Price for Zinc; Waste and Scrap in Algeria - 2022

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

The average zinc; waste and scrap export price stood at $1,416 per ton in 2022, which is down by -2.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 an increase of 34% against the previous year. As a result, the export price reached the peak level of $1,697 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -1.5% per year.

Exports of Zinc; Waste and Scrap in Algeria

For the fourth year in a row, Algeria recorded growth in overseas shipments of zinc; waste and scraps, which increased by 7.5% to 93 tons in 2022. The total export volume increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 7.5% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, zinc; waste and scrap exports expanded remarkably to $132K in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.