World - Unwrought Zinc Alloys - Market Analysis, Forecast, Size, Trends And Insights
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The global market for unwrought zinc alloys is anticipated to show steady growth over the next eight years, with consumption trends, production figures, and import/export statistics all playing a role in shaping the market. From 2022 to 2030, both volume and value are expected to increase at a CAGR of +3.1% and +5.5%, respectively. The article provides detailed insights into the consumption patterns, production volumes, and import/export trends in the global market for unwrought zinc alloys.
Market Forecast
Driven by increasing demand for unwrought zinc alloys worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +3.1% for the period from 2022 to 2030, which is projected to bring the market volume to 9.7M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +5.5% for the period from 2022 to 2030, which is projected to bring the market value to $31B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Unwrought Zinc Alloys
In 2022, after ten years of growth, there was significant decline in consumption of unwrought zinc alloys, when its volume decreased by -16.6% to 7.6M tons. Overall, the total consumption indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +55.3% against 2012 indices. As a result, consumption attained the peak volume of 9.2M tons, and then reduced rapidly in the following year.
The global zinc alloys market revenue shrank markedly to $20.2B in 2022, declining by -19.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +5.7% against 2020 indices. Global consumption peaked at $24.9B in 2021, and then contracted sharply in the following year.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (1.5M tons), the United States (894K tons) and India (632K tons), with a combined 40% share of global consumption. Russia, Japan, Brazil, Germany, Mexico, Ethiopia, Iran, the UK and South Korea lagged somewhat behind, together accounting for a further 26%.
From 2012 to 2022, the biggest increases were recorded for Ethiopia (with a CAGR of +9.1%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the largest zinc alloys markets worldwide were China ($4.3B), the United States ($2.5B) and India ($1.7B), with a combined 42% share of the global market. Russia, Brazil, Japan, Germany, Mexico, Iran, Ethiopia, South Korea and the UK lagged somewhat behind, together accounting for a further 24%.
In terms of the main consuming countries, Ethiopia, with a CAGR of +14.2%, recorded the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of zinc alloys per capita consumption in 2022 were Germany (2.7 kg per person), the United States (2.7 kg per person) and Russia (2.4 kg per person).
From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +6.3%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Unwrought Zinc Alloys
In 2022, production of unwrought zinc alloys decreased by -16.4% to 7.6M tons for the first time since 2019, thus ending a two-year rising trend. Overall, the total production indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +57.1% against 2013 indices. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, production reached the peak volume of 9.1M tons, and then reduced remarkably in the following year.
In value terms, zinc alloys production stood at $19.2B in 2022 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 36% against the previous year. Over the period under review, global production attained the maximum level at $20.4B in 2018; however, from 2019 to 2022, production failed to regain momentum.
Production By Country
The countries with the highest volumes of production in 2022 were China (1.5M tons), the United States (935K tons) and India (616K tons), with a combined 40% share of global production. Russia, Japan, Brazil, South Korea, Mexico, Ethiopia, Spain, Belgium, Germany and Iran lagged somewhat behind, together accounting for a further 29%.
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Ethiopia (with a CAGR of +9.1%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Unwrought Zinc Alloys
In 2022, the amount of unwrought zinc alloys imported worldwide dropped sharply to 765K tons, shrinking by -15.5% compared with 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 20%. Over the period under review, global imports hit record highs at 919K tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.
In value terms, zinc alloys imports totaled $2.8B in 2022. Overall, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. Global imports peaked at $2.9B in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.
Imports By Country
The countries with the highest levels of zinc alloys imports in 2022 were Germany (96K tons), Italy (85K tons) and China (63K tons), together amounting to 32% of total import. Vietnam (40K tons) took a 5.2% share (based on physical terms) of total imports, which put it in second place, followed by the Netherlands (4.6%). France (33K tons), Thailand (29K tons), Belgium (28K tons), Austria (28K tons), Taiwan (Chinese) (27K tons), Poland (22K tons), Australia (22K tons) and Russia (21K tons) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Australia (with a CAGR of +35.7%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, Germany ($354M), Italy ($325M) and China ($217M) were the countries with the highest levels of imports in 2022, together accounting for 31% of global imports. Vietnam, the Netherlands, France, Belgium, Austria, Thailand, Taiwan (Chinese), Poland, Russia and Australia lagged somewhat behind, together accounting for a further 37%.
In terms of the main importing countries, Australia, with a CAGR of +35.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2022, the average zinc alloys import price amounted to $3,716 per ton, surging by 19% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc alloys import price increased by +46.8% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Poland ($4,011 per ton), while Australia ($2,163 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.9%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Unwrought Zinc Alloys
In 2022, the amount of unwrought zinc alloys exported worldwide declined to 734K tons, waning by -13.4% compared with the previous year's figure. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 40%. As a result, the exports attained the peak of 848K tons, and then fell in the following year.
In value terms, zinc alloys exports reached $2.7B in 2022. In general, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 73% against the previous year. Over the period under review, the global exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
Exports By Country
The biggest shipments were from Spain (133K tons), South Korea (101K tons), Australia (101K tons) and Belgium (99K tons), together resulting at 59% of total export. It was distantly followed by the United States (44K tons), achieving a 6.1% share of total exports. The Netherlands (32K tons), Norway (30K tons), Japan (29K tons), Germany (25K tons), Hong Kong SAR (23K tons), Kazakhstan (22K tons), Slovakia (15K tons) and Italy (12K tons) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kazakhstan (with a CAGR of +18.4%), while the other global leaders experienced more modest paces of growth.
In value terms, Spain ($472M), Belgium ($390M) and South Korea ($387M) appeared to be the countries with the highest levels of exports in 2022, with a combined 47% share of global exports. Australia, the United States, the Netherlands, Japan, Norway, Germany, Hong Kong SAR, Kazakhstan, Slovakia and Italy lagged somewhat behind, together accounting for a further 44%.
In terms of the main exporting countries, Kazakhstan, with a CAGR of +26.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
The average zinc alloys export price stood at $3,647 per ton in 2022, jumping by 17% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc alloys export price increased by +45.5% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 31% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($4,443 per ton), while the United States ($2,807 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.0%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global zinc alloys market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24431250 - Unwrought zinc alloys (excluding zinc dust, powders and flakes)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global zinc alloys market.
This report provides an in-depth analysis of the global zinc market.
This report provides an in-depth analysis of the global zinc market.
In January 2022, the average annual zinc price $3,599 per ton, picking up 6% from December 2021. The price is forecast to ease 4% y/y to approx. $2,880 per ton in 2022 due to excessive market supply.
Explore the world's best import markets for zinc, including the United States, Turkey, Germany, and more. Get key statistics and figures on zinc imports from IndexBox platform.
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...
In 2016, the global zinc imports totaled X tons, approximately mirroring the previous year figure. In general, zinc imports continue to indicate a relatively flat trend pattern. The pace of growt...