In 2023, South Korea led the export market for Zinc and Articles Thereof with exports valued at $1.3 billion, followed closely by Canada at $1.2 billion. Belgium, Spain, and Australia also held significant shares, showcasing Europe's and Oceania's strong presence. The Netherlands, Peru, Kazakhstan, Finland, and the United States rounded out the top ten, highlighting a balanced geographic distribution in the sector. Year-on-year variations have shown a mixed trend, with notable increases in some countries, whereas others faced declines. Over the past five years, the compound annual growth rate (CAGR) suggests moderate overall growth in zinc exports.
Future trends to watch in the zinc export market include the impact of technological advancements on production efficiency and the shift towards sustainable and environment-friendly mining and export practices. Geopolitical shifts, especially in major exporting regions, along with regulatory changes, could also influence market dynamics significantly. As global demand, particularly from industries like construction and automotive, continues to evolve, these factors will be key in shaping the competitive landscape of zinc exporters.
Top countries in Top Exporters of Zinc and Articles Thereof
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 South Korea | 1,300 | 2016 | |
| 2 | 2 Canada | 1,200 | 2016 | |
| 3 | 3 Belgium | 1,020 | 2016 | |
| 4 | 4 Spain | 814.46 | 2016 | |
| 5 | 5 Australia | 803.86 | 2016 | |
| 6 | 6 Netherlands | 753.09 | 2016 | |
| 7 | 7 Peru | 581.99 | 2016 | |
| 8 | 8 Kazakhstan | 553.87 | 2016 | |
| 9 | 9 Finland | 551.11 | 2016 | |
| 10 | 10 United States | 489.23 | 2016 |