EU: Market for Zinc Ores And Concentrates 2024

Market Size for Zinc Ores And Concentrates in the EU

For the third consecutive year, the EU zinc ores and concentrates market recorded growth in sales value, which increased by X% to $X in 2022. The total consumption indicated a strong increase from 2012 to 2022: its value 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, consumption increased by X% against 2019 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Zinc Ores And Concentrates in the EU

In value terms, zinc ores and concentrates production reached $X in 2022 estimated in export price. The total production indicated noticeable growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Zinc Ores And Concentrates

Exports in the EU

In 2022, zinc ores and concentrates exports in the European Union dropped to X tons, falling by X% compared with 2021. Over the period under review, exports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, zinc ores and concentrates exports rose remarkably to $X in 2022. In general, exports, however, saw temperate growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Belgium (X tons), Sweden (X tons) and Portugal (X tons) represented roughly X% of total exports in 2022. Spain (X tons) held the next position in the ranking, followed by Italy (X tons). All these countries together held near X% share of total exports. The following exporters - France (X tons) and Finland (X tons) - each resulted at an X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest zinc ores and concentrates supplying countries in the European Union were Sweden ($X), Belgium ($X) and Portugal ($X), with a combined X% share of total exports.

Portugal, with a CAGR of X%, recorded 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 the European Union stood at $X per ton in 2022, rising by X% against the previous year. Export price indicated a resilient 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. Based on 2022 figures, zinc ores and concentrates export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Finland ($X per ton), while Portugal ($X per ton) was amongst the lowest.

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

Imports of Zinc Ores And Concentrates

Imports in the EU

In 2022, after two years of growth, there was significant decline in supplies from abroad of zinc ores and concentrates, when their volume decreased by X% to X tons. Over the period under review, imports showed a mild slump. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, zinc ores and concentrates imports expanded sharply to $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value 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 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Belgium (X tons) and Spain (X tons) represented roughly X% of total imports in 2022. Finland (X tons) held the next position in the ranking, followed by the Netherlands (X tons), Germany (X tons), France (X tons) and Poland (X tons). All these countries together took approx. X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest zinc ores and concentrates importing markets in the European Union were Spain ($X), Belgium ($X) and Finland ($X), with a combined X% share of total imports.

Spain, with a CAGR of X%, saw 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 more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, jumping by X% against the previous year. Import price indicated a resilient 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. Based on 2022 figures, zinc ores and concentrates import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Spain ($X per ton) and Belgium ($X per ton), while the Netherlands ($X per ton) and Poland ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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