Key Market Indicators
Latvia's zinc imports are expected to total around $13 million by 2026, up from $10.4 million in 2021. In the last 22 years, the nation's demand for zinc has been rising at an average rate of 10.7% each year. In 2021, Latvia was ranked 72nd in zinc imports, with Luxembourg overtaking them with $10.4 million. The United States, Germany and Belgium followed in 2nd, 3rd and 4th place. Latvia's zinc exports are also on the rise, reaching a projected $3.8 million by 2026, up from $3.2 million in 2021. Since 1999, the nation's supply of zinc has grown at an average rate of 13.6% each year. In 2021, Latvia was 53rd in zinc exports, with Oman overtaking them with $3.2 million. Belgium, Canada and Australia followed in 2nd, 3rd and 4th place.
