Price for Zinc; Bars, Rods, Profiles and Wire in Poland - 2023

Contents:

1. Price for Zinc; Bars, Rods, Profiles and Wire in Poland (CIF) - 2023
2. Price for Zinc; Bars, Rods, Profiles and Wire in Poland (FOB) - 2023
3. Imports of Zinc; Bars, Rods, Profiles and Wire in Poland
4. Exports of Zinc; Bars, Rods, Profiles and Wire in Poland

Price for Zinc; Bars, Rods, Profiles and Wire in Poland (CIF) - 2023

The average import price for zinc; bars, rods, profiles and wires stood at $3,740 per ton in November 2023, with a decrease of -20.2% against the previous month. Over the period under review, the import price showed a noticeable slump. The growth pace was the most rapid in June 2023 an increase of 44% m-o-m. The import price peaked at $4,868 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to November 2023, the rate of growth in terms of prices for the Netherlands amounted to +2.3% per month.

Price for Zinc; Bars, Rods, Profiles and Wire in Poland (FOB) - 2023

In November 2023, the average export price for zinc; bars, rods, profiles and wires amounted to $1,622 per ton, dropping by -55.7% against the previous month. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 29% against the previous month. The export price peaked at $4,590 per ton in March 2023; however, from April 2023 to November 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In November 2023, the country with the highest price was Belarus ($5,297 per ton), while the average price for exports to Ukraine ($4,282 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Zinc; Bars, Rods, Profiles and Wire in Poland

In 2022, purchases abroad of zinc; bars, rods, profiles and wires decreased by -16% to 2.7K tons, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 4.4%. As a result, imports attained the peak of 3.3K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of zinc; bars, rods, profiles and wires reduced to $13M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. As a result, imports reached the peak of $14M, and then reduced in the following year.

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Poland in 2022:

1. Germany (1345.5 tons)
2. Finland (1294.7 tons)
3. Czech Republic (8.9 tons)

Exports of Zinc; Bars, Rods, Profiles and Wire in Poland

Exports of zinc; bars, rods, profiles and wires from Poland fell to 1.5K tons in 2022, waning by -11.4% on 2021. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 4%.

In value terms, exports of zinc; bars, rods, profiles and wires stood at $7.1M in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Poland in 2022:

1. Portugal (353.0 tons)
2. Spain (271.5 tons)
3. Germany (186.9 tons)
4. Italy (144.2 tons)
5. Czech Republic (110.5 tons)
6. Russia (109.7 tons)
7. Belarus (70.9 tons)
8. France (46.9 tons)
9. Norway (35.0 tons)
10. Ukraine (13.9 tons)
11. Denmark (10.7 tons)
12. Turkey (4.7 tons)
13. Switzerland (2.0 tons)

Source: IndexBox Market Intelligence Platform