Price for Zinc; Bars, Rods, Profiles and Wire in Serbia - 2024

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Serbia (CIF) - 2022
  2. Price for Zinc; Bars, Rods, Profiles and Wire in Serbia (FOB) - 2022
  3. Imports of Zinc; Bars, Rods, Profiles and Wire in Serbia
  4. Exports of Zinc; Bars, Rods, Profiles and Wire in Serbia

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

In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $5,742 per ton, surging by 2.3% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 117%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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 Luxembourg ($54,612 per ton), while the price for China ($1,749 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for zinc; bars, rods, profiles and wires stood at $9,565 per ton in 2022, jumping by 57% against the previous year. Overall, the export price saw strong growth. The most prominent rate of growth was recorded in 2015 an increase of 2,039%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($26,000 per ton), while the average price for exports to Italy ($3,287 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 North Macedonia (+52.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 12 tons of zinc; bars, rods, profiles and wires were imported into Serbia; picking up by 44% compared with 2021 figures. Over the period under review, imports, however, saw a sharp reduction.

In value terms, imports of zinc; bars, rods, profiles and wires soared to $71K in 2022. Overall, imports, however, recorded a abrupt slump.

Import of Zinc; Bars, Rods, Profiles and Wire in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland33.726.941.822.6-12.5%
LuxembourgN/AN/AN/A12.70%
United Kingdom12.00.40.310.6-4.1%
IndiaN/AN/AN/A8.70%
Slovenia4.12.02.27.622.8%
China13.90.6N/A6.6-22.0%
Italy10.40.51.62.2-40.4%
Germany14.56.72.5N/A-58.5%
Others4.80.1N/AN/A-97.9%
Total93.437.348.371.0-8.7%

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

  1. China (3.8 tons)
  2. Poland (3.7 tons)
  3. United Kingdom (1.9 tons)
  4. Slovenia (1.8 tons)
  5. India (0.7 tons)
  6. Italy (0.2 tons)
  7. Luxembourg (0.2 tons)

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

In 2022, the amount of zinc; bars, rods, profiles and wires exported from Serbia skyrocketed to 2.6 tons, increasing by 45% against the previous year's figure. Over the period under review, exports, however, saw a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 126%.

In value terms, exports of zinc; bars, rods, profiles and wires soared to $25K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Zinc; Bars, Rods, Profiles and Wire in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CroatiaN/AN/AN/A11.50%
Bosnia and Herzegovina1.95.83.410.979.0%
ItalyN/AN/AN/A2.80%
Germany1.9N/AN/AN/A0%
SwedenN/AN/A6.5N/A0%
North Macedonia2.9N/A0.9N/A-44.3%
Montenegro4.00.10.4N/A-68.4%
OthersN/AN/AN/AN/A0%
Total10.85.911.125.232.6%

Top Export Markets for Zinc; Bars, Rods, Profiles and Wire from Serbia in 2022:

  1. Bosnia and Herzegovina (980.0 kg)
  2. Italy (850.0 kg)
  3. Croatia (805.0 kg)
  4. Montenegro (1.0 kg)

Source: IndexBox Market Intelligence Platform

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