Czech Republic: Unwrought Zinc Alloys Market 2024

Unwrought Zinc Alloys Market Size in the Czech Republic

In 2022, the Czech unwrought zinc alloys market increased by 5.8% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, posted a noticeable expansion. Unwrought zinc alloys consumption peaked in 2022 and is likely to see gradual growth in the near future.

Unwrought Zinc Alloys Exports

Exports from the Czech Republic

In 2022, unwrought zinc alloys exports from the Czech Republic shrank notably to X tons, declining by -54.4% compared with 2021. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2014 when exports increased by 332%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, unwrought zinc alloys exports fell sharply to $X in 2022. Over the period under review, exports saw a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by 332% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Austria (X tons), Slovakia (X tons) and Croatia (X tons) were the main destinations of unwrought zinc alloys exports from the Czech Republic, together comprising 92% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +5.6%), while the other leaders experienced a decline.

In value terms, the largest markets for unwrought zinc alloys exported from the Czech Republic were Slovakia ($X), Austria ($X) and Croatia ($X), together comprising 93% of total exports.

In terms of the main countries of destination, Austria, with a CAGR of +2.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average unwrought zinc alloys export price stood at $X per ton in 2022, growing by 42% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.7% 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 +55.9% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 43%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Croatia ($X per ton) and Slovakia ($X per ton), while the average price for exports to Germany ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Unwrought Zinc Alloys Imports

Imports into the Czech Republic

In 2022, imports of unwrought zinc alloys into the Czech Republic shrank to X tons, reducing by -8.1% compared with 2021. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 17%. Over the period under review, imports attained the peak figure at X tons in 2021, and then declined in the following year.

In value terms, unwrought zinc alloys imports expanded markedly to $X in 2022. In general, imports, however, showed a remarkable increase. The growth pace was the most rapid in 2017 when imports increased by 57% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Slovakia (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of unwrought zinc alloys imports to the Czech Republic, together accounting for 70% of total imports. France, Norway, Austria, the Netherlands and Poland lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +174.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Belgium ($X) and Germany ($X) constituted the largest unwrought zinc alloys suppliers to the Czech Republic, together comprising 71% of total imports. France, Norway, the Netherlands, Austria and Poland lagged somewhat behind, together comprising a further 23%.

In terms of the main suppliers, France, with a CAGR of +171.0%, 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

In 2022, the average unwrought zinc alloys import price amounted to $X per ton, surging by 17% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.3% 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 +40.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 33% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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