Price for Zinc; Bars, Rods, Profiles and Wire in Estonia - 2023
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in Estonia (CIF) - 2023
- Price for Zinc; Bars, Rods, Profiles and Wire in Estonia (FOB) - 2022
- Imports of Zinc; Bars, Rods, Profiles and Wire in Estonia
- Exports of Zinc; Bars, Rods, Profiles and Wire in Estonia
Price for Zinc; Bars, Rods, Profiles and Wire in Estonia (CIF) - 2023
In November 2023, the average import price for zinc; bars, rods, profiles and wires amounted to $3,317 per ton, shrinking by -2.3% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 16% m-o-m. Over the period under review, average import prices reached the peak figure at $4,097 per ton in February 2023; however, from March 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($6,612 per ton), while the price for Finland amounted to $3,315 per ton.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+17.7%).
Price for Zinc; Bars, Rods, Profiles and Wire in Estonia (FOB) - 2022
The average export price for zinc; bars, rods, profiles and wires stood at $12,729 per ton in 2022, rising by 442% against the previous year. Overall, the export price continues to indicate a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($107,297 per ton), while the average price for exports to Finland ($2,073 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 Russia (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Zinc; Bars, Rods, Profiles and Wire in Estonia
In 2022, approx. 1K tons of zinc; bars, rods, profiles and wires were imported into Estonia; picking up by 15% against the year before. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of zinc; bars, rods, profiles and wires soared to $3.7M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 35%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Zinc; Bars, Rods, Profiles and Wire in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 1,914 | 1,931 | 2,709 | 3,570 | 23.1% |
| Lithuania | 44.8 | 35.5 | 2.0 | 66.8 | 14.2% |
| Belgium | 492 | 0.3 | 0.7 | 1.0 | -87.3% |
| Others | 58.8 | 123 | 116 | 16.0 | -35.2% |
| Total | 2,509 | 2,089 | 2,827 | 3,654 | 13.4% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Estonia in 2022:
- Finland (972.9 tons)
- Lithuania (41.1 tons)
- Belgium (0.1 tons)
Exports of Zinc; Bars, Rods, Profiles and Wire in Estonia
In 2022, overseas shipments of zinc; bars, rods, profiles and wires were finally on the rise to reach 12 tons after two years of decline. In general, exports, however, showed a sharp slump.
In value terms, exports of zinc; bars, rods, profiles and wires skyrocketed to $150K in 2022. Over the period under review, exports, however, continue to indicate a deep setback.
| Export of Zinc; Bars, Rods, Profiles and Wire in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 107 | 0% |
| Kazakhstan | N/A | N/A | N/A | 28.2 | 0% |
| Finland | 29.1 | 12.7 | 13.2 | 14.1 | -21.5% |
| United States | 203 | N/A | N/A | N/A | 0% |
| Others | 24.7 | 2.6 | 1.8 | 0.8 | -68.1% |
| Total | 257 | 15.3 | 14.9 | 150 | -16.4% |
Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Estonia in 2022:
- Finland (6.8 tons)
- Russia (4.6 tons)
- Kazakhstan (0.3 tons)
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