Turkey - Zinc Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Zinc Ores and Concentrates in Turkey - 2023
Contents:
- Price for Zinc Ores and Concentrates in Turkey (FOB) - 2023
- Price for Zinc Ores and Concentrates in Turkey (CIF) - 2022
- Exports of Zinc Ores and Concentrates in Turkey
- Imports of Zinc Ores and Concentrates in Turkey
Price for Zinc Ores and Concentrates in Turkey (FOB) - 2023
In March 2023, the average zinc ores and concentrates export price amounted to $406 per ton, rising by 26% against the previous month. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in November 2022 when the average export price increased by 40% month-to-month. Over the period under review, the average export prices reached the maximum at $825 per ton in March 2022; however, from April 2022 to March 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In March 2023, the country with the highest price was Spain ($1,225 per ton), while the average price for exports to Iran ($127 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+19.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Zinc Ores and Concentrates in Turkey (CIF) - 2022
The average zinc ores and concentrates import price stood at $318 per ton in 2022, growing by 130% against the previous year. Over the period under review, the import price, however, saw a sharp decrease. The import price peaked at $4,777 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($836 per ton), while the price for Albania ($140 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+46.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Zinc Ores and Concentrates in Turkey
Zinc ores and concentrates exports from Turkey dropped modestly to 824K tons in 2022, with a decrease of -3.7% compared with the previous year. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, the exports attained the peak of 856K tons, and then declined modestly in the following year.
In value terms, zinc ores and concentrates exports surged to $576M in 2022. In general, exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2021 when exports increased by 62%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Zinc Ores and Concentrates in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 133 | 169 | 202 | 281 | 28.3% |
| Iran | 54.9 | 42.1 | 67.1 | 93.1 | 19.3% |
| Spain | 34.9 | 35.1 | 59.0 | 81.9 | 32.9% |
| Finland | 8.4 | 7.3 | 26.5 | 36.8 | 63.6% |
| China | 13.1 | 10.1 | 17.2 | 23.8 | 22.0% |
| Mexico | 25.7 | 5.8 | 4.2 | 16.2 | -14.3% |
| Others | 80.4 | 20.7 | 93.1 | 44.0 | -18.2% |
| Total | 350 | 290 | 469 | 576 | 18.1% |
Top Export Markets for Zinc Ores and Concentrates from Turkey in 2022:
- Iran (502.6K tons)
- Belgium (183.2K tons)
- Spain (53.0K tons)
- China (19.6K tons)
- Finland (18.4K tons)
- Mexico (14.5K tons)
Imports of Zinc Ores and Concentrates in Turkey
In 2022, approx. 40K tons of zinc ores and concentrates were imported into Turkey; jumping by 61% on the previous year. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 245% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, zinc ores and concentrates imports surged to $13M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Zinc Ores and Concentrates in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 137 | 669 | 570 | 6,967 | 270.5% |
| Albania | 342 | 471 | N/A | 3,222 | 111.2% |
| Kazakhstan | 44.7 | 12.2 | 137 | 1,673 | 234.5% |
| South Africa | 0.2 | 44.1 | 44.2 | 540 | 1292.5% |
| Iran | 62.6 | 48.9 | 6.5 | 468 | 95.5% |
| Zambia | N/A | 91.3 | 773 | N/A | 746.7% |
| Croatia | N/A | N/A | 150 | N/A | 0% |
| North Macedonia | N/A | 2.9 | 515 | N/A | 17658.6% |
| Serbia | N/A | 7.5 | 791 | N/A | 10446.7% |
| Poland | N/A | N/A | 441 | N/A | 0% |
| Others | 382 | 6.9 | 49.2 | N/A | -64.1% |
| Total | 969 | 1,353 | 3,476 | 12,871 | 136.8% |
Top Suppliers of Zinc Ores and Concentrates to Turkey in 2022:
- Albania (23.0K tons)
- Morocco (12.2K tons)
- Kazakhstan (2.0K tons)
- Iran (1.7K tons)
- South Africa (1.6K tons)
This report provides an in-depth analysis of the market for zinc ores and concentrates in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 07291520 -
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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