Eastern Asia: Unwrought Zinc Alloys Market 2025

Unwrought Zinc Alloys Market Size in Eastern Asia

The East Asian unwrought zinc alloys market rose slightly to $X in 2022, growing by 3.5% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +6.6% against 2019 indices. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in the immediate term.

Unwrought Zinc Alloys Production in Eastern Asia

In value terms, unwrought zinc alloys production amounted to $X in 2022 estimated in export price. Overall, production posted a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of 44%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Unwrought Zinc Alloys Exports

Exports in Eastern Asia

In 2022, the amount of unwrought zinc alloys exported in Eastern Asia reduced remarkably to X tons, declining by -27.6% compared with 2021 figures. Over the period under review, exports recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, unwrought zinc alloys exports shrank to $X in 2022. Total exports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 +26.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

South Korea was the largest exporter of unwrought zinc alloys in Eastern Asia, with the volume of exports resulting at X tons, which was approx. 61% of total exports in 2022. Japan (X tons) ranks second in terms of the total exports with a 17% share, followed by Hong Kong SAR (14%) and Taiwan (Chinese) (6.3%).

Exports from South Korea increased at an average annual rate of +2.5% from 2012 to 2022. At the same time, Japan (+4.4%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +4.4% from 2012-2022. Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-13.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Korea, Japan and Taiwan (Chinese) increased by +22, +8 and +1.5 percentage points, respectively.

In value terms, South Korea ($X) remains the largest unwrought zinc alloys supplier in Eastern Asia, comprising 64% of total exports. The second position in the ranking was taken by Japan ($X), with a 16% share of total exports. It was followed by Hong Kong SAR, with a 14% share.

From 2012 to 2022, the average annual growth rate of value in South Korea amounted to +8.9%. In the other countries, the average annual rates were as follows: Japan (+9.4% per year) and Hong Kong SAR (-8.8% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, increasing by 18% against the previous year. Export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.2% 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 +46.9% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 26%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in South Korea ($X per ton) and Hong Kong SAR ($X per ton), while Taiwan (Chinese) ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.2%), while the other leaders experienced more modest paces of growth.

Unwrought Zinc Alloys Imports

Imports in Eastern Asia

In 2022, approx. X tons of unwrought zinc alloys were imported in Eastern Asia; falling by -36.5% on the previous year's figure. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, unwrought zinc alloys imports fell rapidly to $X in 2022. Overall, imports showed a pronounced shrinkage. The growth pace was the most rapid in 2021 when imports increased by 46%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

China represented the largest importer of unwrought zinc alloys in Eastern Asia, with the volume of imports reaching X tons, which was near 58% of total imports in 2022. Taiwan (Chinese) (X tons) ranks second in terms of the total imports with a 27% share, followed by Hong Kong SAR (14%).

From 2012 to 2022, average annual rates of growth with regard to unwrought zinc alloys imports into China stood at -7.2%. Taiwan (Chinese) experienced a relatively flat trend pattern. Hong Kong SAR (-15.6%) illustrated a downward trend over the same period. While the share of Taiwan (Chinese) (+16 p.p.) and China (+4.3 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Hong Kong SAR (-20.2 p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported unwrought zinc alloys in Eastern Asia, comprising 61% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 23% share of total imports.

In China, unwrought zinc alloys imports declined by an average annual rate of -3.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+3.3% per year) and Hong Kong SAR (-11.5% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, rising by 8.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2017 an increase of 28% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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