Price for Zinc; Waste and Scrap in Morocco - 2022

Contents:

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

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

In December 2022, the average zinc; waste and scrap export price amounted to $1,632 per ton, remaining constant against the previous month. Over the period under review, the export price, however, saw a mild downturn. The most prominent rate of growth was recorded in August 2022 an increase of 42% against the previous month. As a result, the export price attained the peak level of $2,335 per ton. From September 2022 to December 2022, the the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In December 2022, the country with the highest price was India ($1,653 per ton), while the average price for exports to the United Arab Emirates totaled $1,553 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2021, the average zinc; waste and scrap import price amounted to $2,015 per ton, remaining constant against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 47% against the previous year. As a result, import price reached the peak level of $2,078 per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6,100 per ton), while the price for Senegal stood at $1,016 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+23.0%).

Exports of Zinc; Waste and Scrap in Morocco

In 2022, after three years of growth, there was significant decline in shipments abroad of zinc; waste and scraps, when their volume decreased by -14.9% to 2.3K tons. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 75% against the previous year. As a result, the exports reached the peak of 2.8K tons, and then shrank in the following year.

In value terms, zinc; waste and scrap exports rose sharply to $4.7M in 2022. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 111%. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Norway (675.1 tons)
2. China (412.1 tons)
3. India (329.5 tons)
4. France (226.3 tons)
5. Italy (184.7 tons)
6. Turkey (160.0 tons)
7. Spain (157.0 tons)
8. Poland (113.9 tons)
9. United States (113.5 tons)
10. Jordan (89.8 tons)
11. Taiwan (Chinese) (72.6 tons)
12. Malaysia (60.1 tons)
13. Belgium (60.1 tons)

Imports of Zinc; Waste and Scrap in Morocco

In 2022, supplies from abroad of zinc; waste and scraps increased by 2.7% to 3.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a perceptible reduction.

In value terms, zinc; waste and scrap imports expanded to $7K in 2022. Overall, imports, however, showed a noticeable decline.

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

1. Senegal (2.9 tons)
2. Italy (0.7 tons)

Source: IndexBox Market Intelligence Platform