Price for Zinc; Waste and Scrap in Hungary - 2023
Contents:
- Price for Zinc; Waste and Scrap in Hungary (FOB) - 2023
- Price for Zinc; Waste and Scrap in Hungary (CIF) - 2022
- Exports of Zinc; Waste and Scrap in Hungary
- Imports of Zinc; Waste and Scrap in Hungary
Price for Zinc; Waste and Scrap in Hungary (FOB) - 2023
The average zinc; waste and scrap export price stood at $1,994 per ton in July 2023, therefore, remained relatively stable against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 29% m-o-m. Over the period under review, the average export prices hit record highs at $2,430 per ton in February 2023; however, from March 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Belgium ($2,274 per ton), while the average price for exports to Germany ($1,128 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 Germany (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Zinc; Waste and Scrap in Hungary (CIF) - 2022
In 2021, the average zinc; waste and scrap import price amounted to $1,458 per ton, flattening at the previous year. Over the period under review, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2015 an increase of 34% against the previous year. As a result, import price reached the peak level of $1,815 per ton. From 2016 to 2021, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($1,974 per ton), while the price for Germany ($247 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Zinc; Waste and Scrap in Hungary
In 2022, overseas shipments of zinc; waste and scraps increased by 3.4% to 2.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a pronounced slump.
In value terms, zinc; waste and scrap exports soared to $6.6M in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Zinc; Waste and Scrap in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Italy | 3,251 | 2,413 | 2,875 | -6.0% | |
Luxembourg | 463 | 370 | 596 | 13.5% | |
Austria | 960 | 899 | 582 | -22.1% | |
India | 121 | 230 | 422 | 86.8% | |
Belgium | 187 | 206 | 229 | 10.7% | |
Germany | 51.2 | 67.5 | 179 | 87.0% | |
Poland | 107 | 64.1 | 77.2 | -15.1% | |
Others | 197 | 111 | 88.6 | -32.9% | |
Total | 5,337 | 4,361 | 5,048 | -2.7% |
Top Export Markets for Zinc; Waste and Scrap from Hungary in 2022:
- Italy (1287.9 tons)
- Austria (325.6 tons)
- India (233.5 tons)
- Luxembourg (217.5 tons)
- Germany (146.8 tons)
- Belgium (111.2 tons)
- Poland (66.2 tons)
Imports of Zinc; Waste and Scrap in Hungary
In 2022, approx. 195 tons of zinc; waste and scraps were imported into Hungary; reducing by -24.9% on 2021. In general, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 435%. As a result, imports attained the peak of 260 tons, and then fell remarkably in the following year.
In value terms, zinc; waste and scrap imports stood at $384K in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 430% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Zinc; Waste and Scrap in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Poland | 30.2 | N/A | 215 | 166.8% | |
Slovakia | 102 | 71.5 | 134 | 14.6% | |
Italy | 0.2 | N/A | 29.2 | 1108.3% | |
Others | 5.5 | N/A | N/A | 0% | |
Total | 138 | 71.5 | 379 | 65.7% |
Top Suppliers of Zinc; Waste and Scrap to Hungary in 2022:
- Poland (168.7 tons)
- Slovakia (68.1 tons)
- Italy (22.9 tons)
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