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

Price for Zinc; Bars, Rods, Profiles and Wire in Croatia (CIF) - 2022

The average import price for zinc; bars, rods, profiles and wires stood at $6,613 per ton in 2022, growing by 25% against the previous year. In general, the import price continues to indicate resilient growth. The growth pace was the most rapid in 2021 when the average import price increased by 46% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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 Germany ($12,632 per ton), while the price for Slovenia ($6,024 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Zinc; Bars, Rods, Profiles and Wire in Croatia (FOB) - 2022

In 2022, the average export price for zinc; bars, rods, profiles and wires amounted to $7,580 per ton, growing by 3.5% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 74% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +8.0% per year.

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

In 2022, the amount of zinc; bars, rods, profiles and wires imported into Croatia dropped notably to 15 tons, declining by -45.1% compared with the year before. Over the period under review, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year.

In value terms, imports of zinc; bars, rods, profiles and wires fell notably to $99K in 2022. In general, imports saw a mild slump. The growth pace was the most rapid in 2021 when imports increased by 114% against the previous year. As a result, imports attained the peak of $144K, and then contracted dramatically in the following year.

Import of Zinc; Bars, Rods, Profiles and Wire in Croatia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovenia	19.8	44.4	89.4	45.1	31.6%
Italy	13.6	7.0	18.2	38.2	41.1%
United Kingdom	4.4	0.6	11.1	12.0	39.7%
Germany	4.9	7.2	10.2	0.2	-65.6%
Spain	3.6	7.8	7.3	N/A	42.4%
Slovakia	21.4	0.1	5.8	N/A	-47.9%
Poland	26.6	N/A	1.5	N/A	-76.3%
Others	9.9	0.5	1.0	3.1	-32.1%
Total	104	67.5	144	98.6	-1.8%

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

Slovenia (7.5 tons)
Italy (5.4 tons)
United Kingdom (1.8 tons)

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

After three years of growth, overseas shipments of zinc; bars, rods, profiles and wires decreased by -66.2% to 2.4 tons in 2022. Overall, exports faced a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 50%. As a result, the exports attained the peak of 7.2 tons, and then declined sharply in the following year.

In value terms, exports of zinc; bars, rods, profiles and wires dropped markedly to $18K in 2022. In general, exports faced a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. As a result, the exports attained the peak of $53K, and then declined rapidly in the following year.