Zinc Market in the United States
Market Overview
In 
, the U.S. zinc market decreased by -% to $, falling for the third year in a row after two years of growth. Over the period under review, consumption showed a pronounced decrease. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
In value terms, zinc production rose modestly to $ in . In general, production saw prominent growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by % against the previous year. Zinc production peaked at $ in 2019; however, from to , production remained at a lower figure.
, the U.S. zinc market decreased by -% to $, falling for the third year in a row after two years of growth. Over the period under review, consumption showed a pronounced decrease. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.In value terms, zinc production rose modestly to $
in . In general, production saw prominent growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by % against the previous year. Zinc production peaked at $ in 2019; however, from to , production remained at a lower figure.Consumption
In , consumption of zinc, unwrought (not alloyed) decreased by -% to tons, falling for the second year in a row after three years of growth. Over the period under review, consumption recorded a slight shrinkage. Zinc consumption peaked at tons in 2007; however, from 2008 to , consumption failed to regain momentum.
The size of the zinc market in the United States reduced modestly to $ in , shrinking by -% 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). Overall, consumption showed a perceptible reduction. Zinc consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.
, consumption of zinc, unwrought (not alloyed) decreased by -% to tons, falling for the second year in a row after three years of growth. Over the period under review, consumption recorded a slight shrinkage. Zinc consumption peaked at tons in 2007; however, from 2008 to , consumption failed to regain momentum.The size of the zinc market in the United States reduced modestly to $
in , shrinking by -% 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). Overall, consumption showed a perceptible reduction. Zinc consumption peaked at $ in 2007; however, from 2008 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for zinc in the United States, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Zinc market in the United States remained dependent on supplies from foreign countries. In , the share of imports in total consumption was % in value terms and % in physical terms.
, the share of imports in total consumption was % in value terms and % in physical terms.Trade Balance
The United States remains a net importer of zinc; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report