Price for Zinc; Waste and Scrap in Singapore - 2022

Contents:

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

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

In 2021, the average zinc; waste and scrap export price amounted to $3,335 per ton, increasing by 62% against the previous year. In general, the export price recorded a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was India ($1,593 per ton), while the average price for exports to Malaysia totaled $1,337 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+43.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2021, the average zinc; waste and scrap import price amounted to $1,562 per ton, declining by -15% against the previous year. In general, the import price showed a mild shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 40%. Over the period under review, average import prices reached the maximum at $2,214 per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($1,906 per ton), while the price for Thailand amounted to $798 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Zinc; Waste and Scrap in Singapore

In 2022, the amount of zinc; waste and scraps exported from Singapore contracted notably to 385 tons, shrinking by -88.1% compared with the year before. In general, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 565% against the previous year. As a result, the exports reached the peak of 3.2K tons, and then fell remarkably in the following year.

In value terms, zinc; waste and scrap exports fell notably to $782K in 2022. Over the period under review, exports faced a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 975% against the previous year. As a result, the exports attained the peak of $11M, and then reduced dramatically in the following year.

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

1. India (0.8K tons)
2. Malaysia (0.4K tons)

Imports of Zinc; Waste and Scrap in Singapore

In 2022, after three years of growth, there was significant decline in purchases abroad of zinc; waste and scraps, when their volume decreased by -36.7% to 226 tons. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 277% against the previous year. As a result, imports attained the peak of 357 tons, and then shrank notably in the following year.

In value terms, zinc; waste and scrap imports contracted remarkably to $366K in 2022. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 220%. As a result, imports reached the peak of $557K, and then fell sharply in the following year.

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

1. Indonesia (93.5 tons)
2. Thailand (5.7 tons)

Source: IndexBox Market Intelligence Platform