Price for Zinc; Bars, Rods, Profiles and Wire in Turkey - 2024
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in Turkey (CIF) - 2022
- Price for Zinc; Bars, Rods, Profiles and Wire in Turkey (FOB) - 2022
- Imports of Zinc; Bars, Rods, Profiles and Wire in Turkey
- Exports of Zinc; Bars, Rods, Profiles and Wire in Turkey
Price for Zinc; Bars, Rods, Profiles and Wire in Turkey (CIF) - 2022
The average import price for zinc; bars, rods, profiles and wires stood at $4,382 per ton in 2022, rising by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 35% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($6,620 per ton), while the price for India ($3,857 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Zinc; Bars, Rods, Profiles and Wire in Turkey (FOB) - 2022
The average export price for zinc; bars, rods, profiles and wires stood at $6,645 per ton in 2022, jumping by 39% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 199%. Over the period under review, the average 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 for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($8,611 per ton), while the average price for exports to Azerbaijan ($1,476 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 Israel (+54.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Zinc; Bars, Rods, Profiles and Wire in Turkey
In 2022, purchases abroad of zinc; bars, rods, profiles and wires was finally on the rise to reach 853 tons after two years of decline. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of zinc; bars, rods, profiles and wires skyrocketed to $3.7M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Zinc; Bars, Rods, Profiles and Wire in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,609 | 1,503 | 2,068 | 2,381 | 14.0% |
| India | 17.3 | 38.9 | 48.9 | 762 | 253.2% |
| Slovenia | 6.0 | 336 | 217 | 273 | 257.0% |
| Portugal | 42.8 | 77.8 | 91.3 | 114 | 38.6% |
| Poland | 798 | 58.3 | 87.4 | 102 | -49.6% |
| China | 116 | 424 | 290 | 57.1 | -21.0% |
| Others | 25.6 | 20.3 | 17.9 | 51.0 | 25.8% |
| Total | 2,614 | 2,458 | 2,820 | 3,740 | 12.7% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Turkey in 2022:
- Germany (541.9 tons)
- India (197.5 tons)
- Slovenia (59.9 tons)
- Portugal (20.0 tons)
- Poland (15.4 tons)
- China (11.9 tons)
Exports of Zinc; Bars, Rods, Profiles and Wire in Turkey
In 2022, the amount of zinc; bars, rods, profiles and wires exported from Turkey surged to 250 tons, increasing by 35% against 2021. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 86%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of zinc; bars, rods, profiles and wires skyrocketed to $1.7M in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Zinc; Bars, Rods, Profiles and Wire in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 343 | 356 | 574 | 890 | 37.4% |
| Russia | N/A | 1.1 | N/A | 399 | 1804.5% |
| Qatar | N/A | 18.4 | 155 | 188 | 219.6% |
| Iran | 8.7 | 0.2 | N/A | 31.8 | 54.0% |
| Azerbaijan | 18.8 | N/A | 58.2 | 23.2 | 7.3% |
| Georgia | 19.0 | N/A | 50.0 | 17.7 | -2.3% |
| Bulgaria | 2.5 | 379 | 20.1 | 0.8 | -31.6% |
| Others | 83.4 | 69.6 | 26.5 | 108 | 9.0% |
| Total | 475 | 824 | 884 | 1,659 | 51.7% |
Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Turkey in 2022:
- United States (105.2 tons)
- Russia (78.5 tons)
- Qatar (21.8 tons)
- Azerbaijan (15.7 tons)
- Iran (6.7 tons)
- Georgia (3.2 tons)
- Bulgaria (0.4 tons)
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