The global import landscape for zinc ores and concentrates in 2023 was predominantly led by China, South Korea, and Spain, with significant values contributing to the global trade. China's import value reached 3.7074 billion USD, maintaining a steady growth rate of 2.68%. South Korea and Spain saw growth rates of 3.57% and 2.6%, respectively. Notable declines were observed in Japan (-2.45%) and Greece (-3.79%), indicating shifts in their import behaviors. Conversational growth in smaller economies was noted in countries like Latvia and Botswana, experiencing increases of 10.17% and 43.56% respectively.
Looking ahead, future trends may be impacted by geopolitical shifts and changes in industrial demands, particularly from major players like China and South Korea. Sustainable mining practices and regulatory developments could also influence global trade patterns. Emerging markets might continue to increase their share in global imports, fostering diversification across the sector.
Top countries in Import of Zinc Ores and Concentrates by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,707,400,000 | 2023 | +4.28% | +2.68% | View data |
| 2 | 2 South Korea | 2,559,400,000 | 2023 | +3.61% | +3.57% | View data |
| 3 | 3 Spain | 1,601,400,000 | 2023 | +3.89% | +2.6% | View data |
| 4 | 4 Belgium | 1,494,200,000 | 2023 | +2.91% | +1.65% | View data |
| 5 | 5 Canada | 989,250,000 | 2023 | +3.58% | +1.82% | View data |
| 6 | 6 Japan | 887,420,000 | 2023 | +1.7% | -2.45% | View data |
| 7 | 7 Australia | 767,980,000 | 2023 | +5.21% | +5.06% | View data |
| 8 | 8 Finland | 728,220,000 | 2023 | +3.31% | +3.47% | View data |
| 9 | 9 Netherlands | 584,270,000 | 2023 | +3.36% | +2.01% | View data |
| 10 | 10 Norway | 460,790,000 | 2023 | +4.03% | +3.74% | View data |
