 per ton in 2022, dropping by -36% against the previous year. Overall, the export price saw a deep reduction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 97%. Over the period under review, the average export prices hit record highs at $19,795 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Italy ($28,096 per ton), while the average price for exports to Belgium ($5,312 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 Estonia (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 228 tons of zinc; bars, rods, profiles and wires were imported into Luxembourg; increasing by 16% on the previous year's figure. The total import volume increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained 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 $1.3M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.

Import of Zinc; Bars, Rods, Profiles and Wire in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5054827201,11230.1%
Germany87.815725219430.2%
United Kingdom637694N/AN/A8.9%
Others15.928.83.80.9-61.6%
Total1,2461,3629761,3071.6%

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

  1. Belgium (196.5 tons)
  2. Germany (31.8 tons)

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

In 2022, shipments abroad of zinc; bars, rods, profiles and wires decreased by -17.5% to 71 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 36% against the previous year. As a result, the exports attained the peak of 108 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of zinc; bars, rods, profiles and wires reduced notably to $500K in 2022. In general, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 25%. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Zinc; Bars, Rods, Profiles and Wire in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland73.394.411820841.6%
Belgium12165.080.9113-2.3%
Estonia79.992.75.71069.9%
France80.984.019937.6-22.5%
Germany22.527.260.116.1-10.6%
Russia305705405N/A15.2%
Netherlands1398.80.2N/A-96.2%
Others50.416.679.119.1-27.6%
Total8721,094947500-16.9%

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

  1. Poland (39.2 tons)
  2. Belgium (21.3 tons)
  3. Estonia (5.8 tons)
  4. France (2.3 tons)
  5. Germany (1.1 tons)

Source: IndexBox Market Intelligence Platform

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