Price for Zinc; Waste and Scrap in Belgium - 2023
Contents:
- Price for Zinc; Waste and Scrap in Belgium (CIF) - 2023
- Price for Zinc; Waste and Scrap in Belgium (FOB) - 2023
- Imports of Zinc; Waste and Scrap in Belgium
- Exports of Zinc; Waste and Scrap in Belgium
Price for Zinc; Waste and Scrap in Belgium (CIF) - 2023
The average zinc; waste and scrap import price stood at $1,745 per ton in July 2023, shrinking by -12.9% against the previous month. Overall, the import price saw a slight curtailment. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 26% m-o-m. As a result, import price attained the peak level of $2,752 per ton. From September 2022 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the UK ($2,546 per ton), while the price for Kenya ($463 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Zinc; Waste and Scrap in Belgium (FOB) - 2023
The average zinc; waste and scrap export price stood at $2,331 per ton in July 2023, surging by 12% against the previous month. Overall, export price indicated a perceptible increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, zinc; waste and scrap export price increased by +21.3% against May 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 84% month-to-month. As a result, the export price reached the peak level of $3,001 per ton. From February 2023 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Malaysia ($3,787 per ton), while the average price for exports to the Netherlands ($1,217 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Zinc; Waste and Scrap in Belgium
In 2022, approx. 35K tons of zinc; waste and scraps were imported into Belgium; with a decrease of -31.9% on the previous year's figure. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. As a result, imports reached the peak of 52K tons, and then dropped rapidly in the following year.
In value terms, zinc; waste and scrap imports contracted to $92M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 91%. As a result, imports reached the peak of $107M, and then contracted in the following year.
| Import of Zinc; Waste and Scrap in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| France | 27.2 | 20.5 | 27.5 | 0.5% | |
| Sweden | 1.5 | 1.2 | 16.6 | 232.7% | |
| Germany | 18.1 | 11.7 | 15.1 | -8.7% | |
| Netherlands | 7.3 | 9.1 | 12.7 | 31.9% | |
| United Kingdom | 3.5 | 3.0 | 7.5 | 46.4% | |
| Thailand | 1.9 | 1.5 | 7.2 | 94.7% | |
| United States | 1.6 | 1.7 | 6.6 | 103.1% | |
| Spain | 10.8 | 2.3 | 3.1 | -46.4% | |
| Others | 5.1 | 5.4 | 11.1 | 47.5% | |
| Total | 77.0 | 56.3 | 107 | 17.9% | |
Top Suppliers of Zinc; Waste and Scrap to Belgium in 2022:
- France (13.7K tons)
- Netherlands (7.0K tons)
- Germany (6.6K tons)
- Sweden (5.4K tons)
- United States (3.3K tons)
- Thailand (3.3K tons)
- United Kingdom (3.1K tons)
- Spain (2.1K tons)
Exports of Zinc; Waste and Scrap in Belgium
In 2022, overseas shipments of zinc; waste and scraps decreased by -21.6% to 11K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a pronounced curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 12%. As a result, the exports attained the peak of 14K tons, and then fell markedly in the following year.
In value terms, zinc; waste and scrap exports fell to $24M in 2022. The total export value increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. As a result, the exports reached the peak of $27M, and then declined in the following year.
| Export of Zinc; Waste and Scrap in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| France | 3.4 | 1.8 | 8.3 | 56.2% | |
| Netherlands | 3.7 | 2.6 | 6.1 | 28.4% | |
| Taiwan (Chinese) | N/A | 0.5 | 2.5 | 400.0% | |
| Sri Lanka | N/A | 0.4 | 2.1 | 425.0% | |
| Italy | 1.4 | 1.7 | 2.0 | 19.5% | |
| India | 2.3 | 0.5 | 2.0 | -6.7% | |
| United States | N/A | 0.4 | 1.5 | 275.0% | |
| China | 3.0 | 4.1 | 1.3 | -34.2% | |
| Poland | 1.8 | 0.5 | 0.7 | -37.6% | |
| Malaysia | 0.8 | 1.4 | 0.5 | -20.9% | |
| United Kingdom | 0.7 | 0.2 | 0.2 | -46.5% | |
| Germany | 1.1 | 1.9 | 0.2 | -57.4% | |
| Hong Kong SAR | 0.3 | 3.6 | N/A | 1100.0% | |
| Others | 0.3 | 1.3 | 0.3 | 0.0% | |
| Total | 18.9 | 20.7 | 27.5 | 20.6% | |
Top Export Markets for Zinc; Waste and Scrap from Belgium in 2022:
- Netherlands (4.3K tons)
- France (3.0K tons)
- United States (1.3K tons)
- India (1.2K tons)
- Italy (1.0K tons)
- Sri Lanka (0.9K tons)
- Taiwan (Chinese) (0.6K tons)
- China (0.5K tons)
- Poland (0.3K tons)
- Malaysia (0.3K tons)
- United Kingdom (0.2K tons)
- Germany (0.1K tons)
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