Zinc fell to 3,063.05 USD/T on December 2, 2025, down 1.24% from the previous day. Over the past month, Zinc's price has fallen 1.42%, and is down 1.26% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Zinc - values, historical data, forecasts and news - updated on December of 2025.

Get the latest insights on price movement and trend analysis of Zinc in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

View monthly updates and historical trends for Zinc Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

In 2024, the average price for zinc stood at 2,776 nominal U.S. dollars per metric ton. This statistic depicts the average annual prices for zinc from 2014 to 2024, with forecast figures for 2025 through 2026.

In Q3 2025, North America, the Zinc Price Index rose by 2.77% quarter-over-quarter, driven by firmer import offers. Check detailed insights for Europe and APAC.

In 2024, the price of zinc at the London Metal Exchange stood at around **** U.S. dollars per pound, a *** cent increase from the previous year's price. Zinc metal is a base metal which – among other things – is used as a material to manufacture smartphones.

The Zinc Report is Segmented by Form (Refined Zinc (Slab), Zinc Alloys, and More), Production Process (Primary Production (Mining and Smelting) and Secondary Production (Recycling)), Application (Galvanizing, Die-Casting, Brass, and More), End-User Industry (Construction, Transportation, Electrical and Electronics, and More), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

Get the latest insights on price movement and trend analysis of Zinc Oxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

In Q3 2025, North America Zinc Ingot Price Index rose by 9.04% quarter-over-quarter, on tightening supply.. Check detailed insights for Europe and APAC.

In 2021, the global zinc market increased by 13% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the global market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Discover the latest trends and growth projections for the global zinc market. This comprehensive analysis explores drivers, restraints, and regional variations, providing insights into key players and future opportunities in construction, automotive, and other vital sectors. Projected to reach [estimated 2033 market size] by 2033, learn how this essential metal's market is evolving.

Monthly and long-term zinc price data (US$/mt): historical series and analyst forecasts curated by FocusEconomics.

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Zinc Market Size 2025-2029

The zinc market size is forecast to increase by USD 4.46 billion, at a CAGR of 2.8% between 2024 and 2029.

The market is shaped by the dynamic interplay of several key drivers and trends. The most prominent of these is the ongoing industrialization in emerging economies, which continues to fuel demand for zinc in various sectors, particularly in construction and automotive industries. This trend is expected to persist, driven by the expanding middle class in these regions and their increasing disposable income. However, the market landscape is not without challenges. Supply chain disruptions pose a significant threat to the stability of the market. These disruptions can stem from various sources, including geopolitical instability, extreme weather events, and production issues.
For instance, the closure of major mines due to environmental concerns or labor disputes can lead to a significant reduction in supply, causing price volatility. Companies operating in this market must remain agile and adaptable, implementing robust risk management strategies to mitigate the impact of these disruptions on their operations. Additionally, the introduction of new zinc-based products, such as advanced batteries for electric vehicles, presents both opportunities and challenges. While these innovations can expand the market, they also introduce new competitors and increase pressure on existing players to innovate and differentiate. To capitalize on the opportunities and navigate the challenges, companies must stay informed of market trends, invest in research and development, and build resilient supply chains.

What will be the Size of the Zinc Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by the diverse applications of this essential micronutrient across various sectors. In agriculture, for instance, the demand for slow-release zinc fertilizers is on the rise, as farmers seek to optimize zinc nutritional status in their crops. Zinc fertilization methods have evolved beyond traditional inorganic sources, with organic zinc sources gaining traction due to their potential to enhance soil health and reduce zinc toxicity. Zinc chelates, such as zinc-iron interaction, play a crucial role in enhancing zinc bioavailability and micronutrient uptake. Foliar zinc application is another emerging trend, as it enables direct delivery of zinc to the plant, bypassing potential soil limitations.

The use of zinc-coated urea and zinc oxide nanoparticles also offers advantages in terms of improved zinc solubility and reduced environmental impact. Plant zinc metabolism is a complex process involving zinc transporter proteins and zinc-responsive genes. Zinc deficiency correction is a critical concern, as zinc deficiency symptoms can significantly impact crop yield. For instance, a study showed that zinc deficiency in wheat can lead to a yield loss of up to 20%. Industry growth in the market is expected to remain robust, with estimates suggesting a steady increase in demand due to the ongoing need for zinc in various applications.

The zinc-phosphorus interaction and Zinc Sulfate heptahydrate are essential components in numerous industrial processes, while zinc in photosynthesis plays a vital role in maintaining plant health. The market is a dynamic and evolving landscape, with ongoing research and innovation driving the development of new zinc sources, fertilization methods, and applications. The continuous unfolding of market activities and evolving patterns underscores the importance of staying informed and adaptive in this ever-changing market.

How is this Zinc Industry segmented?

The zinc industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Industrial
  Human health
  Others


End-user

  Construction
  Transportation
  Paints and coatings
  Electricals and electronics
  Others


Product Type

  Powder
  Solid metal


Geography

  North America

    US
    Canada


  Europe

    Belgium
    Germany
    UK


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Application Insights

The industrial segment is estimated to witness significant growth during the forecast period.

