Price for Zinc; Dust, Powders and Flakes in Greece - 2023

Contents:

  1. Price for Zinc; Dust, Powders and Flakes in Greece (CIF) - 2022
  2. Price for Zinc; Dust, Powders and Flakes in Greece (FOB) - 2022
  3. Imports of Zinc; Dust, Powders and Flakes in Greece
  4. Exports of Zinc; Dust, Powders and Flakes in Greece

Price for Zinc; Dust, Powders and Flakes in Greece (CIF) - 2022

The average import price for zinc; dust, powders and flakeses stood at $3,880 per ton in 2021, increasing by 22% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2020 when the average import price increased by 26%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($5,305 per ton), while the price for Romania ($1,937 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Dust, Powders and Flakes in Greece (FOB) - 2022

In 2021, the average export price for zinc; dust, powders and flakeses amounted to $676 per ton, shrinking by -12.3% against the previous year. Overall, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 60% against the previous year. As a result, the export price reached the peak level of $3,049 per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($1,514 per ton), while the average price for exports to India totaled $354 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-2.3%), while the prices for the other major destinations experienced a decline.

Imports of Zinc; Dust, Powders and Flakes in Greece

In 2022, purchases abroad of zinc; dust, powders and flakeses increased by 397% to 374 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, zinc; dust, powders and flakes imports surged to $976K in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Zinc; Dust, Powders and Flakes in Greece (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Germany74.185.979.73.7%
India81.522.572.8-5.5%
Sweden2.72.564.3388.0%
RomaniaN/AN/A34.90%
Belgium20.210522.24.8%
Italy3.30.117.3129.0%
Norway58.529.5N/A-49.6%
Poland15834.9N/A-77.9%
Others6.30.80.6-69.1%
Total404281292-15.0%

Top Suppliers of Zinc; Dust, Powders and Flakes to Greece in 2022:

  1. Romania (18.0 tons)
  2. Sweden (17.0 tons)
  3. India (16.6 tons)
  4. Germany (15.0 tons)
  5. Belgium (4.9 tons)
  6. Italy (3.6 tons)

Exports of Zinc; Dust, Powders and Flakes in Greece

Zinc; dust, powders and flakes exports from Greece contracted remarkably to 63 tons in 2022, shrinking by -19.2% on the previous year's figure. Overall, exports showed a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 63%. As a result, the exports reached the peak of 78 tons, and then reduced sharply in the following year.

In value terms, zinc; dust, powders and flakes exports reduced to $45K in 2022. In general, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year.

Export of Zinc; Dust, Powders and Flakes in Greece (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Bulgaria12.41.922.735.3%
IndiaN/AN/A21.50%
RomaniaN/A7.04.6-34.3%
HungaryN/A5.33.6-32.1%
Israel60.8N/AN/A0%
Netherlands0.522.6N/A4420.0%
OthersN/AN/AN/A0%
Total73.636.852.4-15.6%

Top Export Markets for Zinc; Dust, Powders and Flakes from Greece in 2022:

  1. India (60.8 tons)
  2. Bulgaria (15.0 tons)
  3. Romania (1.0 tons)
  4. Hungary (0.8 tons)

Source: IndexBox Market Intelligence Platform

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