Price for Zinc; Waste and Scrap in Libya - 2022

Contents:

1. Price for Zinc; Waste and Scrap in Libya (FOB) - 2022
2. Exports of Zinc; Waste and Scrap in Libya

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

In 2022, the average zinc; waste and scrap export price amounted to $1,853 per ton, surging by 2.1% against the previous year. In general, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc; waste and scrap export price increased by +49.9% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 47% against the previous year. The export price peaked at $2,494 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,075 per ton), while the average price for exports to Turkey stood at $1,530 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.

Exports of Zinc; Waste and Scrap in Libya

After three years of growth, overseas shipments of zinc; waste and scraps decreased by -59% to 96 tons in 2022. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 117% against the previous year. As a result, the exports attained the peak of 234 tons, and then dropped remarkably in the following year.

In value terms, zinc; waste and scrap exports shrank notably to $178K in 2022. Overall, exports, however, recorded a strong increase. The growth pace was the most rapid in 2021 when exports increased by 219% against the previous year. As a result, the exports reached the peak of $425K, and then fell notably in the following year.

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

1. India (56.9 tons)
2. Turkey (39.1 tons)

Source: IndexBox Market Intelligence Platform