Price for Zinc; Waste and Scrap in Germany - 2023
Contents:
- Price for Zinc; Waste and Scrap in Germany (FOB) - 2023
- Price for Zinc; Waste and Scrap in Germany (CIF) - 2023
- Exports of Zinc; Waste and Scrap in Germany
- Imports of Zinc; Waste and Scrap in Germany
Price for Zinc; Waste and Scrap in Germany (FOB) - 2023
In July 2023, the average zinc; waste and scrap export price amounted to $2,168 per ton, remaining constant against the previous month. Overall, the export price saw a slight setback. The most prominent rate of growth was recorded in January 2023 an increase of 8.3% against the previous month. Over the period under review, the average export prices reached the maximum at $2,707 per ton in August 2022; however, from September 2022 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($2,943 per ton), while the average price for exports to Belgium ($1,512 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Zinc; Waste and Scrap in Germany (CIF) - 2023
In July 2023, the average zinc; waste and scrap import price amounted to $1,854 per ton, increasing by 47% against the previous month. Overall, the import price, however, continues to indicate a slight descent. Over the period under review, average import prices hit record highs at $2,485 per ton in January 2023; however, from February 2023 to July 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from the Czech Republic ($2,105 per ton) and France ($1,977 per ton), while the price for Austria ($1,509 per ton) and Denmark ($1,887 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Denmark (-0.5%), while the prices for the other major suppliers experienced a decline.
Exports of Zinc; Waste and Scrap in Germany
In 2022, exports of zinc; waste and scraps from Germany expanded slightly to 48K tons, picking up by 2.4% compared with the previous year. The total export volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, zinc; waste and scrap exports surged to $134M in 2022. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 52% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Zinc; Waste and Scrap in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Italy | 33.4 | 31.4 | 42.8 | 13.2% | |
| India | 4.3 | 3.7 | 17.2 | 100.0% | |
| Netherlands | 2.7 | 4.1 | 10.2 | 94.4% | |
| Malaysia | 0.4 | 3.6 | 8.6 | 363.7% | |
| Belgium | 2.0 | 3.6 | 5.3 | 62.8% | |
| Poland | 3.6 | 1.9 | 4.4 | 10.6% | |
| Austria | 1.9 | 2.0 | 3.0 | 25.7% | |
| Luxembourg | 0.8 | 0.9 | 2.5 | 76.8% | |
| France | 1.8 | 1.8 | 1.8 | 0.0% | |
| Hong Kong SAR | 0.9 | 2.9 | 1.7 | 37.4% | |
| China | 20.9 | 12.0 | 0.3 | -88.0% | |
| Others | 0.4 | 0.7 | 6.2 | 293.7% | |
| Total | 73.3 | 68.5 | 104 | 19.1% | |
Top Export Markets for Zinc; Waste and Scrap from Germany in 2022:
- Italy (19.1K tons)
- India (7.2K tons)
- Netherlands (5.4K tons)
- Belgium (3.7K tons)
- Malaysia (2.6K tons)
- Poland (2.2K tons)
- Austria (1.3K tons)
- Luxembourg (1.1K tons)
- France (0.8K tons)
- Hong Kong SAR (0.8K tons)
- China (0.1K tons)
Imports of Zinc; Waste and Scrap in Germany
In 2022, the amount of zinc; waste and scraps imported into Germany contracted to 7K tons, dropping by -8.4% against the previous year's figure. Overall, imports showed a sharp decrease.
In value terms, zinc; waste and scrap imports rose rapidly to $17M in 2022. In general, imports saw a abrupt slump.
| Import of Zinc; Waste and Scrap in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Netherlands | 14.2 | 7.1 | 5.8 | -36.1% | |
| Denmark | 2.6 | 2.4 | 2.1 | -10.1% | |
| France | 6.9 | 1.7 | 1.7 | -50.4% | |
| Austria | 2.1 | 1.3 | 1.6 | -12.7% | |
| Bosnia and Herzegovina | 0.7 | 0.7 | 0.9 | 13.4% | |
| Luxembourg | 0.8 | 0.6 | 0.8 | 0.0% | |
| Switzerland | 0.8 | 0.5 | 0.5 | -20.9% | |
| Others | 2.5 | 1.3 | 1.8 | -15.1% | |
| Total | 30.6 | 15.6 | 15.1 | -29.8% | |
Top Suppliers of Zinc; Waste and Scrap to Germany in 2022:
- Netherlands (2897.5 tons)
- Denmark (1032.0 tons)
- Austria (872.2 tons)
- France (713.8 tons)
- Luxembourg (449.9 tons)
- Bosnia and Herzegovina (408.2 tons)
- Switzerland (318.6 tons)
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