Portugal: Articles Of Zinc Market 2024

Articles Of Zinc Market Size in Portugal

In 2022, the Portuguese articles of zinc market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in the immediate term.

Articles Of Zinc Production in Portugal

In value terms, articles of zinc production fell to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Articles Of Zinc Exports

Exports from Portugal

In 2022, exports of articles of zinc from Portugal reduced to X tons, shrinking by X% on 2021 figures. In general, exports saw a perceptible setback. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, articles of zinc exports fell slightly to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for articles of zinc exports from Portugal, with a X% share of total exports. Moreover, articles of zinc exports to France exceeded the volume sent to the second major destination, Germany (X tons), fourfold. Spain (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Spain (X% per year).

In value terms, France ($X), Germany ($X) and Austria ($X) were the largest markets for articles of zinc exported from Portugal worldwide, together accounting for X% of total exports. Spain, the UK, Denmark, Angola and Poland lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Denmark, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average articles of zinc export price stood at $X per ton in 2022, growing by X% against the previous year. In general, export price indicated a perceptible expansion 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, articles of zinc export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Articles Of Zinc Imports

Imports into Portugal

In 2022, articles of zinc imports into Portugal reduced dramatically to X tons, with a decrease of X% on the previous year's figure. In general, imports showed a noticeable slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, articles of zinc imports reduced to $X in 2022. Over the period under review, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest articles of zinc supplier to Portugal, accounting for a X% share of total imports. Moreover, articles of zinc imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was taken by Peru (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Peru (X% per year).

In value terms, the largest articles of zinc suppliers to Portugal were France ($X), Spain ($X) and Germany ($X), with a combined X% share of total imports.

In terms of the main suppliers, France, with a CAGR of X%, recorded the highest rates of growth with regard to 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 average articles of zinc import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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