Price for Zinc; Powders and Flakes in Norway - 2023

Contents:

1. Price for Zinc; Powders and Flakes in Norway (FOB) - 2022
2. Price for Zinc; Powders and Flakes in Norway (CIF) - 2022
3. Exports of Zinc; Powders and Flakes in Norway
4. Imports of Zinc; Powders and Flakes in Norway

Price for Zinc; Powders and Flakes in Norway (FOB) - 2022

The average zinc; powders and flakes export price stood at $3,652 per ton in 2022, growing by 18% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2021 an increase of 70% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,327 per ton), while the average price for exports to Israel ($1,005 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 Belgium (+7.7%), while the prices for the other major destinations experienced a decline.

Price for Zinc; Powders and Flakes in Norway (CIF) - 2022

In 2022, the average zinc; powders and flakes import price amounted to $10,096 per ton, picking up by 22% against the previous year. Over the period under review, the import price, however, recorded a slight contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 123% against the previous year. The import price peaked at $24,500 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 the UK ($46,594 per ton), while the price for the Netherlands ($7,221 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Zinc; Powders and Flakes in Norway

In 2022, shipments abroad of zinc; powders and flakeses decreased by -1.4% to 380 tons, falling for the second consecutive year after two years of growth. In general, exports saw a mild decline. The most prominent rate of growth was recorded in 2020 when exports increased by 122% against the previous year. As a result, the exports attained the peak of 885 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, zinc; powders and flakes exports soared to $1.4M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.8% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 91% against the previous year. As a result, the exports attained the peak of $1.6M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Zinc; Powders and Flakes from Norway in 2022:

1. Belgium (286.2 tons)
2. United States (72.0 tons)
3. Israel (21.2 tons)

Imports of Zinc; Powders and Flakes in Norway

In 2022, approx. 3.9 tons of zinc; powders and flakeses were imported into Norway; reducing by -60.2% against 2021 figures. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 3,210% against the previous year. As a result, imports reached the peak of 9.7 tons, and then shrank notably in the following year.

In value terms, zinc; powders and flakes imports shrank sharply to $39K in 2022. Over the period under review, imports, however, enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2021 when imports increased by 1,254%. As a result, imports reached the peak of $81K, and then contracted notably in the following year.

Top Suppliers of Zinc; Powders and Flakes to Norway in 2022:

1. Israel (3500.0 kg)
2. Germany (194.0 kg)
3. Netherlands (124.0 kg)
4. United States (3.0 kg)

Source: IndexBox Market Intelligence Platform