EU: Zinc Oxide Market 2024

Zinc Oxide Market Size in the EU

In 2022, the EU zinc oxide market increased by X% to $X, rising for the second year in a row after two years of decline. The total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Zinc Oxide Production in the EU

In value terms, zinc oxide production rose remarkably to $X in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked in 2022 and is expected to retain growth in the near future.

Zinc Oxide Exports

Exports in the EU

In 2022, exports of zinc oxide and zinc peroxide in the European Union reduced notably to X tons, which is down by X% on the previous year. In general, exports showed a noticeable descent. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, zinc oxide exports fell significantly to $X in 2022. Total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, the Netherlands (X tons) and Belgium (X tons) represented the major exporters of zinc oxide and zinc peroxide in the European Union, together reaching approx. X% of total exports. Italy (X tons) ranks next in terms of the total exports with a X% share, followed by Poland (X%), Germany (X%) and Spain (X%). Slovakia (X tons) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the largest zinc oxide supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by Italy, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands totaled X%. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Italy (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc oxide export price increased by X% against 2020 indices. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Zinc Oxide Imports

Imports in the EU

In 2022, approx. X tons of zinc oxide and zinc peroxide were imported in the European Union; with a decrease of X% on the previous year. In general, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, zinc oxide imports rose notably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Spain (X tons), Germany (X tons), Belgium (X tons), Poland (X tons), France (X tons), the Netherlands (X tons), Italy (X tons) and the Czech Republic (X tons) represented roughly X% of total imports in 2022.

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

In value terms, the largest zinc oxide importing markets in the European Union were Germany ($X), Spain ($X) and France ($X), with a combined X% share of total imports. Poland, Italy, the Czech Republic, the Netherlands and Belgium lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, with an increase of X% against the previous year. Import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc oxide import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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