Price for Zinc; Powders and Flakes in Ireland - 2023

Contents:

1. Price for Zinc; Powders and Flakes in Ireland (FOB) - 2022
2. Price for Zinc; Powders and Flakes in Ireland (CIF) - 2023
3. Exports of Zinc; Powders and Flakes in Ireland
4. Imports of Zinc; Powders and Flakes in Ireland

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

The average zinc; powders and flakes export price stood at $13,007 per ton in 2022, with a decrease of -4.8% against the previous year. Overall, the export price, however, saw significant growth. The most prominent rate of growth was recorded in 2013 an increase of 1,340% against the previous year. The export price peaked at $13,658 per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($13,097 per ton), while the average price for exports to Germany stood at $7,141 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+10.3%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Zinc; Powders and Flakes in Ireland (CIF) - 2023

In August 2023, the average zinc; powders and flakes import price amounted to $4,940 per ton, declining by -15.7% against the previous month. Overall, the import price faced a abrupt setback. The growth pace was the most rapid in February 2023 an increase of 361% against the previous month. As a result, import price attained the peak level of $29,817 per ton. From March 2023 to August 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From August 2022 to August 2023, the rate of growth in terms of prices for Germany amounted to -4.4% per month.

Exports of Zinc; Powders and Flakes in Ireland

Zinc; powders and flakes exports from Ireland surged to 181 tons in 2022, picking up by 39% against the previous year's figure. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, zinc; powders and flakes exports skyrocketed to $2.4M in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

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

1. United States (178.5 tons)
2. Germany (2.7 tons)

Imports of Zinc; Powders and Flakes in Ireland

Zinc; powders and flakes imports into Ireland rose significantly to 266 tons in 2022, with an increase of 9.9% compared with the previous year's figure. Over the period under review, imports posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, zinc; powders and flakes imports soared to $1.6M in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 78% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Germany (265.3 tons)

Source: IndexBox Market Intelligence Platform