Asia-Pacific: Articles Of Zinc Market 2024

Articles Of Zinc Market Size in Asia-Pacific

The Asia-Pacific articles of zinc market fell to $X in 2023, which is down by X% against the previous year. The total consumption indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2022, and then declined in the following year.

Articles Of Zinc Production in Asia-Pacific

In value terms, articles of zinc production totaled $X in 2023 estimated in export price. The total production indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Articles Of Zinc Exports

Exports in Asia-Pacific

In 2023, the amount of articles of zinc exported in Asia-Pacific fell to X tons, shrinking by X% compared with the year before. Over the period under review, exports saw a perceptible setback. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, articles of zinc exports declined significantly to $X in 2023. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, China (X tons), distantly followed by Taiwan (Chinese) (X tons), Malaysia (X tons), Thailand (X tons) and Singapore (X tons) represented the largest exporters of articles of zinc, together generating X% of total exports. The following exporters - South Korea (X tons), Myanmar (X tons) and Hong Kong SAR (X tons) - each reached a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Myanmar (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, China ($X), Taiwan (Chinese) ($X) and Singapore ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Malaysia, Hong Kong SAR, Thailand, South Korea and Myanmar lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Myanmar, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Asia-Pacific amounted to $X per ton, falling by X% against the previous year. Export price indicated notable growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2022, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Articles Of Zinc Imports

Imports in Asia-Pacific

In 2023, after two years of growth, there was significant decline in overseas purchases of articles of zinc, when their volume decreased by X% to X tons. In general, imports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, articles of zinc imports reduced to $X in 2023. Total imports indicated modest growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked at $X in 2022, and then reduced in the following year.

Imports by Country

In 2023, Japan (X tons), distantly followed by Thailand (X tons), Indonesia (X tons), Vietnam (X tons), Taiwan (Chinese) (X tons), Singapore (X tons) and China (X tons) were the main importers of articles of zinc, together comprising X% of total imports. The following importers - Malaysia (X tons), Australia (X tons), India (X tons), South Korea (X tons) and Lao People's Democratic Republic (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to articles of zinc imports into Japan stood at X%. At the same time, Vietnam (X%), Thailand (X%), Lao People's Democratic Republic (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2023. Indonesia experienced a relatively flat trend pattern. By contrast, Singapore (X%), China (X%), Australia (X%), Malaysia (X%), South Korea (X%) and India (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Japan, Thailand, Vietnam, Indonesia and Taiwan (Chinese) increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported articles of zinc in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Vietnam, with an X% share.

In Japan, articles of zinc imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: China (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2023, the import price in Asia-Pacific amounted to $X per ton, rising by X% against the previous year. Import price indicated a prominent increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, articles of zinc import price decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2021; however, from 2022 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform