Price for Tin; Waste and Scrap in South Africa - 2023
Contents:
- Price for Tin; Waste and Scrap in South Africa (CIF) - 2022
- Price for Tin; Waste and Scrap in South Africa (FOB) - 2022
- Imports of Tin; Waste and Scrap in South Africa
- Exports of Tin; Waste and Scrap in South Africa
Price for Tin; Waste and Scrap in South Africa (CIF) - 2022
The average tin; waste and scrap import price stood at $82,500 per ton in 2022, jumping by 1,472% against the previous year. Overall, the import price continues to indicate a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($136,667 per ton), while the price for the Netherlands amounted to $1,333 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tin; Waste and Scrap in South Africa (FOB) - 2022
The average tin; waste and scrap export price stood at $1,000 per ton in 2022, falling by -83.9% against the previous year. Over the period under review, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 70%. Over the period under review, the average export prices attained the peak figure at $16,792 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Namibia.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +86.1% per year.
Imports of Tin; Waste and Scrap in South Africa
Tin; waste and scrap imports into South Africa contracted notably to 10 kg in 2022, shrinking by -97.6% against 2021 figures. In general, imports faced a precipitous setback. The smallest decline of -39% was in 2021.
In value terms, tin; waste and scrap imports plummeted to $825 in 2022. Over the period under review, imports recorded a dramatic slump. The smallest decline of -38.3% was in 2021.
| Import of Tin; Waste and Scrap in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | N/A | 0.8 | 0% |
| Namibia | 8.2 | 2.8 | 1.6 | N/A | -55.8% |
| Zimbabwe | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Others | 3.6 | 0.7 | 0.5 | N/A | -62.7% |
| Total | 12.0 | 3.5 | 2.2 | 0.8 | -59.5% |
Top Suppliers of Tin; Waste and Scrap to South Africa in 2022:
- Israel (6.0 kg)
- Netherlands (3.0 kg)
Exports of Tin; Waste and Scrap in South Africa
In 2022, overseas shipments of tin; waste and scraps decreased by 99.9% to 1 kg, falling for the second consecutive year after two years of growth. In general, exports recorded a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 56% against the previous year. As a result, the exports reached the peak of 7 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, tin; waste and scrap exports dropped rapidly to $1 in 2022. Overall, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 114%. As a result, the exports attained the peak of $45K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Tin; Waste and Scrap in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.5 | 6.7 | 4.3 | N/A | 10.8% |
| Belgium | 12.9 | 33.4 | 30.1 | N/A | 52.8% |
| Namibia | 0.1 | 0.4 | 0.5 | N/A | 123.6% |
| Zambia | 2.5 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 1.3 | 2.7 | 1.9 | N/A | 20.9% |
| Others | 0.7 | 1.7 | 1.5 | N/A | 46.4% |
| Total | 20.9 | 44.8 | 38.2 | N/A | 35.2% |
Top Export Markets for Tin; Waste and Scrap from South Africa in 2022:
- Namibia (1.0 kg)
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