Key Market Indicators
South African imports of zinc are set to reach $264.2 million by 2026, a 3.1% increase on average year-on-year. Since 2005, demand has grown by 6.4% year-on-year. In 2021, South Africa ranked 17th, behind South Korea at $219.9 million. The United States, Germany and Belgium were ranked 2nd, 3rd and 4th respectively. Meanwhile, South African zinc exports were close to $5 million in 2021, down 5.1% from the $5.3 million in 2020. Since 2005, supply has decreased by 14.6% year-on-year. In 2021, South Africa ranked 47th, behind the Philippines at $5 million. Belgium, Canada and Australia were ranked 2nd, 3rd and 4th respectively.