World - Articles Of Zinc - Market Analysis, Forecast, Size, Trends And Insights
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The articles of zinc market is projected to see growth in both volume and value over the next eight years, with a forecasted CAGR of +1.7% for volume and +3.2% for value from 2022 to 2030. In 2022, consumption and production both increased for the first time in several years. The top consuming and producing countries include China, the United States, and India. Global exports and imports of articles of zinc have fluctuated over the years, with prices varying by country. The market is expected to continue growing in the near future, with some countries experiencing more rapid growth rates than others.
Market Forecast
Driven by increasing demand for articles of zinc worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.7% for the period from 2022 to 2030, which is projected to bring the market volume to 2.1M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +3.2% for the period from 2022 to 2030, which is projected to bring the market value to $15.3B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Articles Of Zinc
In 2022, consumption of articles of zinc increased by 1.3% to 1.8M tons for the first time since 2019, thus ending a two-year declining trend. The total consumption volume increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, global consumption attained the maximum volume at 1.9M tons in 2019; however, from 2020 to 2022, consumption failed to regain momentum.
The global articles of zinc market value expanded slightly to $11.9B in 2022, increasing by 2.6% 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). The market value increased at an average annual rate of +3.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked in 2022 and is expected to retain growth in the immediate term.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (455K tons), the United States (270K tons) and India (181K tons), with a combined 50% share of global consumption. Russia, Italy, Turkey, Ethiopia, Germany, Canada, South Korea, Saudi Arabia, France and Thailand lagged somewhat behind, together accounting for a further 23%.
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Saudi Arabia (with a CAGR of +4.5%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the largest articles of zinc markets worldwide were China ($3.4B), the United States ($2.4B) and India ($1.1B), together accounting for 57% of the global market. Germany, Canada, South Korea, Russia, Turkey, Ethiopia, France, Italy, Thailand and Saudi Arabia lagged somewhat behind, together comprising a further 16%.
Among the main consuming countries, Turkey, with a CAGR of +6.5%, 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 articles of zinc per capita consumption in 2022 were Canada (953 kg per 1000 persons), Saudi Arabia (853 kg per 1000 persons) and Italy (840 kg per 1000 persons).
From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +3.2%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Articles Of Zinc
In 2022, production of articles of zinc increased by 1.7% to 1.8M tons for the first time since 2018, thus ending a three-year declining trend. The total output volume increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 13% against the previous year. Over the period under review, global production attained the peak volume at 1.9M tons in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.
In value terms, articles of zinc production expanded slightly to $11.9B in 2022 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +52.7% against 2012 indices. The growth pace was the most rapid in 2017 when the production volume increased by 19% against the previous year. Global production peaked in 2022 and is likely to continue growth in the near future.
Production By Country
The countries with the highest volumes of production in 2022 were China (470K tons), the United States (247K tons) and India (182K tons), together accounting for 50% of global production. Russia, Italy, Germany, Ethiopia, Turkey, Canada, South Korea, Saudi Arabia and Thailand lagged somewhat behind, together accounting for a further 23%.
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Saudi Arabia (with a CAGR of +4.1%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Articles Of Zinc
In 2022, global articles of zinc imports contracted to 198K tons, which is down by -8.1% on the year before. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of 215K tons, and then declined in the following year.
In value terms, articles of zinc imports fell modestly to $1.6B in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year. As a result, imports reached the peak of $1.6B, leveling off in the following year.
Imports By Country
In 2022, the United States (33K tons), distantly followed by Germany (18K tons), Japan (11K tons), France (11K tons), Poland (10K tons) and Oman (9.3K tons) were the largest importers of articles of zinc, together generating 46% of total imports. Mexico (6.4K tons), Belgium (6.3K tons), Italy (4.6K tons), Romania (4.5K tons), Denmark (4.3K tons), Hungary (4.2K tons) and the Czech Republic (4.1K tons) held a relatively small share of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Oman (with a CAGR of +32.6%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the largest articles of zinc importing markets worldwide were the United States ($293M), Germany ($175M) and France ($117M), with a combined 36% share of global imports. Japan, Mexico, Poland, Belgium, Romania, the Czech Republic, Italy, Oman, Hungary and Denmark lagged somewhat behind, together comprising a further 29%.
Oman, with a CAGR of +41.5%, recorded the highest growth rate of the value of imports, among the main importing countries 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 articles of zinc import price amounted to $8,178 per ton, surging by 8.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2017 when the average import price increased by 8.8%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($10,760 per ton), while Oman ($3,942 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+6.7%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Articles Of Zinc
In 2022, global exports of articles of zinc reduced to 177K tons, with a decrease of -5.1% on the previous year's figure. Overall, exports recorded a mild decline. The pace of growth was the most pronounced in 2014 when exports increased by 22% against the previous year. As a result, the exports reached the peak of 258K tons. From 2015 to 2022, the growth of the global exports remained at a somewhat lower figure.
In value terms, articles of zinc exports contracted modestly to $1.5B in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of $1.6B, and then contracted modestly in the following year.
Exports By Country
In 2022, Germany (24K tons), China (18K tons), Italy (13K tons), Austria (13K tons), the United States (10K tons), Taiwan (Chinese) (9.8K tons), France (7.9K tons), the Czech Republic (7.6K tons), Sweden (7.5K tons), Spain (7.5K tons), Bosnia and Herzegovina (5.1K tons) and the United Arab Emirates (4.6K tons) was the main exporter of articles of zinc in the world, committing 72% of total export. The Netherlands (3.8K tons) followed a long way behind the leaders.
From 2012 to 2022, the biggest increases were recorded for Bosnia and Herzegovina (with a CAGR of +17.0%), while shipments for the other global leaders experienced more modest paces of growth.
In value terms, the largest articles of zinc supplying countries worldwide were Germany ($254M), China ($154M) and Italy ($113M), together accounting for 34% of global exports. Taiwan (Chinese), Austria, the United States, France, Sweden, the Czech Republic, Bosnia and Herzegovina, the Netherlands, Spain and the United Arab Emirates lagged somewhat behind, together comprising a further 38%.
Among the main exporting countries, Bosnia and Herzegovina, with a CAGR of +21.3%, saw the highest rates of growth with regard to 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
In 2022, the average articles of zinc export price amounted to $8,584 per ton, surging by 2.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2021 an increase of 12%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
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 Taiwan (Chinese) ($11,022 per ton), while Spain ($3,589 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.2%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global articles of zinc 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 25992972 - Articles of zinc, n.e.c.
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
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