Price for Zinc; Waste and Scrap in Luxembourg - 2023

Contents:

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

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

In 2021, the average zinc; waste and scrap export price amounted to $1,657 per ton, growing by 11% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2017 an increase of 27%. The export price peaked at $2,014 per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($1,842 per ton), while the average price for exports to Belgium ($886 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 Germany (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2021, the average zinc; waste and scrap import price amounted to $1,780 per ton, picking up by 16% against the previous year. Over the period under review, the import price posted buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to +9.8% per year.

Exports of Zinc; Waste and Scrap in Luxembourg

In 2022, after three years of growth, there was significant decline in overseas shipments of zinc; waste and scraps, when their volume decreased by -15.2% to 519 tons. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 19%.

In value terms, zinc; waste and scrap exports rose notably to $1.1M in 2022. The total export value increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 13% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

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

1. Germany (437.4 tons)
2. France (109.3 tons)
3. Belgium (64.9 tons)

Imports of Zinc; Waste and Scrap in Luxembourg

In 2022, supplies from abroad of zinc; waste and scraps decreased by -48.8% to 1.3 tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 4,063% against the previous year. As a result, imports reached the peak of 2.6 tons, and then declined sharply in the following year.

In value terms, zinc; waste and scrap imports fell markedly to $2.3K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 4,735%. As a result, imports attained the peak of $4.6K, and then reduced notably in the following year.

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

1. Belgium (2.6 tons)

Source: IndexBox Market Intelligence Platform