Zinc, an essential micronutrient, plays a crucial role in various industrial and agricultural applications. In industry, zinc's primary use is in galvanization, where it forms a protective coating on steel, enhancing its resistance to corrosion. This property is vital in construction, infrastructure, automotive, and ship

High Purity Zinc Ingot Market Outlook

The global market size for high purity zinc ingot was valued at approximately USD 1.5 billion in 2023 and is projected to reach USD 2.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.5% during the forecast period. The increase in demand across various sectors such as electronics, automotive, and construction is a significant growth factor for this market. High purity zinc ingots are increasingly being utilized for their superior properties, making them essential in advanced manufacturing and high-tech industries.

One of the primary growth drivers for the high purity zinc ingot market is the burgeoning electronics industry. High purity zinc ingots are crucial in the production of various electronic components due to their excellent conductive and anti-corrosive properties. As the demand for consumer electronics, smartphones, and wearable technology continues to surge, the need for high-quality raw materials such as high purity zinc ingots is expected to grow correspondingly. Additionally, the rise of smart appliances and the Internet of Things (IoT) are further propelling the market's expansion.

The automotive industry also significantly contributes to the market's growth. High purity zinc ingots are employed in the manufacturing of various automotive parts due to their durability and resistance to corrosion. With the global automotive industry undergoing a transformation towards electric and hybrid vehicles, the demand for high purity zinc ingots is anticipated to escalate. Electric vehicles (EVs) require advanced materials for batteries and other components, and high purity zinc is increasingly being recognized for its potential in these applications.

The construction industry is yet another vital sector driving the demand for high purity zinc ingots. These ingots are used in constructing durable and corrosion-resistant structures. The increasing investment in infrastructure projects worldwide, especially in developing countries, is likely to boost the demand for high purity zinc ingots. Urbanization and industrialization trends are further accelerating the construction activities, thereby fostering the market growth for high purity zinc ingots.

High Purity Zinc Phosphide is gaining attention in various industrial applications due to its unique properties. This compound is particularly valued for its effectiveness as a rodenticide, which is crucial in agricultural and urban settings to control pest populations. Its high purity levels ensure minimal environmental impact and increased safety for non-target species. Moreover, the ongoing research into its potential uses in other sectors, such as electronics and pharmaceuticals, highlights its versatility. As industries continue to seek sustainable and efficient solutions, high purity zinc phosphide is poised to play a significant role in meeting these demands.

Regionally, Asia Pacific holds the largest share in the high purity zinc ingot market, driven by rapid industrialization, urbanization, and significant investments in infrastructure development. Countries like China and India are at the forefront of this growth. North America and Europe also showcase substantial market shares, propelled by advancements in automotive and electronics industries. The Middle East & Africa and Latin America are expected to offer lucrative growth opportunities due to emerging industrial activities and increasing investments in various sectors.

Purity Level Analysis

The high purity zinc ingot market can be segmented by purity level into 99.99%, 99.995%, 99.999%, and others. The 99.99% purity level holds a significant share in the market due to its widespread use in general industrial applications. This level of purity is often sufficient for many manufacturing processes, providing a balance between cost and performance. The increased utilization in automotive and construction sectors, where durability and moderate corrosion resistance are required, supports the dominance of this segment.

The 99.995% purity level segment is gaining traction, particularly in the electronics industry. This higher purity level ensures better conductivity and less impurity content, making it ideal for high-end electronic components and devices. As the electronics sector continues to evolve with more complex and sophisticated technology, the demand for 99.995% purity zinc ingots is expected to rise. Additionall

The zinc ingot prices in the United States for Q3 2024 reached 3450 USD/MT in September. The region saw notable fluctuations in zinc ingot prices throughout the quarter, primarily influenced by the limited availability of zinc ingots and ongoing supply chain challenges. These factors, coupled with consistent demand from critical sectors, have kept prices on an upward trajectory, emphasizing the market's sensitivity to supply-demand dynamics.

Explore IMARC’s newly published report, titled “Zinc Ingot Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of zinc ingot pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Other Nonferrous Scrap (Including Lead, Zinc and Precious Metals) (WPU102303) from Jan 1957 to Sep 2025 about precious metals, zinc, lead, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

The CIS articles of zinc market shrank slightly to $195M in 2024, dropping by -4.6% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $239M. From 2018 to 2024, the growth of the market remained at a somewhat lower figure.

Australia Commodity Price Index: Weights: Base Metals: Zinc data was reported at 1.000 % in Feb 2013. This stayed constant from the previous number of 1.000 % for Jan 2013. Australia Commodity Price Index: Weights: Base Metals: Zinc data is updated monthly, averaging 1.000 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 1.000 % in Feb 2013 and a record low of 0.600 % in Aug 2009. Australia Commodity Price Index: Weights: Base Metals: Zinc data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

Graph and download economic data for Producer Price Index by Industry: Copper, Nickel, Lead and Zinc Mining (PCU212230212230) from Jun 1988 to Jun 2025 about zinc, lead, nickel, copper, mining, metals, PPI, industry, inflation, price index, indexes, price, and USA.

The Zinc Market size is expected to reach a valuation of USD 41.50 billion in 2033 growing at a CAGR of 6.2%. The Zinc market research report classifies market by share, trend, demand, forecast and based on segmentation.