Price for Zinc; Plates, Sheets, Strip and Foil in the UK - 2024
Contents:
- Price for Zinc; Plates, Sheets, Strip and Foil in the UK (CIF) - 2024
- Price for Zinc; Plates, Sheets, Strip and Foil in the UK (FOB) - 2022
- Imports of Zinc; Plates, Sheets, Strip and Foil in the UK
- Exports of Zinc; Plates, Sheets, Strip and Foil in the UK
Price for Zinc; Plates, Sheets, Strip and Foil in the UK (CIF) - 2024
The average import price for zinc; plates, sheets, strip and foils stood at $6,347 per ton in November 2023, declining by -9.4% against the previous month. Overall, the import price showed a mild decline. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 23% m-o-m. As a result, import price reached the peak level of $9,765 per ton. From June 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($10,323 per ton), while the price for Lithuania ($4,297 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Zinc; Plates, Sheets, Strip and Foil in the UK (FOB) - 2022
The average export price for zinc; plates, sheets, strip and foils stood at $4,949 per ton in 2022, rising by 57% against the previous year. Over the period under review, the export price, however, saw a deep reduction. The pace of growth was the most pronounced in 2021 when the average export price increased by 147% against the previous year. Over the period under review, the average export prices hit record highs at $12,248 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($8,582 per ton), while the average price for exports to Malta ($2,388 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (-1.4%), while the prices for the other major destinations experienced a decline.
Imports of Zinc; Plates, Sheets, Strip and Foil in the UK
In 2022, purchases abroad of zinc; plates, sheets, strip and foils was finally on the rise to reach 3.5K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a deep setback.
In value terms, imports of zinc; plates, sheets, strip and foils surged to $24M in 2022. In general, imports, however, saw a relatively flat trend pattern.
| Import of Zinc; Plates, Sheets, Strip and Foil in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.2 | 0.1 | N/A | 15.7 | 328.2% |
| Germany | 3.7 | 2.9 | 3.1 | 3.9 | 1.8% |
| Netherlands | 0.3 | 0.9 | 3.0 | 1.6 | 74.7% |
| Spain | 0.9 | 0.6 | 0.9 | 1.3 | 13.0% |
| Belgium | 14.7 | 8.6 | 9.5 | 1.0 | -59.2% |
| Poland | 0.8 | 0.9 | 0.4 | 0.3 | -27.9% |
| Italy | 1.3 | 0.3 | N/A | 0.2 | -46.4% |
| Others | 2.4 | 0.6 | 0.4 | 0.4 | -45.0% |
| Total | 24.3 | 14.8 | 17.4 | 24.1 | -0.3% |
Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to the UK in 2022:
- France (2269.6 tons)
- Germany (527.6 tons)
- Netherlands (286.2 tons)
- Spain (224.9 tons)
- Belgium (122.6 tons)
- Poland (50.4 tons)
- Italy (29.5 tons)
Exports of Zinc; Plates, Sheets, Strip and Foil in the UK
In 2022, the amount of zinc; plates, sheets, strip and foils exported from the UK contracted slightly to 348 tons, with a decrease of -4.3% compared with the year before. Over the period under review, exports continue to indicate a sharp reduction.
In value terms, exports of zinc; plates, sheets, strip and foils skyrocketed to $2M in 2022. Overall, exports showed a significant decrease.
| Export of Zinc; Plates, Sheets, Strip and Foil in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 14.4 | 6.5 | 3.6 | 674 | 260.4% |
| Ireland | 1,953 | 1,374 | 894 | 447 | -38.8% |
| Malta | 0.2 | N/A | 261 | 258 | 988.6% |
| Germany | 84.4 | 54.0 | 290 | 236 | 40.9% |
| France | 2,353 | 2,406 | 9.3 | 123 | -62.6% |
| United States | 13.8 | 26.1 | 9.3 | 74.6 | 75.5% |
| China | 20.8 | 15.7 | 18.5 | 44.7 | 29.0% |
| Others | 234 | 181 | 83.5 | 138 | -16.1% |
| Total | 4,674 | 4,064 | 1,569 | 1,995 | -24.7% |
Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from the UK in 2022:
- Malta (107.9 tons)
- Belgium (78.5 tons)
- Ireland (59.9 tons)
- Germany (42.0 tons)
- France (20.3 tons)
- United States (13.0 tons)
- China (9.3 tons)
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