Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Romania - 2023

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Romania (CIF) - 2023
  2. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Romania (FOB) - 2022
  3. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Romania
  4. Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Romania

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Romania (CIF) - 2023

In November 2023, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $3,172 per ton, remaining constant against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average import price increased by 28% m-o-m. The import price peaked at $3,815 per ton in April 2023; however, from May 2023 to November 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($3,411 per ton), while the price for Poland stood at $2,896 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+0.8%), while the prices for the other major suppliers experienced a decline.

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Romania (FOB) - 2022

In 2022, the average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $3,480 per ton, picking up by 22% against the previous year. Over the period under review, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2016 an increase of 98% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,653 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +10.7% per year.

Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Romania

In 2022, after three years of growth, there was significant decline in overseas purchases of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs, when their volume decreased by -15.4% to 10K tons. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. As a result, imports attained the peak of 12K tons, and then contracted dramatically in the following year.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs expanded to $39M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +51.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 46%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria4.55.814.815.350.4%
Peru11.412.011.59.8-4.9%
Germany5.84.36.77.810.4%
Poland3.82.64.15.311.7%
Others0.60.80.30.4-12.6%
Total26.125.637.338.613.9%

Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc to Romania in 2022:

  1. Bulgaria (3.8K tons)
  2. Peru (2.6K tons)
  3. Germany (2.1K tons)
  4. Poland (1.5K tons)

Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Romania

In 2022, overseas shipments of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by -12.4% to 5.7 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 175% against the previous year. As a result, the exports reached the peak of 63 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs expanded markedly to $20K in 2022. Overall, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2020 when exports increased by 145%. As a result, the exports attained the peak of $121K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands34.10.90.619.9-16.4%
PolandN/A114N/AN/A0%
Denmark0.96.1N/AN/A577.8%
Italy9.1N/A18.0N/A40.6%
Turkey5.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total49.412118.619.9-26.1%

Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc from Romania in 2022:

  1. Netherlands (5.7 tons)

Source: IndexBox Market Intelligence Platform

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