Price for Zinc; Waste and Scrap in Estonia - 2023

Contents:

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

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

The average zinc; waste and scrap export price stood at $2,684 per ton in 2022, with an increase of 13% against the previous year. Over the period under review, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of 48% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($2,914 per ton), while the average price for exports to Lithuania stood at $1,681 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average zinc; waste and scrap import price stood at $1,601 per ton in 2022, surging by 75% against the previous year. Overall, the import price continues to indicate a tangible expansion. The import price peaked at $1,931 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($2,060 per ton), while the price for Cyprus totaled $1,511 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (-4.0%).

Exports of Zinc; Waste and Scrap in Estonia

In 2022, shipments abroad of zinc; waste and scraps decreased by -45.7% to 74 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a mild reduction. The growth pace was the most rapid in 2020 when exports increased by 67% against the previous year.

In value terms, zinc; waste and scrap exports declined significantly to $199K in 2022. In general, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year.

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

1. Latvia (60.4 tons)
2. Lithuania (13.9 tons)

Imports of Zinc; Waste and Scrap in Estonia

In 2022, overseas purchases of zinc; waste and scraps decreased by -85.1% to 7.1 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2020 with an increase of 11%. As a result, imports attained the peak of 102 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, zinc; waste and scrap imports fell markedly to $11K in 2022. Over the period under review, imports continue to indicate a precipitous descent. The smallest decline of -7.4% was in 2020.

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

1. Cyprus (5.9 tons)
2. Denmark (1.2 tons)

Source: IndexBox Market Intelligence Platform