The global import landscape of zinc ores and concentrates is characterized by a few dominant players. In 2023, China led with a 26.84% share, growing by 1.51% compared to the previous year. South Korea and Spain followed, with 20.27% and 10.75% respectively, with South Korea experiencing a significant 2.32% increase. Noteworthy was Australia's notable 4.74% rise. Emerging markets like Kazakhstan saw significant growth of 8.15%, while countries like Japan and Italy experienced declines.
Future trends to watch include China's continued dominance in the market, propelled by its large industrial base. Import rebalancing might occur as countries like Namibia and Botswana show rapid growth percentage-wise, albeit from smaller bases. Environmental regulations and technological advancements could reshape supply chains and import dynamics, potentially impacting countries' import shares in zinc ores and concentrates.
Top countries in Import of Zinc Ores and Concentrates Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 26.84 | 2023 | +2.39% | +1.51% | View data |
| 2 | 2 South Korea | 20.27 | 2023 | +2.27% | +2.32% | View data |
| 3 | 3 Spain | 10.75 | 2023 | +1.75% | +0.95% | View data |
| 4 | 4 Belgium | 9.39 | 2023 | -0.055% | -0.23% | View data |
| 5 | 5 Australia | 5.21 | 2023 | +4.25% | +4.74% | View data |
| 6 | 6 Japan | 4.82 | 2023 | -4.41% | -6.98% | View data |
| 7 | 7 Finland | 4.54 | 2023 | +0.82% | +1.19% | View data |
| 8 | 8 Netherlands | 3.58 | 2023 | -0.35% | -0.38% | View data |
| 9 | 9 Germany | 3.15 | 2023 | +0.85% | -1.35% | View data |
| 10 | 10 Norway | 3.03 | 2023 | +1.91% | +1.68% | View data |