Price for Zinc; Waste and Scrap in Lithuania - 2023

Contents:

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

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

In 2022, the average zinc; waste and scrap export price amounted to $2,177 per ton, growing by 21% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +8.4% 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 +56.8% against 2020 indices. The growth pace was the most rapid in 2017 when the average export price increased by 49%. The export price peaked at $2,243 per ton in 2018; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($2,514 per ton), while the average price for exports to Malaysia ($1,233 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 Singapore (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average zinc; waste and scrap import price amounted to $1,787 per ton, picking up by 8.5% against the previous year. In general, the import price, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 38% against the previous year. The import price peaked at $2,435 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($2,195 per ton) and Georgia ($2,063 per ton), while the price for Estonia ($1,664 per ton) and Latvia ($1,770 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+33.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Zinc; Waste and Scrap in Lithuania

In 2022, the amount of zinc; waste and scraps exported from Lithuania skyrocketed to 548 tons, growing by 27% against 2021. Overall, exports, however, saw a perceptible curtailment.

In value terms, zinc; waste and scrap exports surged to $1.2M in 2022. In general, exports posted a pronounced expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. France (288.0 tons)
2. India (162.2 tons)
3. Malaysia (36.2 tons)
4. Latvia (24.7 tons)
5. Italy (23.1 tons)
6. Poland (10.1 tons)

Imports of Zinc; Waste and Scrap in Lithuania

In 2022, after three years of growth, there was significant decline in overseas purchases of zinc; waste and scraps, when their volume decreased by -26.3% to 179 tons. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 26%.

In value terms, zinc; waste and scrap imports shrank markedly to $320K in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 60% against the previous year. As a result, imports attained the peak of $400K, and then shrank markedly in the following year.

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

1. Estonia (72.9 tons)
2. Poland (70.3 tons)
3. Germany (15.5 tons)
4. Latvia (13.9 tons)
5. Georgia (6.3 tons)

Source: IndexBox Market Intelligence Platform