Price for Zinc; Plates, Sheets, Strip and Foil in Estonia - 2023

Contents:

  1. Price for Zinc; Plates, Sheets, Strip and Foil in Estonia (CIF) - 2022
  2. Price for Zinc; Plates, Sheets, Strip and Foil in Estonia (FOB) - 2022
  3. Imports of Zinc; Plates, Sheets, Strip and Foil in Estonia
  4. Exports of Zinc; Plates, Sheets, Strip and Foil in Estonia

Price for Zinc; Plates, Sheets, Strip and Foil in Estonia (CIF) - 2022

In 2022, the average import price for zinc; plates, sheets, strip and foils amounted to $5,163 per ton, picking up by 16% against the previous year. In general, the import price recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of 259%. Over the period under review, average import prices attained the peak figure at $5,251 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 China ($23,754 per ton), while the price for Poland ($1,613 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Plates, Sheets, Strip and Foil in Estonia (FOB) - 2022

In 2022, the average export price for zinc; plates, sheets, strip and foils amounted to $5,849 per ton, flattening at the previous year. Overall, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 222%. The export price peaked at $7,013 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to +11.8% per year.

Imports of Zinc; Plates, Sheets, Strip and Foil in Estonia

In 2022, approx. 3.2 tons of zinc; plates, sheets, strip and foils were imported into Estonia; falling by -55.6% compared with the year before. In general, imports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 102% against the previous year. As a result, imports attained the peak of 7.2 tons, and then dropped sharply in the following year.

In value terms, imports of zinc; plates, sheets, strip and foils fell remarkably to $16K in 2022. Over the period under review, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 64% against the previous year. As a result, imports attained the peak of $30K, and then fell sharply in the following year.

Import of Zinc; Plates, Sheets, Strip and Foil in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.60.89.18.8144.8%
Sweden19.813.27.63.7-42.8%
PolandN/AN/A1.71.911.8%
China1.6N/AN/A1.4-4.4%
LatviaN/A0.311.90.529.1%
FinlandN/A4.30.1N/A-97.7%
Others3.5N/AN/AN/A0%
Total25.518.630.416.3-13.9%

Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to Estonia in 2022:

  1. Germany (1333.0 kg)
  2. Poland (1170.0 kg)
  3. Sweden (416.0 kg)
  4. Latvia (201.0 kg)
  5. China (61.0 kg)

Exports of Zinc; Plates, Sheets, Strip and Foil in Estonia

In 2022, the amount of zinc; plates, sheets, strip and foils exported from Estonia stood at 61 kg, approximately mirroring the previous year's figure. Overall, exports showed a dramatic shrinkage. The smallest decline of -58.9% was in 2020.

In value terms, exports of zinc; plates, sheets, strip and foils amounted to $357 in 2022. Over the period under review, exports continue to indicate a dramatic decline. The smallest decline of -43.7% was in 2020.

Export of Zinc; Plates, Sheets, Strip and Foil in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A1.7N/AN/A0%
Norway0.1N/AN/AN/A0%
Sweden5.1N/AN/AN/A0%
United KingdomN/AN/AN/AN/A0%
Finland2.22.6N/AN/A18.2%
Others0.3N/AN/A0.30.0%
Total7.74.4N/A0.4-62.7%

Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from Estonia in 2022:

  1. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform

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