Price for Zinc; Waste and Scrap in Japan - 2023

Contents:

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

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

The average zinc; waste and scrap export price stood at $1,807 per ton in July 2023, declining by -24.1% against the previous month. Overall, the export price saw a mild contraction. The pace of growth appeared the most rapid in November 2022 an increase of 28% against the previous month. As a result, the export price reached the peak level of $2,403 per ton. From December 2022 to July 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($2,667 per ton), while the average price for exports to Malaysia ($1,336 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 Hong Kong SAR (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Zinc; Waste and Scrap in Japan (CIF) - 2023

In July 2023, the average zinc; waste and scrap import price amounted to $2,551 per ton, dropping by -15.3% against the previous month. In general, the import price recorded a mild contraction. The most prominent rate of growth was recorded in March 2023 an increase of 29% m-o-m. The import price peaked at $3,296 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($4,101 per ton), while the price for Malaysia ($1,939 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 United States (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Zinc; Waste and Scrap in Japan

In 2022, exports of zinc; waste and scraps from Japan surged to 5.5K tons, jumping by 38% on 2021 figures. Overall, exports, however, saw a abrupt slump.

In value terms, zinc; waste and scrap exports soared to $12M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -8.3% against 2020 indices.

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

1. Hong Kong SAR (1704.6 tons)
2. Malaysia (668.9 tons)
3. South Korea (555.3 tons)
4. Belgium (398.4 tons)
5. China (386.7 tons)
6. Thailand (329.1 tons)
7. India (194.0 tons)

Imports of Zinc; Waste and Scrap in Japan

In 2022, zinc; waste and scrap imports into Japan surged to 8.6K tons, with an increase of 506% on 2021 figures. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, zinc; waste and scrap imports surged to $9.8M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Malaysia (1226.0 tons)
2. United States (111.6 tons)
3. Indonesia (60.0 tons)
4. Taiwan (Chinese) (25.8 tons)

Source: IndexBox Market Intelligence Platform