Price for Zinc; Waste and Scrap in Nepal - 2022

Contents:

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

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

The average zinc; waste and scrap import price stood at $2,648 per ton in 2022, surging by 18% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 56%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($2,661 per ton), while the price for India ($268 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average zinc; waste and scrap export price stood at $1,383 per ton in 2022, with an increase of 1.8% against the previous year. Overall, the export price continues to indicate a moderate increase. The pace of growth appeared the most rapid in 2020 an increase of 95%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +3.6% per year.

Imports of Zinc; Waste and Scrap in Nepal

In 2022, after three years of growth, there was significant decline in supplies from abroad of zinc; waste and scraps, when their volume decreased by -46.6% to 153 tons. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 45%. As a result, imports attained the peak of 286 tons, and then fell remarkably in the following year.

In value terms, zinc; waste and scrap imports fell dramatically to $405K in 2022. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 83% against the previous year. As a result, imports attained the peak of $641K, and then dropped significantly in the following year.

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

1. Malaysia (81.0 tons)
2. United Arab Emirates (71.6 tons)

Exports of Zinc; Waste and Scrap in Nepal

In 2022, the amount of zinc; waste and scraps exported from Nepal surged to 266 tons, with an increase of 23% against 2021. Over the period under review, exports, however, saw a noticeable setback. The pace of growth appeared the most rapid in 2021 when exports increased by 76%.

In value terms, zinc; waste and scrap exports soared to $368K in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 95% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

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

1. India (266.0 tons)

Source: IndexBox Market Intelligence Platform