Price for Zinc; Waste and Scrap in the Dominican Republic - 2023

Contents:

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

Price for Zinc; Waste and Scrap in the Dominican Republic (FOB) - 2022

The average zinc; waste and scrap export price stood at $799 per ton in 2021, increasing by 32% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.9% 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 export price increased by +21.5% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 61%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was India ($1,644 per ton), while the average price for exports to Belgium ($400 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+43.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Zinc; Waste and Scrap in the Dominican Republic (CIF) - 2022

The average zinc; waste and scrap import price stood at $3,312 per ton in 2021, rising by 6.3% against the previous year. Overall, the import price saw a strong increase. The pace of growth appeared the most rapid in 2017 an increase of 71%. The import price peaked in 2021 and is likely to see gradual growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -15.5% per year.

Exports of Zinc; Waste and Scrap in the Dominican Republic

After three years of growth, shipments abroad of zinc; waste and scraps decreased by -15.1% to 407 tons in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, the exports attained the peak of 479 tons, and then fell remarkably in the following year.

In value terms, zinc; waste and scrap exports fell markedly to $292K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year. As a result, the exports attained the peak of $383K, and then reduced dramatically in the following year.

Top Export Markets for Zinc; Waste and Scrap from the Dominican Republic in 2022:

1. Belgium (227.6 tons)
2. India (147.8 tons)
3. United States (103.9 tons)

Imports of Zinc; Waste and Scrap in the Dominican Republic

In 2022, overseas purchases of zinc; waste and scraps were finally on the rise to reach 344 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt setback.

In value terms, zinc; waste and scrap imports reduced to $1.1K in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 2.4% against the previous year.

Top Suppliers of Zinc; Waste and Scrap to the Dominican Republic in 2022:

1. United States (3.0 tons)

Source: IndexBox Market Intelligence Platform