Price for Tin; Waste and Scrap in Pakistan - 2022
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Price for Tin; Waste and Scrap in Pakistan (CIF) - 2022
In 2022, the average tin; waste and scrap import price amounted to $378 per ton, reducing by -28.7% against the previous year. In general, the import price continues to indicate a slight downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 56%. The import price peaked at $530 per ton in 2021, and then reduced rapidly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($382 per ton), while the price for China amounted to $374 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tin; Waste and Scrap in Pakistan
In 2022, approx. 2 tons of tin; waste and scraps were imported into Pakistan; shrinking by -99.9% against the year before. In general, imports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of 2.2K tons, and then shrank remarkably in the following year.
In value terms, tin; waste and scrap imports contracted sharply to $756 in 2022. Overall, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 97%. As a result, imports reached the peak of $1.1M, and then fell dramatically in the following year.
Import of Tin; Waste and Scrap in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 36.3 | 61.8 | 116 | 0.4 | -77.7% |
China | N/A | N/A | N/A | 0.4 | 0% |
New Zealand | 48.8 | 34.2 | 56.6 | N/A | 7.7% |
Malaysia | 106 | 99.4 | 220 | N/A | 44.1% |
United Kingdom | 18.2 | 21.4 | 89.4 | N/A | 121.6% |
Philippines | 92.0 | 73.1 | 137 | N/A | 22.0% |
Australia | 183 | 148 | 283 | N/A | 24.4% |
United States | 160 | 142 | 240 | N/A | 22.5% |
Others | 2.8 | 1.0 | 0.1 | N/A | -81.1% |
Total | 647 | 581 | 1,143 | 0.8 | -89.3% |
Top Suppliers of Tin; Waste and Scrap to Pakistan in 2022:
- United Arab Emirates (1.0 tons)
- China (1.0 tons)
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