Price for Zinc; Waste and Scrap in Bulgaria - 2023

Contents:

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

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

The average zinc; waste and scrap export price stood at $1,780 per ton in 2021, rising by 42% against the previous year. Over the last nine years, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2017 when the average export price increased by 52%. The export price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Greece ($2,507 per ton), while the average price for exports to India ($1,576 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 Greece (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2021, the average zinc; waste and scrap import price amounted to $878 per ton, waning by -21.2% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, zinc; waste and scrap import price decreased by -46.5% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 51%. As a result, import price attained the peak level of $1,640 per ton. From 2018 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Serbia ($1,672 per ton), while the price for Romania totaled $382 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Serbia (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Zinc; Waste and Scrap in Bulgaria

In 2022, shipments abroad of zinc; waste and scraps decreased by -11.7% to 390 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 7.6% against the previous year.

In value terms, zinc; waste and scrap exports declined to $741K in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +40.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 49% against the previous year. As a result, the exports attained the peak of $787K, and then contracted in the following year.

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

1. India (162.7 tons)
2. Turkey (128.3 tons)
3. Romania (41.9 tons)
4. Greece (41.0 tons)

Imports of Zinc; Waste and Scrap in Bulgaria

After three years of growth, purchases abroad of zinc; waste and scraps decreased by -38% to 40 tons in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 316%. As a result, imports reached the peak of 65 tons, and then fell sharply in the following year.

In value terms, zinc; waste and scrap imports shrank significantly to $37K in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 228% against the previous year. As a result, imports reached the peak of $57K, and then shrank rapidly in the following year.

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

1. Romania (39.8 tons)
2. Serbia (24.9 tons)

Source: IndexBox Market Intelligence Platform