Price for Zinc; Waste and Scrap in Iran - 2022

Contents:

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

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

In 2022, the average zinc; waste and scrap import price amounted to $727 per ton, surging by 15% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 182%. The import price peaked at $1,052 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -0.5% per year.

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

In 2022, the average zinc; waste and scrap export price amounted to $683 per ton, surging by 17% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc; waste and scrap export price increased by +105.3% against 2017 indices. The growth pace was the most rapid in 2015 an increase of 35%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($715 per ton), while the average price for exports to the United Arab Emirates ($86 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 India (+7.0%), while the prices for the other major destinations experienced a decline.

Imports of Zinc; Waste and Scrap in Iran

In 2022, approx. 115 tons of zinc; waste and scraps were imported into Iran; with an increase of 1.6% against 2021 figures. In general, imports, however, continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 1.6%.

In value terms, zinc; waste and scrap imports soared to $84K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 42%. Imports peaked in 2022 and are likely to see steady growth in the near future.

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

1. Kazakhstan (114.9 tons)

Exports of Zinc; Waste and Scrap in Iran

In 2022, zinc; waste and scrap exports from Iran fell slightly to 44 tons, dropping by -2.7% against the previous year's figure. Over the period under review, exports saw a pronounced reduction.

In value terms, zinc; waste and scrap exports rose sharply to $30K in 2022. The total export value increased at an average annual rate of +13.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Turkey (40.9 tons)
2. United Arab Emirates (2.1 tons)
3. India (0.5 tons)

Source: IndexBox Market Intelligence Platform