The data reflects that Belgium, South Korea, and the Netherlands are prominent exporters of unwrought zinc alloys in 2023. They capture significant shares, with Belgium leading. The overall growth trend from 2022 shows a positive trajectory for most countries, especially notable in Kazakhstan and Malaysia, witnessing increases of 9.45% and 4.72%, respectively. Conversely, Japan and China experienced decreases of -2.38% and -4.5%. Over the last five years, New Zealand has shown a remarkable CAGR, while Canada and Brazil faced declines. Belgium and South Korea have maintained steady growth, reinforcing their market dominance.
Future trends to watch for:
- Potential growth in South American countries could emerge as industrial capabilities expand and demand increases.
- Economic and geopolitical developments may influence trade patterns, especially in Asia and Europe.
- The demand for zinc alloys in green technologies and batteries could spur new export opportunities.
Top countries in Export of Unwrought Zinc Alloys Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 21.34 | 2023 | +2.78% | +1.69% | View data |
| 2 | 2 South Korea | 18.67 | 2023 | +4.34% | +4.11% | View data |
| 3 | 3 Netherlands | 16.45 | 2023 | +5% | +4.49% | View data |
| 4 | 4 Spain | 13.33 | 2023 | +4.48% | +3.33% | View data |
| 5 | 5 Norway | 7.11 | 2023 | +4.89% | +4.09% | View data |
| 6 | 6 United Kingdom | 3.33 | 2023 | +3.37% | +3.61% | View data |
| 7 | 7 Japan | 2.75 | 2023 | +2.87% | -2.38% | View data |
| 8 | 8 Germany | 2.71 | 2023 | +1.59% | +1.03% | View data |
| 9 | 9 United States | 2.36 | 2023 | +2.97% | +1.17% | View data |
| 10 | 10 Italy | 1.92 | 2023 | +3.73% | +3.56% | View data |