According to GlobalData, Canada is the world’s eleventh-largest producer of zinc, with output of 214kt in 2022, down by 12.41% on 2021. Over the five years to 2021, production from Canada decreased by a CAGR of 8.41% and is expected to rise by a CAGR of 2% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Zinc Mining to 2026 report. Buy the report here.
Canada accounts for 2% of global production, with the other largest producers being China (33%), Peru (12%), Australia (10%) and India (6%). Exports of zinc from Canada increased by 20% to 26kt in 2022 over 2021, with the highest share being exported to the Republic of Korea. Canada’s zinc exports are expected to grow at a CAGR of 2% between 2022 and 2026, to 29kt by 2026.
Leading producers of zinc in Canada are Glencore and Agnico-Eagle Mines. Glencore's output was 109.55kt in 2021, down by 4% on 2020. Agnico-Eagle Mines produced 8.84kt, a decrease of 45% on the previous year.
For more detailed analysis of global zinc mining, buy the report here.