Europe: Zinc Oxide Market 2024

Zinc Oxide Market Size in Europe

In 2022, the Europe 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 notable expansion 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 attained the peak level and is likely to continue growth in the immediate term.

Zinc Oxide Production in Europe

In value terms, zinc oxide production expanded significantly to $X in 2022 estimated in export price. The total production indicated a strong 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 growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level in 2022 and is likely to see steady growth in years to come.

Zinc Oxide Exports

Exports in Europe

In 2022, approx. X tons of zinc oxide and zinc peroxide were exported in Europe; with a decrease of X% compared with the previous year. Over the period under review, exports showed a pronounced decline. 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 reduced to $X in 2022. Total exports indicated a perceptible 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 pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) and Belgium (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Italy (X tons), Poland (X tons), Russia (X tons), Germany (X tons) and Spain (X tons), together generating a X% share of total exports.

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

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

In the Netherlands, zinc oxide exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (X% per year) and Italy (X% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, growing by X% against the previous year. Export price indicated a prominent expansion 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 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 Europe

In 2022, the amount of zinc oxide and zinc peroxide imported in Europe contracted to X tons, dropping by X% against 2021 figures. Over the period under review, imports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, zinc oxide imports reached $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of zinc oxide imports in 2022 were 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), together recording X% of total import. The following importers - Hungary (X tons), Luxembourg (X tons), Denmark (X tons), Romania (X tons) and Slovenia (X tons) - each finished at a X% share of total imports.

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

In value terms, Germany ($X), Spain ($X) and France ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Poland, Italy, the Czech Republic, the Netherlands, Belgium, Hungary, Luxembourg, Romania, Denmark and Slovenia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Luxembourg, with a CAGR of X%, recorded the highest growth rate of 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 import price in Europe amounted to $X per ton, surging by X% against the previous year. Import price indicated a remarkable 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. Over the period under review, import prices hit record highs in 2022 and is expected to retain 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 Romania ($X per ton), while Belgium ($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