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
Webinar: The long-term outlook for global refining in the wake of the pandemic
In this Webinar we explore the outlook for global and regional oil product markets through to 2050.
$900
Commodity Market Report
![]()
Macro Oils long-term outlook H2 2018: navigating structural change
Where will long-term oil prices land in a world of higher cost supply and peak oil demand?
$11,750
Insight
Q1 2026 pre-FID project tracker: LNG expansion projects approved but investment plans set for disruption
Our Q1 2026 outlook for global pre-FID upstream projects.
$6,750
