Commodity Market Report
Global lead long-term outlook Q1 2020
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The coronavirus pandemic dominates short-term supply and demand changes but also impacts the medium term for lead markets. We have revised our mine output down by 8.2% for this year with the temporary idling of many mines across the world. But the greater proportion of supply coming from secondary sources - which are less affected by the crisis - means demand is relatively even more curtailed. We have reduced global consumption by 670 kt for this year, which contributes to a forecast 690 kt surplus in 2020. However, much of this is demand deferral, rather than destruction, leading to a rebound of +7.4% year-on-year growth in 2021. Medium- and long-term growth prospects still look healthy at 1.4% pa and 1.8% pa respectively.
Table of contents
- Demand outlook
- Supply outlook
- Market balance and price outlook
-
Changes since Q4 2019
- Market and demand changes
- Supply-side changes
- Beyond coronavirus: supply chain diversification in the long run
- Overview
-
Asia
- China
- India
- Japan
- Europe
-
North America
- US
- Mexico
- Latin America
- Other regions
-
Regional mine production capability
- Africa
- Asia
- Asian lead mine capability
- Europe
- Latin America
- Middle East
- North America
- Oceania
- 3 more item(s)...
- 1 more item(s)...
Tables and charts
This report includes the following images and tables:
-
Global lead demand, 1990 to 2040Global refined lead supply-demand balance and priceGlobal refined lead stocks and price
-
Global lead consumptionIndustrial dominates with increased auto importsAuto replacement further declines due to importsEuropean lead consumptionLatin American lead consumptionMiddle East lead consumptionOceania lead consumptionGlobal refined lead production capabilityLead key forecasts
- 32 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Insight
Global oil supply short-term update - January 2026
Global supply revised up due to Venezuela and North America upgrades. OPEC+ policy remains unchanged.
$1,350
Insight
Q4 2025 pre-FID project tracker: approvals remain steady in 2025, but spend down
Our Q4 2025 outlook for global pre-FID upstream projects.
$6,750
Asset Report
Future exploration outlook
Focuses on the near-term exploration outlook until 2030 and the sector’s longer-term prospects to 2050.
$11,000
