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

Contents:

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

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

In 2022, the average export price for zinc; dust, powders and flakeses amounted to $54,897 per ton, jumping by 16% against the previous year. Over the period under review, the export price saw a significant expansion. The growth pace was the most rapid in 2018 an increase of 55% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +32.1% per year.

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

The average import price for zinc; dust, powders and flakeses stood at $33,493 per ton in 2022, growing by 180% against the previous year. In general, the import price showed a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($40,003 per ton), while the price for Lithuania ($11,518 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zinc; Dust, Powders and Flakes in Latvia

In 2022, zinc; dust, powders and flakes exports from Latvia surged to 4.4 tons, growing by 221,100% compared with the previous year's figure. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, zinc; dust, powders and flakes exports skyrocketed to $243K in 2022. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Zinc; Dust, Powders and Flakes in Latvia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Netherlands0.1243242900.0%
OthersN/AN/A0%
Total0.1243242900.0%

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

  1. Netherlands (4.4 tons)

Imports of Zinc; Dust, Powders and Flakes in Latvia

Zinc; dust, powders and flakes imports into Latvia plummeted to 2.3 tons in 2022, which is down by -62.4% on the previous year. Over the period under review, imports continue to indicate a sharp shrinkage. The smallest decline of -8.1% was in 2020.

In value terms, zinc; dust, powders and flakes imports rose notably to $77K in 2022. Overall, imports showed a relatively flat trend pattern.

Import of Zinc; Dust, Powders and Flakes in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland7.220.333.861.0103.9%
Germany12.01.79.414.25.8%
Lithuania44.01.01.11.0-71.7%
EstoniaN/AN/A0.10.6500.0%
Spain14.052.328.5N/A42.7%
OthersN/A0.10.1N/A0.0%
Total77.375.472.976.7-0.3%

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

  1. Poland (1816.0 kg)
  2. Germany (356.0 kg)
  3. Lithuania (83.0 kg)
  4. Estonia (36.0 kg)

Source: IndexBox Market Intelligence Platform

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