Price for Lead; Waste and Scrap in Hong Kong SAR - 2023

Contents:

  1. Price for Lead; Waste and Scrap in Hong Kong SAR (FOB) - 2022
  2. Price for Lead; Waste and Scrap in Hong Kong SAR (CIF) - 2022
  3. Exports of Lead; Waste and Scrap in Hong Kong SAR
  4. Imports of Lead; Waste and Scrap in Hong Kong SAR

Price for Lead; Waste and Scrap in Hong Kong SAR (FOB) - 2022

In 2022, the average lead; waste and scrap export price amounted to $1,487 per ton, surging by 16% against the previous year. In general, the export price showed a buoyant expansion. The growth pace was the most rapid in 2016 an increase of 135% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($2,184 per ton), while the average price for exports to India ($874 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Lead; Waste and Scrap in Hong Kong SAR (CIF) - 2022

In 2022, the average lead; waste and scrap import price amounted to $4,126 per ton, falling by -4% against the previous year. In general, the import price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 80%. The import price peaked at $4,296 per ton in 2021, and then reduced slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($8,363 per ton), while the price for the United Arab Emirates ($768 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Lead; Waste and Scrap in Hong Kong SAR

In 2022, exports of lead; waste and scraps from Hong Kong SAR dropped notably to 462 tons, which is down by -28.5% compared with 2021 figures. Over the period under review, exports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 202%. As a result, the exports reached the peak of 646 tons, and then contracted markedly in the following year.

In value terms, lead; waste and scrap exports reduced notably to $687K in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 213% against the previous year. As a result, the exports attained the peak of $831K, and then dropped dramatically in the following year.

Export of Lead; Waste and Scrap in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea28.488.0412372135.7%
India14694.72721715.4%
Malaysia14525.175.5144-0.2%
Others13.057.571.5N/A134.5%
Total33326583168727.3%

Top Export Markets for Lead; Waste and Scrap from Hong Kong SAR in 2022:

  1. India (195.2 tons)
  2. South Korea (170.5 tons)
  3. Malaysia (96.1 tons)

Imports of Lead; Waste and Scrap in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in purchases abroad of lead; waste and scraps, when their volume decreased by -19.2% to 53 tons. Over the period under review, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 198%.

In value terms, lead; waste and scrap imports shrank dramatically to $218K in 2022. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 436% against the previous year.

Import of Lead; Waste and Scrap in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom9.375.641.561.087.2%
Lithuania3.126.584.934.7123.7%
New Zealand0.84.710.616.8175.9%
Japan1.713.641.115.9110.7%
Nigeria1.915.340.814.094.6%
United States0.24.419.37.1228.7%
Italy0.32.68.13.2120.1%
United Arab Emirates0.21.34.21.7104.1%
Others11.411.230.864.077.7%
Total28.915528121896.1%

Top Suppliers of Lead; Waste and Scrap to Hong Kong SAR in 2022:

  1. Lithuania (13.9 tons)
  2. United Kingdom (10.5 tons)
  3. Nigeria (4.5 tons)
  4. Japan (3.9 tons)
  5. New Zealand (3.2 tons)
  6. United Arab Emirates (2.2 tons)
  7. United States (1.4 tons)
  8. Italy (0.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Lead; waste and scrap - Hong Kong SAR