Austria: Zinc Market 2024

Zinc Market Size in Austria

In 2022, the Austrian zinc market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Zinc Exports

Exports from Austria

In 2022, the amount of unwrought zinc exported from Austria dropped remarkably to X tons, which is down by X% against 2021 figures. Over the period under review, exports, however, saw a strong expansion. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked at X tons in 2021, and then contracted markedly in the following year.

In value terms, zinc exports rose modestly to $X in 2022. Overall, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tons), Hungary (X tons) and the Czech Republic (X tons) were the main destinations of zinc exports from Austria, together comprising X% of total exports. Slovenia, Italy, Croatia and Romania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for unwrought zinc exports from Austria, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The average zinc export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Romania ($X per ton) and Slovenia ($X per ton), while the average price for exports to Italy ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Zinc Imports

Imports into Austria

In 2022, the amount of unwrought zinc imported into Austria declined to X tons, with a decrease of X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, zinc imports totaled $X in 2022. Over the period under review, imports, however, saw a resilient increase. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Finland (X tons), Peru (X tons) and Luxembourg (X tons) were the main suppliers of zinc imports to Austria, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Peru (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Peru ($X) and Luxembourg ($X) appeared to be the largest zinc suppliers to Austria, with a combined X% share of total imports.

Peru, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average zinc import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($X per ton) and Poland ($X per ton), while the price for Bulgaria ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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