Price for Zinc; Waste and Scrap in Argentina - 2022

Contents:

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

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

The average zinc; waste and scrap export price stood at $878 per ton in 2022, shrinking by -34% against the previous year. Over the period under review, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in 2015 an increase of 30%. Over the period under review, the average export prices hit record highs at $2,368 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($1,828 per ton), while the average price for exports to Malaysia ($353 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average zinc; waste and scrap import price stood at $3,692 per ton in 2022, rising by 64% against the previous year. Overall, the import price recorded a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +16.3% per year.

Exports of Zinc; Waste and Scrap in Argentina

In 2022, overseas shipments of zinc; waste and scraps decreased by -27.2% to 35 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 50%.

In value terms, zinc; waste and scrap exports contracted rapidly to $30K in 2022. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 17%.

Export of Zinc; Waste and Scrap in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium28.532.435.513.9-21.3%
India18.622.627.710.3-17.9%
MalaysiaN/AN/AN/A6.20%
OthersN/A0.2N/AN/A0%
Total47.155.263.330.4-13.6%

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

  1. Malaysia (17.6 tons)
  2. Belgium (11.4 tons)
  3. India (5.6 tons)

Imports of Zinc; Waste and Scrap in Argentina

In 2022, supplies from abroad of zinc; waste and scraps decreased by -93.3% to 481 kg, falling for the second year in a row after two years of growth. Over the period under review, imports faced a dramatic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 2,245% against the previous year. As a result, imports attained the peak of 70 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, zinc; waste and scrap imports dropped dramatically to $1.8K in 2022. Overall, imports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 2,379%. As a result, imports attained the peak of $146K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Zinc; Waste and Scrap in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.614616.11.8-31.5%
Others0.3N/AN/AN/A0%
Total5.914616.11.8-32.7%

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

  1. United States (481.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Zinc; waste and scrap - Argentina