Eastern Asia: Lead Ore Market 2022

Lead Ore Market Size in Eastern Asia

The East Asian lead ore market shrank to $X in 2021, which is down by -X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Lead Ore Production in Eastern Asia

In value terms, lead ore production rose significantly to $X in 2021 estimated in export price. The total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Lead Ore Exports

Exports in Eastern Asia

After four years of growth, overseas shipments of lead ores decreased by -X% to X tons in 2021. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, lead ore exports rose slightly to $X in 2021. Total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of lead ores, namely Democratic People's Republic of Korea, represented more than two-thirds of total export.

Democratic People's Republic of Korea was also the fastest-growing in terms of the lead ores exports, with a CAGR of +X% from 2012 to 2021. From 2012 to 2021, the share of Democratic People's Republic of Korea increased by +X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Democratic People's Republic of Korea ($X) also remains the largest lead ore supplier in Eastern Asia.

In Democratic People's Republic of Korea, lead ore exports expanded at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. Export price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lead ore export price decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Democratic People's Republic of Korea.

From 2012 to 2021, the rate of growth in terms of prices for Democratic People's Republic of Korea amounted to +X% per year.

Lead Ore Imports

Imports in Eastern Asia

After three years of growth, overseas purchases of lead ores decreased by -X% to X tons in 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. The volume of import peaked at X tons in 2020, and then contracted in the following year.

In value terms, lead ore imports rose rapidly to $X in 2021. In general, imports recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China was the main importing country with an import of about X tons, which accounted for X% of total imports. It was distantly followed by South Korea (X tons) and Japan (X tons), together mixing up a X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by South Korea (with a CAGR of +X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X), South Korea ($X) and Japan ($X) were the countries with the highest levels of imports in 2021, together accounting for X% of total imports.

Among the main importing countries, Japan, 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 a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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