Benelux: Unwrought Zinc Alloys Market 2024

Unwrought Zinc Alloys Market Size in Benelux

The Benelux unwrought zinc alloys market contracted to $X in 2022, with a decrease of -9.8% against the previous year. Overall, consumption, however, continues to indicate a remarkable increase. Over the period under review, the market attained the peak level at $X in 2021, and then dropped in the following year.

Unwrought Zinc Alloys Production in Benelux

In value terms, unwrought zinc alloys production shrank to $X in 2022 estimated in export price. In general, production, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 32% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Unwrought Zinc Alloys Exports

Exports in Benelux

In 2022, exports of unwrought zinc alloys in Benelux reduced sharply to X tons, which is down by -24.4% on the year before. In general, exports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 23%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, unwrought zinc alloys exports declined to $X in 2022. Total exports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.1% 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 +30.6% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 54%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium was the key exporting country with an export of around X tons, which finished at 76% of total exports. It was distantly followed by the Netherlands (X tons), mixing up a 24% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to unwrought zinc alloys exports from Belgium stood at -4.6%. The Netherlands (-3.3%) illustrated a downward trend over the same period. The Netherlands (+2.4 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -2.3% from 2012 to 2022, respectively.

In value terms, Belgium ($X) remains the largest unwrought zinc alloys supplier in Benelux, comprising 77% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Belgium was relatively modest.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, rising by 22% against the previous year. Export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought zinc alloys export price increased by +48.9% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 35% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.8%).

Unwrought Zinc Alloys Imports

Imports in Benelux

In 2022, unwrought zinc alloys imports in Benelux contracted remarkably to X tons, which is down by -37.2% against 2021. In general, imports, however, saw a measured expansion. The growth pace was the most rapid in 2013 when imports increased by 79% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then dropped significantly in the following year.

In value terms, unwrought zinc alloys imports contracted sharply to $X in 2022. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 112%. As a result, imports attained the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, the Netherlands (X tons) and Belgium (X tons) represented the largest importer of unwrought zinc alloys in Benelux, constituting 100% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands (with a CAGR of +14.7%).

In value terms, the largest unwrought zinc alloys importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

The Netherlands, with a CAGR of +21.2%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, picking up by 25% against the previous year. Import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought zinc alloys import price increased by +56.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 33%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.0%).

Source: IndexBox Platform