Price for Zinc; Plates, Sheets, Strip and Foil in Ireland - 2023

Contents:

1. Price for Zinc; Plates, Sheets, Strip and Foil in Ireland (CIF) - 2023
2. Price for Zinc; Plates, Sheets, Strip and Foil in Ireland (FOB) - 2022
3. Imports of Zinc; Plates, Sheets, Strip and Foil in Ireland
4. Exports of Zinc; Plates, Sheets, Strip and Foil in Ireland

Price for Zinc; Plates, Sheets, Strip and Foil in Ireland (CIF) - 2023

In November 2023, the average import price for zinc; plates, sheets, strip and foils amounted to $7,243 per ton, surging by 7.4% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 31% against the previous month. Over the period under review, average import prices hit record highs in November 2023.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Finland ($11,857 per ton), while the price for Poland ($3,345 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Finland (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Plates, Sheets, Strip and Foil in Ireland (FOB) - 2022

The average export price for zinc; plates, sheets, strip and foils stood at $6,087 per ton in 2022, declining by -4.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 11%. As a result, the export price attained the peak level of $7,342 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +3.1% per year.

Imports of Zinc; Plates, Sheets, Strip and Foil in Ireland

Imports of zinc; plates, sheets, strip and foils into Ireland surged to 958 tons in 2022, with an increase of 59% against 2021. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of zinc; plates, sheets, strip and foils soared to $5.9M in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to Ireland in 2022:

1. Belgium (573.2 tons)
2. Germany (115.9 tons)
3. Poland (101.3 tons)
4. United Kingdom (55.2 tons)
5. Spain (52.8 tons)
6. Finland (22.0 tons)
7. France (21.1 tons)
8. Austria (1.3 tons)

Exports of Zinc; Plates, Sheets, Strip and Foil in Ireland

In 2022, the amount of zinc; plates, sheets, strip and foils exported from Ireland soared to 16 tons, jumping by 478% compared with the previous year's figure. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of zinc; plates, sheets, strip and foils surged to $99K in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from Ireland in 2022:

1. United Kingdom (16.2 tons)

Source: IndexBox Market Intelligence Platform