Price for Zinc; Waste and Scrap in Russia - 2022

Contents:

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

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

In 2021, the average zinc; waste and scrap export price amounted to $1,191 per ton, picking up by 17% against the previous year. Over the period under review, the export price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2014 an increase of 97%. The export price peaked at $2,032 per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Belarus ($1,219 per ton), while the average price for exports to India ($1,180 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average zinc; waste and scrap import price stood at $2,359 per ton in 2021, with an increase of 151% against the previous year. Overall, the import price posted a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kyrgyzstan ($1,783 per ton), while the price for Kazakhstan amounted to $910 per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+6.1%).

Exports of Zinc; Waste and Scrap in Russia

In 2022, overseas shipments of zinc; waste and scraps decreased by -25.4% to 707 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 333% against the previous year.

In value terms, zinc; waste and scrap exports fell rapidly to $802K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 138% against the previous year. As a result, the exports attained the peak of $1.1M, and then contracted sharply in the following year.

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

1. Hong Kong SAR (670.3 tons)
2. India (250.0 tons)
3. Belarus (27.8 tons)

Imports of Zinc; Waste and Scrap in Russia

Zinc; waste and scrap imports into Russia contracted to 217 tons in 2022, which is down by -8.1% against the previous year. Over the period under review, imports showed a significant curtailment. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year.

In value terms, zinc; waste and scrap imports declined markedly to $19K in 2022. In general, imports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 199%.

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

1. Kazakhstan (510.7 tons)
2. Kyrgyzstan (51.6 tons)

Source: IndexBox Market Intelligence Platform