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

Contents:

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

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

The average import price for zinc; dust, powders and flakeses stood at $7,078 per ton in 2021, jumping by 33% against the previous year. In general, the import price, however, continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 249% against the previous year. As a result, import price attained the peak level of $24,563 per ton. From 2020 to 2021, the average import prices remained at a lower figure.

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 ($10,739 per ton), while the price for the Czech Republic ($1,513 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+42.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average export price for zinc; dust, powders and flakeses amounted to $24,880 per ton, growing by 60% against the previous year. In general, the export price showed significant growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 179% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Serbia ($22,797 per ton), while the average price for exports to Romania amounted to $1,329 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Dust, Powders and Flakes in Hungary

In 2022, overseas purchases of zinc; dust, powders and flakeses decreased by -21.4% to 16 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 103% against the previous year. As a result, imports reached the peak of 31 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, zinc; dust, powders and flakes imports dropped rapidly to $100K in 2022. Over the period under review, imports continue to indicate a dramatic decline. The smallest decline of -11.6% was in 2021.

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

1. Germany (11.1 tons)
2. Czech Republic (6.2 tons)
3. China (1.0 tons)
4. Greece (0.8 tons)
5. Belgium (0.7 tons)
6. Poland (0.3 tons)

Exports of Zinc; Dust, Powders and Flakes in Hungary

In 2022, exports of zinc; dust, powders and flakeses from Hungary shrank notably to 20 kg, waning by -20% against the previous year's figure. Overall, exports continue to indicate a significant curtailment. The growth pace was the most rapid in 2021 when exports increased by 56% against the previous year.

In value terms, zinc; dust, powders and flakes exports declined markedly to $436 in 2022. In general, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 150% against the previous year.

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

1. Romania (39.0 kg)
2. Serbia (25.0 kg)

Source: IndexBox Market Intelligence Platform