Northern America: Market for Zinc Ores And Concentrates 2024

Market Size for Zinc Ores And Concentrates in Northern America

For the third consecutive year, the North American zinc ores and concentrates market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in the near future.

Production of Zinc Ores And Concentrates in Northern America

In value terms, zinc ores and concentrates production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Zinc Ores And Concentrates

Exports in Northern America

In 2022, the amount of zinc ores and concentrates exported in Northern America expanded markedly to X tons, surging by X% compared with the year before. In general, exports, however, continue to indicate a mild downturn. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, zinc ores and concentrates exports expanded significantly to $X in 2022. Total exports indicated a perceptible 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, the United States (X tons) represented the largest exporter of zinc ores and concentrates, mixing up X% of total exports. It was distantly followed by Canada (X tons), making up a X% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of zinc ores and concentrates. Canada (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by X percentage points.

In value terms, the United States ($X) remains the largest zinc ores and concentrates supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at X%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, approximately reflecting the previous year. Export price indicated prominent growth 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 2021 an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Imports of Zinc Ores And Concentrates

Imports in Northern America

In 2022, zinc ores and concentrates imports in Northern America skyrocketed to X tons, with an increase of X% against the previous year. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, zinc ores and concentrates imports surged to $X in 2022. In general, imports showed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The purchases of the one major importers of zinc ores and concentrates, namely Canada, represented more than two-thirds of total import.

Canada was also the fastest-growing in terms of the zinc ores and concentrates imports, with a CAGR of X% from 2012 to 2022. While the share of Canada (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) constitutes the largest market for imported zinc ores and concentrates in Northern America.

In Canada, zinc ores and concentrates imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price, however, enjoyed notable growth. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to X% per year.

Source: IndexBox Platform

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