Lithuania - Unwrought Zinc - Market Analysis, Forecast, Size, Trends And Insights
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View PricingZinc Price in Lithuania - 2023
Contents:
- Zinc Price in Lithuania (CIF) - 2023
- Zinc Price in Lithuania (FOB) - 2022
- Zinc Imports in Lithuania
- Zinc Exports in Lithuania
Zinc Price in Lithuania (CIF) - 2023
The average zinc import price stood at $18,944 per ton in October 2023, growing by 508% against the previous month. Over the period under review, the import price showed resilient growth. Over the period under review, average import prices hit record highs at $21,717 per ton in January 2023; however, from February 2023 to October 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From October 2022 to October 2023, the rate of growth in terms of prices for Italy amounted to +1.5% per month.
Zinc Price in Lithuania (FOB) - 2022
The average zinc export price stood at $4,256 per ton in 2022, surging by 28% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc export price increased by +65.1% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 72%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($6,675 per ton), while the average price for exports to Belarus ($3,581 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 Latvia (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Zinc Imports in Lithuania
In 2022, approx. 960 tons of unwrought zinc were imported into Lithuania; picking up by 120% against the previous year. Overall, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 245% against the previous year.
In value terms, zinc imports soared to $4M in 2022. Over the period under review, imports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 326% against the previous year.
| Import of Zinc in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2.1 | 0.3 | 1.5 | 3.3 | 16.3% |
| Kazakhstan | N/A | N/A | N/A | 0.7 | 0% |
| Germany | 3.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.8 | 0.3 | 1.5 | 4.0 | -11.6% |
Top Suppliers of Zinc to Lithuania in 2022:
- Poland (762.5 tons)
- Kazakhstan (197.5 tons)
Zinc Exports in Lithuania
In 2022, the amount of unwrought zinc exported from Lithuania soared to 787 tons, increasing by 73% against the previous year's figure. Over the period under review, exports, however, faced a dramatic contraction. The pace of growth was the most pronounced in 2021 when exports increased by 1,638%.
In value terms, zinc exports surged to $3.3M in 2022. In general, exports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 2,140%.
| Export of Zinc in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.1 | N/A | 0.2 | 3.2 | 217.5% |
| Belarus | 5.8 | 0.1 | 1.3 | 0.2 | -67.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.9 | 0.1 | 1.5 | 3.3 | -17.6% |
Top Export Markets for Zinc from Lithuania in 2022:
- Russia (740.0 tons)
- Belarus (44.4 tons)
This report provides an in-depth analysis of the zinc market in Lithuania. 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 24431230 - Unwrought non-alloy zinc (excluding zinc dust, powders and flakes)
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
377
This report provides an in-depth analysis of the zinc market in Lithuania.
97
This report provides an in-depth analysis of the zinc alloys market in Lithuania.
904
This report provides an in-depth analysis of the global zinc market.
919
This report provides an in-depth analysis of the global zinc market.
1884
This report provides an in-depth analysis of the global zinc alloys market.
377
This report provides an in-depth analysis of the zinc market in Lithuania.
97
This report provides an in-depth analysis of the zinc alloys market in Lithuania.
904
This report provides an in-depth analysis of the global zinc market.
919
This report provides an in-depth analysis of the global zinc market.
1884
This report provides an in-depth analysis of the global zinc alloys market.
172
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.
2054
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...
804
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...
611
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.
172
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.
2054
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...
804
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...
611
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.
