Price for Zinc; Waste and Scrap in Denmark - 2023

Contents:

1. Price for Zinc; Waste and Scrap in Denmark (FOB) - 2023
2. Price for Zinc; Waste and Scrap in Denmark (CIF) - 2022
3. Exports of Zinc; Waste and Scrap in Denmark
4. Imports of Zinc; Waste and Scrap in Denmark

Price for Zinc; Waste and Scrap in Denmark (FOB) - 2023

In July 2023, the average zinc; waste and scrap export price amounted to $2,034 per ton, rising by 12% against the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 27% against the previous month. The export price peaked at $2,457 per ton in November 2022; however, from December 2022 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($2,188 per ton), while the average price for exports to the Netherlands ($1,379 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 India (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2021, the average zinc; waste and scrap import price amounted to $1,844 per ton, increasing by 18% against the previous year. In general, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +7.4% 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 -2.7% against 2019 indices. The growth pace was the most rapid in 2018 an increase of 73% against the previous year. The import price peaked at $1,895 per ton in 2019; however, from 2020 to 2021, 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 Germany ($2,198 per ton), while the price for Faroe Islands ($900 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Faroe Islands (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zinc; Waste and Scrap in Denmark

In 2022, the amount of zinc; waste and scraps exported from Denmark was estimated at 3.8K tons, rising by 4.6% against 2021. The total export volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 7.8% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, zinc; waste and scrap exports surged to $9.9M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (989.0 tons)
2. India (826.4 tons)
3. Belgium (455.7 tons)
4. Malaysia (345.6 tons)
5. Sweden (339.8 tons)
6. Thailand (295.6 tons)
7. Poland (196.3 tons)
8. Italy (28.6 tons)

Imports of Zinc; Waste and Scrap in Denmark

In 2022, after three years of growth, there was significant decline in overseas purchases of zinc; waste and scraps, when their volume decreased by -57.9% to 56 tons. Overall, imports saw a mild descent. The pace of growth appeared the most rapid in 2021 with an increase of 110% against the previous year. As a result, imports attained the peak of 134 tons, and then contracted sharply in the following year.

In value terms, zinc; waste and scrap imports shrank markedly to $124K in 2022. Over the period under review, imports, however, continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 147% against the previous year. As a result, imports attained the peak of $246K, and then fell dramatically in the following year.

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

1. Germany (61.0 tons)
2. Sweden (41.2 tons)
3. Norway (27.2 tons)
4. Faroe Islands (2.9 tons)

Source: IndexBox Market Intelligence Platform