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

Price for Zinc; Dust, Powders and Flakes in Ireland (CIF) - 2023

In July 2023, the average import price for zinc; dust, powders and flakeses amounted to $5,844 per ton, shrinking by -14.5% against the previous month. Over the period under review, import price indicated a notable increase from July 2022 to July 2023: its price increased at an average monthly rate of +3.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, zinc; dust, powders and flakes import price decreased by -14.5% against June 2023 indices. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 23% against the previous month. Over the period under review, average import prices attained the peak figure at $6,837 per ton in June 2023, and then contracted in the following month.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Belgium ($19,295 per ton), while the price for Germany ($5,134 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+15.8%), while the prices for the other major suppliers experienced a decline.

Price for Zinc; Dust, Powders and Flakes in Ireland (FOB) - 2023

In July 2023, the average export price for zinc; dust, powders and flakeses amounted to $92,671 per ton, jumping by 582% against the previous month. In general, the export price recorded a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the United States ($136K per ton), while the average price for exports to Germany amounted to $10,191 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+22.3%).

Imports of Zinc; Dust, Powders and Flakes in Ireland

In 2022, imports of zinc; dust, powders and flakeses into Ireland contracted slightly to 976 tons, which is down by -5% compared with the previous year's figure. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 21%. As a result, imports attained the peak of 1K tons, and then fell slightly in the following year.

In value terms, zinc; dust, powders and flakes imports skyrocketed to $4.8M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 27%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Zinc; Dust, Powders and Flakes in Ireland (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Belgium	2.9	2.4	2.7	-3.5%
Germany	0.6	0.5	1.0	29.1%
Others	0.1	N/A	N/A	0%
Total	3.6	3.0	3.8	2.7%

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

Belgium (779.3 tons)
Germany (241.3 tons)

Exports of Zinc; Dust, Powders and Flakes in Ireland

After two years of decline, overseas shipments of zinc; dust, powders and flakeses increased by 40% to 182 tons in 2022. In general, exports, however, showed a dramatic decline.

In value terms, zinc; dust, powders and flakes exports surged to $2.4M in 2022. Overall, exports, however, saw a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year.