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Canada - Zinc Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jan 1, 2025

Canada - Zinc Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights

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Oct 6, 2023

Prices of Zinc Ores and Concentrates Experience Soaring 101% Surge in Canada, Reaching $1,783 per Ton on Average

Canada Zinc Ore Import Price in June 2023

In June 2023, the zinc ore price stood at $1,783 per ton (CIF, Canada), picking up by 101% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $2,869 per ton in September 2022; however, from October 2022 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Bolivia ($2,371 per ton), while the price for the United States ($1,101 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Burkina Faso (0.0%), while the prices for the other major suppliers experienced a decline.

Canada Zinc Ore Import Prices By Country (USD Per Ton)
COUNTRYImport Price of Zinc Ore in Canada (USD per ton)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
Bolivia3,6622,912N/AN/AN/AN/A2,557N/AN/AN/A2,890N/A2,371
Mexico3,7492,962N/AN/A2,841N/A3,690N/AN/AN/A1,6297382,087
United States1,8621,5382,8963,0522,2942,2381,3681,3962,0261,7481,2911,1801,101
Australia1,302N/A8603,378N/A880N/AN/A2,230N/AN/A793N/A
NamibiaN/AN/AN/A1,394N/AN/AN/AN/AN/AN/A1,005N/AN/A
PeruN/AN/A1,057N/AN/A1,0581,023N/A1,184N/A1,0341,016N/A
Burkina Faso1,308N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Average1,8302,4151,9502,8692,4431,6441,5861,3961,3821,7481,2578861,783

Canada Zinc Ore Imports

Zinc ores and concentrates imports into Canada fell sharply to 15K tons in June 2023, shrinking by -77% against May 2023. In general, imports saw a abrupt descent. The growth pace was the most rapid in August 2022 with an increase of 781% m-o-m. As a result, imports reached the peak of 132K tons. From September 2022 to June 2023, the growth of imports remained at a somewhat lower figure.

In value terms, zinc ores and concentrates imports fell markedly to $26M (IndexBox estimates) in June 2023. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in August 2022 when imports increased by 611% m-o-m.

Canada Zinc Ore Imports by Country

the United States (5.8K tons), Mexico (4.5K tons) and Bolivia (4.3K tons) were the main suppliers of zinc ores and concentrates imports to Canada, together accounting for 100% of total imports.

From June 2022 to June 2023, the biggest increases were in Mexico (with a CAGR of +0.4%), while purchases for the other leaders experienced a decline.

In value terms, Bolivia ($10M), Mexico ($9.4M) and the United States ($6.4M) constituted the largest zinc ores and concentrates suppliers to Canada, together accounting for 99% of total imports.

Mexico, with a CAGR of -4.4%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for zinc ores and concentrates in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 07291520 -

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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