Price for Zinc; Waste and Scrap in Kuwait - 2021

Contents:

1. Price for Zinc; Waste and Scrap in Kuwait (FOB) - 2022
2. Exports of Zinc; Waste and Scrap in Kuwait

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

In 2021, the average zinc; waste and scrap export price amounted to $2,002 per ton, increasing by 7.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2018 an increase of 32% against the previous year. The export price peaked at $2,146 per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was India ($2,036 per ton), while the average price for exports to the United Arab Emirates totaled $2,000 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.

Exports of Zinc; Waste and Scrap in Kuwait

In 2022, shipments abroad of zinc; waste and scraps increased by 188% to 365 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a precipitous decrease.

In value terms, zinc; waste and scrap exports soared to $687K in 2022. In general, exports, however, recorded a sharp descent.

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

1. India (492.1 tons)
2. United Arab Emirates (228.8 tons)

Source: IndexBox Market Intelligence Platform