Price for Zinc; Bars, Rods, Profiles and Wire in Norway - 2024
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in Norway (CIF) - 2024
- Price for Zinc; Bars, Rods, Profiles and Wire in Norway (FOB) - 2022
- Imports of Zinc; Bars, Rods, Profiles and Wire in Norway
- Exports of Zinc; Bars, Rods, Profiles and Wire in Norway
Price for Zinc; Bars, Rods, Profiles and Wire in Norway (CIF) - 2024
The average import price for zinc; bars, rods, profiles and wires stood at $4,963 per ton in January 2024, dropping by -21.7% against the previous month. Over the period under review, the import price continues to indicate a mild setback. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 350% month-to-month. As a result, import price reached the peak level of $21,504 per ton. From September 2023 to January 2024, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was Belgium ($4,979 per ton), while the price for Poland ($3,819 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Finland (+24.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Zinc; Bars, Rods, Profiles and Wire in Norway (FOB) - 2022
In 2022, the average export price for zinc; bars, rods, profiles and wires amounted to $71,649 per ton, dropping by -25.1% against the previous year. Overall, the export price, however, saw a significant expansion. The growth pace was the most rapid in 2013 an increase of 691% against the previous year. The export price peaked at $95,622 per ton in 2021, and then fell rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($723,060 per ton), while the average price for exports to Spain ($21,928 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 Turkey (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Zinc; Bars, Rods, Profiles and Wire in Norway
In 2022, the amount of zinc; bars, rods, profiles and wires imported into Norway fell to 164 tons, with a decrease of -3.9% against 2021 figures. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 16%.
In value terms, imports of zinc; bars, rods, profiles and wires expanded sharply to $843K in 2022. In general, imports saw a perceptible reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year.
| Import of Zinc; Bars, Rods, Profiles and Wire in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 146 | 85.8 | 56.5 | 211 | 13.1% |
| Germany | 264 | 138 | 145 | 178 | -12.3% |
| Poland | 79.5 | 41.2 | 184 | 157 | 25.5% |
| Belgium | 136 | 88.3 | 132 | 152 | 3.8% |
| Sweden | 176 | 115 | 148 | 65.9 | -27.9% |
| United Kingdom | 18.1 | 48.9 | 13.6 | 63.4 | 51.9% |
| Others | 75.7 | 81.1 | 91.6 | 15.8 | -40.7% |
| Total | 896 | 598 | 770 | 843 | -2.0% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Norway in 2022:
- Finland (47.0 tons)
- Poland (35.0 tons)
- Germany (31.3 tons)
- Belgium (28.9 tons)
- Sweden (15.4 tons)
- United Kingdom (5.2 tons)
Exports of Zinc; Bars, Rods, Profiles and Wire in Norway
After three years of growth, overseas shipments of zinc; bars, rods, profiles and wires decreased by -86.4% to 912 kg in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 335% against the previous year.
In value terms, exports of zinc; bars, rods, profiles and wires dropped significantly to $65K in 2022. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 644% against the previous year. As a result, the exports attained the peak of $641K, and then declined dramatically in the following year.
| Export of Zinc; Bars, Rods, Profiles and Wire in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 36.2 | 0% |
| Spain | N/A | N/A | N/A | 12.6 | 0% |
| China | N/A | N/A | 359 | 6.1 | -98.3% |
| Russia | 13.9 | N/A | 0.3 | 4.2 | -32.9% |
| Saudi Arabia | N/A | N/A | N/A | 1.9 | 0% |
| United Kingdom | 2.9 | 0.5 | 2.1 | 1.6 | -18.0% |
| South Africa | N/A | 4.9 | N/A | N/A | 0% |
| Poland | 4.4 | 11.3 | N/A | N/A | 156.8% |
| Singapore | 4.1 | 64.1 | N/A | N/A | 1463.4% |
| Turkey | 0.3 | N/A | 278 | N/A | 2944.1% |
| Others | 1.8 | 5.4 | 1.7 | 2.8 | 15.9% |
| Total | 27.3 | 86.2 | 641 | 65.3 | 33.7% |
Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Norway in 2022:
- Spain (573.0 kg)
- China (105.0 kg)
- Russia (77.0 kg)
- United States (50.0 kg)
- United Kingdom (46.0 kg)
- Saudi Arabia (23.0 kg)
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