Price for Zinc; Powders and Flakes in Hungary - 2023

Contents:

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

Price for Zinc; Powders and Flakes in Hungary (CIF) - 2022

The average zinc; powders and flakes import price stood at $11,211 per ton in 2022, growing by 3.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 31% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 Germany ($12,171 per ton), while the price for China ($6,853 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Zinc; Powders and Flakes in Hungary (FOB) - 2022

The average zinc; powders and flakes export price stood at $8,725 per ton in 2022, with a decrease of -61.4% against the previous year. Over the period under review, the export price, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2014 an increase of 367%. Over the period under review, the average export prices attained the peak figure at $22,585 per ton in 2021, and then reduced dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($19,334 per ton), while the average price for exports to the Netherlands ($1,574 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 Germany (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Powders and Flakes in Hungary

For the third consecutive year, Hungary recorded decline in overseas purchases of zinc; powders and flakeses, which decreased by -90.3% to 1.1 tons in 2022. Over the period under review, imports saw a dramatic decline. The smallest decline of -16.6% was in 2021.

In value terms, zinc; powders and flakes imports declined notably to $12K in 2022. Overall, imports showed a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 3.3%.

Import of Zinc; Powders and Flakes in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10986.31198.5-57.3%
Austria14.112.5N/A1.1-57.3%
China12.46.6N/A1.0-56.8%
Japan72.7N/AN/A0.7-78.7%
United StatesN/AN/AN/A0.30%
Switzerland0.58.8N/A0.2-26.3%
PolandN/A1.6N/AN/A0%
Others1.50.21.10.1-59.5%
Total21011612012.0-61.5%

Top Suppliers of Zinc; Powders and Flakes to Hungary in 2022:

  1. Germany (695.0 kg)
  2. China (148.0 kg)
  3. Austria (97.0 kg)
  4. Japan (65.0 kg)
  5. United States (31.0 kg)
  6. Switzerland (21.0 kg)

Exports of Zinc; Powders and Flakes in Hungary

In 2022, exports of zinc; powders and flakeses from Hungary surged to 36 kg, picking up by 29% against 2021 figures. Overall, exports, however, faced a dramatic slump.

In value terms, zinc; powders and flakes exports fell dramatically to $311 in 2022. Over the period under review, exports, however, recorded a precipitous decline.

Export of Zinc; Powders and Flakes in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil31.5N/AN/A0.2-81.5%
Romania0.2N/A0.10.1-20.6%
Netherlands0.1N/AN/AN/A0%
OthersN/AN/A0.6N/A0%
Total31.7N/A0.60.3-78.8%

Top Export Markets for Zinc; Powders and Flakes from Hungary in 2022:

  1. Brazil (26.0 kg)
  2. Romania (5.0 kg)
  3. Netherlands (5.0 kg)

Source: IndexBox Market Intelligence Platform

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