Key Market Indicators
Saudi Arabia is set to increase its zinc import to $233 million by 2026, from $212 million in 2021. This growth will be an average of 1.6% year-on-year. Since 1996, demand for zinc has risen by 5.2% annually. In 2021, Saudi Arabia was ranked 19th in the world, overtaken by Slovakia at $211 million. The United States, Germany and Belgium were ranked 2nd, 3rd and 4th respectively. In the same period, Saudi Arabia's zinc export is expected to increase to $49 million by 2026, from $40 million in 2021. This growth will be an average of 3.6% year-on-year. Since 1996, supply of zinc has increased by 11.7% annually. In 2021, the country ranked 34th, while Singapore was ahead at $40 million. Belgium, Canada and Australia were ranked 2nd, 3rd and 4th respectively.
