Asia: Lead Ore Market 2022

Lead Ore Market Size in Asia

In 2021, the Asian lead ore market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Lead Ore Production in Asia

In value terms, lead ore production expanded rapidly to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Lead Ore Exports

Exports in Asia

In 2021, shipments abroad of lead ores decreased by -X% to X tons for the first time since 2017, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2020, and then dropped in the following year.

In value terms, lead ore exports totaled $X in 2021. Total exports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Turkey (X tons) and Democratic People's Republic of Korea (X tons) represented the key exporters of lead ores in Asia, together amounting to approx. X% of total exports. Tajikistan (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Iran (X%), Uzbekistan (X%), Vietnam (X%) and Myanmar (X%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Vietnam (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest lead ore supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Democratic People's Republic of Korea ($X), with a X% share of total exports. It was followed by Tajikistan, with a X% share.

In Turkey, lead ore exports expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Democratic People's Republic of Korea (+X% per year) and Tajikistan (+X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, increasing by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Uzbekistan ($X per ton), while Democratic People's Republic of Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+X%), while the other leaders experienced more modest paces of growth.

Lead Ore Imports

Imports in Asia

In 2021, overseas purchases of lead ores decreased by -X% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2020, and then reduced in the following year.

In value terms, lead ore imports amounted to $X in 2021. Over the period under review, imports recorded a pronounced curtailment. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China was the largest importer of lead ores in Asia, with the volume of imports recording X tons, which was near X% of total imports in 2021. South Korea (X tons) took the second position in the ranking, distantly followed by Japan (X tons) and Kazakhstan (X tons). All these countries together held approx. X% share of total imports.

From 2012 to 2021, the biggest increases were in Kazakhstan (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2021, with a combined X% share of total imports. These countries were followed by Kazakhstan, which accounted for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%), while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform

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