EU: Articles Of Zinc Market 2024

Articles Of Zinc Market Size in the EU

In 2021, the EU articles of zinc market decreased by -10.6% to $X, falling for the third year in a row after two years of growth. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Articles Of Zinc Production in the EU

In value terms, articles of zinc production expanded significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 27%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Articles Of Zinc Exports

Exports in the EU

In 2021, shipments abroad of articles of zinc was finally on the rise to reach X tons after six years of decline. The total export volume increased at an average annual rate of +1.1% 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 2014 with an increase of 27%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, articles of zinc exports soared to $X in 2021. The total export value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Germany (X tons), distantly followed by Italy (X tons), Sweden (X tons), Austria (X tons), France (X tons) and the Czech Republic (X tons) represented the key exporters of articles of zinc, together generating 75% of total exports. Poland (X tons), Spain (X tons), Slovakia (X tons), Hungary (X tons), Belgium (X tons) and Denmark (X tons) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +17.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest articles of zinc supplier in the European Union, comprising 31% of total exports. The second position in the ranking was taken by Italy ($X), with a 14% share of total exports. It was followed by Austria, with a 9.8% share.

In Germany, articles of zinc exports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Italy (+3.1% per year) and Austria (-5.3% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, picking up by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2017 an increase of 16% against the previous year. Over the period under review, the export prices reached the maximum in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+8.7%), while the other leaders experienced more modest paces of growth.

Articles Of Zinc Imports

Imports in the EU

In 2021, purchases abroad of articles of zinc was finally on the rise to reach X tons after three years of decline. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, articles of zinc imports surged to $X in 2021. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Poland (X tons) and France (X tons) represented roughly 44% of total imports in 2021. Belgium (X tons) held a 7.6% share (based on physical terms) of total imports, which put it in second place, followed by Italy (5.6%), the Netherlands (5.4%), Austria (5.2%), Romania (5.1%) and Hungary (5%). Denmark (X tons), the Czech Republic (X tons), Slovakia (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of +14.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Poland ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 47% of total imports.

In terms of the main importing countries, Poland, with a CAGR of +13.9%, saw 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 2021, the import price in the European Union amounted to $X per ton, picking up by 5.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2017 an increase of 12% against the previous year. Over the period under review, import prices reached the maximum in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Spain ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+7.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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