Price for Zinc; Waste and Scrap in Portugal - 2023

Contents:

1. Price for Zinc; Waste and Scrap in Portugal (FOB) - 2023
2. Price for Zinc; Waste and Scrap in Portugal (CIF) - 2022
3. Exports of Zinc; Waste and Scrap in Portugal
4. Imports of Zinc; Waste and Scrap in Portugal

Price for Zinc; Waste and Scrap in Portugal (FOB) - 2023

In July 2023, the average zinc; waste and scrap export price amounted to $1,809 per ton, waning by -1.8% against the previous month. Over the period under review, the export price saw a mild contraction. The pace of growth was the most pronounced in March 2023 when the average export price increased by 18% month-to-month. As a result, the export price reached the peak level of $2,268 per ton. From April 2023 to July 2023, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In July 2023, the country with the highest price was Spain ($1,819 per ton), while the average price for exports to Belgium totaled $1,733 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (0.0%), while the prices for the other major destinations experienced a decline.

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

In 2021, the average zinc; waste and scrap import price amounted to $2,252 per ton, waning by -11.6% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, zinc; waste and scrap import price decreased by -12.4% against 2017 indices. The pace of growth appeared the most rapid in 2017 an increase of 43%. As a result, import price reached the peak level of $2,569 per ton. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($2,386 per ton), while the price for France stood at $2,182 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+8.2%).

Exports of Zinc; Waste and Scrap in Portugal

In 2022, the amount of zinc; waste and scraps exported from Portugal reached 2.2K tons, with an increase of 5.7% against the year before. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 96%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, zinc; waste and scrap exports skyrocketed to $5.7M in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 151%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

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

1. Spain (1.5K tons)
2. India (0.6K tons)

Imports of Zinc; Waste and Scrap in Portugal

In 2022, approx. 1.4K tons of zinc; waste and scraps were imported into Portugal; growing by 27% compared with the previous year's figure. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 3,316% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, zinc; waste and scrap imports skyrocketed to $4.1M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 2,921%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

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

1. France (695.7 tons)
2. Spain (313.3 tons)

Source: IndexBox Market Intelligence Platform