Price for Zinc; Waste and Scrap in Chile - 2023

Contents:

1. Price for Zinc; Waste and Scrap in Chile (FOB) - 2022
2. Price for Zinc; Waste and Scrap in Chile (CIF) - 2022
3. Exports of Zinc; Waste and Scrap in Chile
4. Imports of Zinc; Waste and Scrap in Chile

Price for Zinc; Waste and Scrap in Chile (FOB) - 2022

The average zinc; waste and scrap export price stood at $719 per ton in 2021, reducing by -48.8% against the previous year. Overall, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 338%. Over the period under review, the average export prices hit record highs at $1,794 per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($1,820 per ton), while the average price for exports to Turkey totaled $370 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Zinc; Waste and Scrap in Chile (CIF) - 2022

In 2020, the average zinc; waste and scrap import price amounted to $2,786 per ton, reducing by -22.6% against the previous year. Over the period under review, the import price, however, saw a prominent increase. The pace of growth was the most pronounced in 2019 an increase of 54% against the previous year. As a result, import price reached the peak level of $3,600 per ton, and then dropped sharply in the following year.

As there is only one major supplying country, the average price level is determined by prices for Argentina.

From 2012 to 2020, the rate of growth in terms of prices for Argentina amounted to 0.0% per year.

Exports of Zinc; Waste and Scrap in Chile

In 2022, shipments abroad of zinc; waste and scraps was finally on the rise to reach 324 tons after two years of decline. Overall, exports, however, faced a deep downturn.

In value terms, zinc; waste and scrap exports soared to $144K in 2022. Over the period under review, exports, however, showed a sharp downturn.

Top Export Markets for Zinc; Waste and Scrap from Chile in 2022:

1. Turkey (73.9 tons)
2. India (23.4 tons)

Imports of Zinc; Waste and Scrap in Chile

In 2022, the amount of zinc; waste and scraps imported into Chile expanded slightly to 123 kg, growing by 2.5% against 2021. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 110%. As a result, imports reached the peak of 126 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, zinc; waste and scrap imports contracted modestly to $352 in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 63%.

Top Suppliers of Zinc; Waste and Scrap to Chile in 2022:

1. Argentina (2.7 tons)

Source: IndexBox Market Intelligence Platform