Portugal - Zinc - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Portugal - Zinc - Market Analysis, Forecast, Size, Trends And Insights

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Zinc Price in Portugal - 2023

Contents:

  1. Zinc Price in Portugal (CIF) - 2023
  2. Zinc Price in Portugal (FOB) - 2023
  3. Zinc Imports in Portugal
  4. Zinc Exports in Portugal

Zinc Price in Portugal (CIF) - 2023

In June 2023, the average zinc import price amounted to $3,413 per ton, which is down by -2.2% against the previous month. In general, the import price showed a slight reduction. The growth pace was the most rapid in March 2023 when the average import price increased by 23% m-o-m. Over the period under review, average import prices attained the peak figure at $4,316 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($12,190 per ton), while the price for Spain ($3,257 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), while the prices for the other major suppliers experienced a decline.

Zinc Price in Portugal (FOB) - 2023

In June 2023, the average zinc export price amounted to $3,977 per ton, approximately equating the previous month. Overall, the export price saw a noticeable downturn. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 12% month-to-month. Over the period under review, the average export prices reached the maximum at $5,515 per ton in August 2022; however, from September 2022 to June 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($5,447 per ton), while the average price for exports to Spain ($3,308 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.

Zinc Imports in Portugal

In 2022, approx. 24K tons of zinc were imported into Portugal; stabilizing at 2021 figures. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 9% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, zinc imports skyrocketed to $99M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.0% 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 +76.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Import of Zinc in Portugal (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Spain24.037.945.938.3%
Netherlands5.04.27.824.9%
Germany0.22.36.1452.3%
Luxembourg2.44.05.754.1%
Belgium6.31.33.8-22.3%
FinlandN/A0.12.42300.0%
France1.02.32.454.9%
Peru17.62.40.5-83.1%
Others2.61.82.0-12.3%
Total59.056.376.613.9%

Top Suppliers of Zinc to Portugal in 2022:

  1. Spain (14.4K tons)
  2. Netherlands (2.1K tons)
  3. Germany (1.9K tons)
  4. Luxembourg (1.7K tons)
  5. Belgium (1.2K tons)
  6. Finland (0.9K tons)
  7. France (0.8K tons)
  8. Peru (0.1K tons)

Zinc Exports in Portugal

In 2022, shipments abroad of zinc decreased by -26% to 566 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 146% against the previous year. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, zinc exports rose markedly to $3.2M in 2022. In general, exports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2020 when exports increased by 113%. As a result, the exports attained the peak of $4.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Zinc in Portugal (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Spain1,7811,6152,0437.1%
Denmark29.661.1145121.3%
IrelandN/AN/A1360%
AngolaN/A9.71341281.4%
BelgiumN/A5.31302352.8%
Estonia84.067.050.6-22.4%
France23.92,38945.237.5%
Others39.414.2262157.9%
Total1,9584,1612,94522.6%

Top Export Markets for Zinc from Portugal in 2022:

  1. Spain (512.0 tons)
  2. Denmark (42.9 tons)
  3. Angola (41.2 tons)
  4. Ireland (41.2 tons)
  5. Belgium (31.6 tons)
  6. France (20.7 tons)
  7. Estonia (12.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the zinc market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Portugal

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Portugal
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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