Price for Zinc; Waste and Scrap in Ghana - 2022

Contents:

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

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

In 2022, the average zinc; waste and scrap export price amounted to $1,567 per ton, shrinking by -11.1% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 5.5%. The export price peaked at $1,804 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,783 per ton), while the average price for exports to Turkey ($1,235 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 Turkey (+23.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average zinc; waste and scrap import price stood at $3,984 per ton in 2022, with an increase of 117% against the previous year. Over the period under review, 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 Australia ($4,052 per ton), while the price for the United States amounted to $774 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.0%).

Exports of Zinc; Waste and Scrap in Ghana

Zinc; waste and scrap exports from Ghana fell rapidly to 148 tons in 2022, reducing by -51.9% compared with 2021 figures. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. As a result, the exports attained the peak of 307 tons, and then contracted notably in the following year.

In value terms, zinc; waste and scrap exports contracted remarkably to $232K in 2022. Overall, exports faced a deep setback. The growth pace was the most rapid in 2021 when exports increased by 81%. As a result, the exports attained the peak of $541K, and then dropped rapidly in the following year.

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

1. India (96.6 tons)
2. Turkey (18.6 tons)
3. United Arab Emirates (16.7 tons)
4. China (15.8 tons)

Imports of Zinc; Waste and Scrap in Ghana

Zinc; waste and scrap imports into Ghana skyrocketed to 1.5 tons in 2022, with an increase of 109% compared with 2021. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 236%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, zinc; waste and scrap imports soared to $6K in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Australia (1475.0 kg)
2. United States (31.0 kg)

Source: IndexBox Market Intelligence Platform