Price for Zinc; Waste and Scrap in Panama - 2022
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Price for Zinc; Waste and Scrap in Panama (FOB) - 2022
The average zinc; waste and scrap export price stood at $792 per ton in 2022, dropping by -46.7% against the previous year. Over the period under review, the export price showed a pronounced reduction. The pace of growth was the most pronounced in 2013 an increase of 45% against the previous year. Over the period under review, the average export prices hit record highs at $2,355 per ton in 2018; however, from 2019 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 India ($1,658 per ton), while the average price for exports to Malaysia stood at $659 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+7.1%).
Exports of Zinc; Waste and Scrap in Panama
In 2022, zinc; waste and scrap exports from Panama surged to 171 tons, increasing by 835% on 2021. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, zinc; waste and scrap exports skyrocketed to $136K in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Zinc; Waste and Scrap in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | N/A | N/A | N/A | 97.9 | 0% |
India | 51.5 | 42.8 | 16.3 | 37.8 | -9.8% |
United States | N/A | 17.8 | N/A | N/A | 0% |
Italy | N/A | N/A | 11.0 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 51.5 | 60.7 | 27.3 | 136 | 38.2% |
Top Export Markets for Zinc; Waste and Scrap from Panama in 2022:
- Malaysia (148.6 tons)
- India (22.8 tons)
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