Price for Zinc; Waste and Scrap in Venezuela - 2022
Contents:
- Price for Zinc; Waste and Scrap in Venezuela (FOB) - 2022
- Exports of Zinc; Waste and Scrap in Venezuela
Price for Zinc; Waste and Scrap in Venezuela (FOB) - 2022
In 2022, the average zinc; waste and scrap export price amounted to $2,365 per ton, jumping by 18% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 +24.2% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,111 per ton), while the average price for exports to Malaysia ($260 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 the United States (+27.4%).
Exports of Zinc; Waste and Scrap in Venezuela
In 2022, approx. 156 tons of zinc; waste and scraps were exported from Venezuela; leveling off at the previous year's figure. Over the period under review, exports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year.
In value terms, zinc; waste and scrap exports skyrocketed to $370K in 2022. Overall, exports saw a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year.
| Export of Zinc; Waste and Scrap in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 646 | 160 | 196 | 187 | -33.8% |
| United States | 432 | 98.3 | 119 | 141 | -31.1% |
| Malaysia | N/A | N/A | N/A | 5.3 | 0% |
| Others | N/A | N/A | N/A | 36.7 | 0% |
| Total | 1,079 | 258 | 315 | 370 | -30.0% |
Top Export Markets for Zinc; Waste and Scrap from Venezuela in 2022:
- India (101.5 tons)
- United States (34.4 tons)
- Malaysia (20.5 tons)
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