Price for Zinc; Bars, Rods, Profiles and Wire in Sweden - 2023
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in Sweden (CIF) - 2023
- Price for Zinc; Bars, Rods, Profiles and Wire in Sweden (FOB) - 2022
- Imports of Zinc; Bars, Rods, Profiles and Wire in Sweden
- Exports of Zinc; Bars, Rods, Profiles and Wire in Sweden
Price for Zinc; Bars, Rods, Profiles and Wire in Sweden (CIF) - 2023
In November 2023, the average import price for zinc; bars, rods, profiles and wires amounted to $4,917 per ton, shrinking by -5% against the previous month. In general, import price indicated slight growth from December 2022 to November 2023: its price increased at an average monthly rate of +1.7% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for zinc; bars, rods, profiles and wires increased by +18.1% against August 2023 indices. The pace of growth was the most pronounced in July 2023 an increase of 83% month-to-month. As a result, import price reached the peak level of $8,989 per ton. From August 2023 to November 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2022 to November 2023, the rate of growth in terms of prices for China amounted to +1.4% per month.
Price for Zinc; Bars, Rods, Profiles and Wire in Sweden (FOB) - 2022
The average export price for zinc; bars, rods, profiles and wires stood at $5,422 per ton in 2022, shrinking by -2.9% against the previous year. In general, the export price, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2016 an increase of 85% against the previous year. Over the period under review, the average export prices attained the maximum at $9,044 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($33,786 per ton), while the average price for exports to Norway ($4,507 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 (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Zinc; Bars, Rods, Profiles and Wire in Sweden
In 2022, imports of zinc; bars, rods, profiles and wires into Sweden skyrocketed to 315 tons, increasing by 34% against the previous year. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 47% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, imports of zinc; bars, rods, profiles and wires surged to $1.4M in 2022. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 79%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Zinc; Bars, Rods, Profiles and Wire in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 467 | 360 | 627 | 669 | 12.7% |
| Greece | N/A | 60.7 | 84.2 | 354 | 141.5% |
| Austria | N/A | 155 | 188 | 235 | 23.1% |
| China | 25.8 | 7.8 | 96.3 | 133 | 72.7% |
| Poland | 8.4 | 3.3 | 50.7 | 21.4 | 36.6% |
| United Kingdom | 72.6 | 5.0 | 10.2 | 10.2 | -48.0% |
| Others | 36.7 | 32.7 | 62.1 | 6.2 | -44.7% |
| Total | 611 | 625 | 1,118 | 1,428 | 32.7% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Sweden in 2022:
- Germany (161.4 tons)
- Greece (83.3 tons)
- Austria (54.9 tons)
- China (9.9 tons)
- Poland (3.3 tons)
- United Kingdom (1.1 tons)
Exports of Zinc; Bars, Rods, Profiles and Wire in Sweden
In 2022, shipments abroad of zinc; bars, rods, profiles and wires decreased by -51.5% to 20 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a significant decline. The growth pace was the most rapid in 2020 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 77 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 declined markedly to $108K in 2022. In general, exports continue to indicate a precipitous decrease. The smallest decline of -18.3% was in 2021.
| Export of Zinc; Bars, Rods, Profiles and Wire in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 264 | 235 | 123 | 69.4 | -35.9% |
| Netherlands | 22.4 | 9.0 | 62.1 | 18.1 | -6.9% |
| Denmark | 19.2 | 2.7 | 34.4 | 14.4 | -9.1% |
| Turkey | 16.7 | 28.0 | N/A | N/A | 67.7% |
| Others | 22.4 | 5.5 | 8.9 | 5.8 | -36.3% |
| Total | 345 | 280 | 229 | 108 | -32.1% |
Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Sweden in 2022:
- Norway (15.4 tons)
- Denmark (3.1 tons)
- Netherlands (1.3 tons)
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