Russian Federation: Zinc Oxide Market 2025

Zinc Oxide Market Size in the Russian Federation

The Russian zinc oxide market rose sharply to $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated a slight 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 2019 indices. Zinc oxide consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Zinc Oxide Production in the Russian Federation

In value terms, zinc oxide production expanded modestly to $X in 2022 estimated in export price. In general, the total production indicated a mild 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 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Zinc Oxide Exports

Exports from the Russian Federation

In 2022, the amount of zinc oxide and zinc peroxide exported from Russia reduced notably to X tons, waning by X% on the year before. In general, exports, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then fell sharply in the following year.

In value terms, zinc oxide exports declined remarkably to $X in 2022. Over the period under review, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then declined notably in the following year.

Exports by Country

Kazakhstan (X tons), Germany (X tons) and Belarus (X tons) were the main destinations of zinc oxide exports from Russia, with a combined X% share of total exports. Serbia, Ukraine, Finland and Hungary lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X), Belarus ($X) and Kazakhstan ($X) constituted the largest markets for zinc oxide exported from Russia worldwide, together comprising X% of total exports. Ukraine, Serbia, Hungary and Finland lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average zinc oxide export price stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Oxide Imports

Imports into the Russian Federation

In 2022, imports of zinc oxide and zinc peroxide into Russia shrank modestly to X tons, waning by X% against 2021. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, zinc oxide imports dropped to $X in 2022. Overall, imports, however, recorded pronounced growth. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Mexico (X tons) constituted the largest zinc oxide supplier to Russia, accounting for a X% share of total imports. Moreover, zinc oxide imports from Mexico exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. The third position in this ranking was held by the Netherlands (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the Netherlands (X% per year).

In value terms, Mexico ($X) constituted the largest supplier of zinc oxide and zinc peroxide to Russia, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with an X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Mexico totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average zinc oxide import price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a mild setback. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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