Eastern Asia: Articles Of Zinc Market 2024

Articles Of Zinc Market Size in Eastern Asia

The East Asian articles of zinc market totaled $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2019; afterwards, it flattened through to 2022.

Articles Of Zinc Production in Eastern Asia

In value terms, articles of zinc production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Articles Of Zinc Exports

Exports in Eastern Asia

In 2022, the amount of articles of zinc exported in Eastern Asia contracted to X tons, with a decrease of X% on 2021 figures. In general, exports continue to indicate a pronounced descent. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, articles of zinc exports dropped to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. 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 in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, China (X tons) represented the largest exporter of articles of zinc, generating X% of total exports. Taiwan (Chinese) (X tons) took the second position in the ranking, distantly followed by South Korea (X tons) and Hong Kong SAR (X tons). All these countries together held near X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest articles of zinc supplying countries in Eastern Asia were China ($X), Taiwan (Chinese) ($X) and Hong Kong SAR ($X), with a combined X% share of total exports.

Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, leveling off at the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of export peaked at $X per ton in 2021, and then reduced in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Hong Kong SAR ($X per ton) and Taiwan (Chinese) ($X per ton), while South Korea ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Articles Of Zinc Imports

Imports in Eastern Asia

In 2022, purchases abroad of articles of zinc increased by X% to X tons, rising for the second year in a row after two years of decline. Total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, articles of zinc imports skyrocketed to $X in 2022. In general, imports showed a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

Japan represented the largest importer of articles of zinc in Eastern Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by China (X tons) and Taiwan (Chinese) (X tons), together committing a X% share of total imports. Hong Kong SAR (X tons) and South Korea (X tons) followed a long way behind the leaders.

Japan was also the fastest-growing in terms of the articles of zinc imports, with a CAGR of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%) and China (X%) displayed positive paces of growth. By contrast, South Korea (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. Japan (X p.p.) significantly strengthened its position in terms of the total imports, while South Korea and Hong Kong SAR saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest articles of zinc importing markets in Eastern Asia were Japan ($X), China ($X) and Taiwan (Chinese) ($X), together comprising X% of total imports.

Among the main importing countries, Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, with a decrease of X% against the previous year. Import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2021, and then fell sharply in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in China ($X per ton) and South Korea ($X per ton), while Japan ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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