CIS: Articles Of Zinc Market 2024

Articles Of Zinc Market Size in CIS

The CIS articles of zinc market fell modestly to $X in 2023, which is down by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market remained at a lower figure.

Articles Of Zinc Production in CIS

In value terms, articles of zinc production expanded slightly to $X in 2023 estimated in export price. The total production indicated a moderate increase 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. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2023, production growth remained at a lower figure.

Articles Of Zinc Exports

Exports in CIS

In 2023, approx. X tons of articles of zinc were exported in the CIS; with a decrease of X% compared with 2022. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, articles of zinc exports soared to $X in 2023. In general, exports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Russia represented the major exporter of articles of zinc in the CIS, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. It was distantly followed by Moldova (X tons), Uzbekistan (X tons), Belarus (X tons) and Kazakhstan (X tons), together comprising a X% share of total exports. Armenia (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to articles of zinc exports from Russia stood at X%. At the same time, Kazakhstan (X%), Belarus (X%) and Moldova (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2023. By contrast, Armenia (X%) and Uzbekistan (X%) illustrated a downward trend over the same period. Moldova (X p.p.), Uzbekistan (X p.p.), Belarus (X p.p.), Kazakhstan (X p.p.) and Armenia (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Russia ($X) emerged as the largest articles of zinc supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Moldova ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Russia stood at X%. In the other countries, the average annual rates were as follows: Moldova (X% per year) and Belarus (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2023, growing by X% against the previous year. Overall, the export price recorded resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

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

Articles Of Zinc Imports

Imports in CIS

In 2023, articles of zinc imports in the CIS surged to X tons, rising by X% on 2022 figures. Over the period under review, imports, however, continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, articles of zinc imports surged to $X in 2023. Total imports indicated a slight expansion 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, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Russia (X tons) represented the major importer of articles of zinc, constituting X% of total imports. Kazakhstan (X tons) held the second position in the ranking, distantly followed by Belarus (X tons). All these countries together held near X% share of total imports. The following importers - Armenia (X tons) and Moldova (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 Russia stood at X%. At the same time, Armenia (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. By contrast, Moldova (X%) and Belarus (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Russia, Kazakhstan and Armenia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported articles of zinc in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with an X% share.

In Russia, articles of zinc imports remained relatively stable over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2023, the import price in the CIS amounted to $X per ton, declining by X% against the previous year. Import price indicated a notable expansion 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. Based on 2023 figures, articles of zinc import price increased by X% against 2021 indices. The growth pace was the most rapid in 2022 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined markedly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Moldova ($X per ton), while Armenia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform