Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hungary - 2023

Contents:

  1. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hungary (CIF) - 2023
  2. Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hungary (FOB) - 2022
  3. Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hungary
  4. Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hungary

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hungary (CIF) - 2023

In October 2023, the average import price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs amounted to $3,556 per ton, increasing by 2.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in November 2022 an increase of 11% month-to-month. The import price peaked at $3,691 per ton in April 2023; however, from May 2023 to October 2023, import prices stood at a somewhat lower figure.

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

From October 2022 to October 2023, the rate of growth in terms of prices for Austria amounted to +1.3% per month.

Price for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hungary (FOB) - 2022

The average export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs stood at $2,068 per ton in 2022, shrinking by -9.6% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by -21.5% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 56%. As a result, the export price reached the peak level of $2,635 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($3,421 per ton), while the average price for exports to Poland totaled $2,062 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.0%).

Imports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hungary

In 2022, overseas purchases of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs decreased by -32% to 5.8K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, imports reached the peak of 8.7K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs dropped remarkably to $20M in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $26M, and then fell remarkably in the following year.

Import of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria7.79.211.610.510.9%
Poland10.711.213.68.6-7.0%
Germany1.01.00.10.6-15.7%
Others0.1N/A0.3N/A73.2%
Total19.521.425.619.70.3%

Top Suppliers of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc to Hungary in 2022:

  1. Austria (3.4K tons)
  2. Poland (2.1K tons)
  3. Germany (0.2K tons)

Exports of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hungary

In 2022, the amount of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs exported from Hungary skyrocketed to 550 tons, jumping by 153% compared with the previous year. Over the period under review, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 34,884% against the previous year.

In value terms, exports of zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zincs skyrocketed to $1.1M in 2022. In general, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 30,279% against the previous year.

Export of Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1.5N/A0.51.1-9.8%
OthersN/AN/AN/AN/A0%
Total1.5N/A0.51.1-9.8%

Top Export Markets for Zinc; Unwrought, (Not Alloyed), Containing by Weight Less than 99.99% of Zinc from Hungary in 2022:

  1. Poland (547.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Zinc; unwrought, (not alloyed), containing by weight less than 99.99% of zinc - Hungary