Lead Ore Price in Serbia - 2023

Contents:

1. Lead Ore Price in Serbia (FOB) - 2023
2. Lead Ore Price in Serbia (CIF) - 2022
3. Lead Ore Exports in Serbia
4. Lead Ore Imports in Serbia

Lead Ore Price in Serbia (FOB) - 2023

The average lead ore export price stood at $3,071 per ton in November 2023, waning by -13.6% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.3%. The pace of growth appeared the most rapid in February 2023 an increase of 28% against the previous month. As a result, the export price reached the peak level of $3,745 per ton. From March 2023 to November 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($9,438 per ton), while the average price for exports to Bulgaria ($1,444 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Lead Ore Price in Serbia (CIF) - 2022

In 2022, the average lead ore import price amounted to $1,328 per ton, approximately reflecting the previous year. In general, the import price, however, continues to indicate pronounced growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 17%. As a result, import price reached the peak level of $1,328 per ton, leveling off in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bulgaria ($1,342 per ton), while the price for Turkey amounted to $1,275 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Lead Ore Exports in Serbia

In 2022, shipments abroad of lead ores decreased by -1.9% to 17K tons, falling for the second consecutive year after two years of growth. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 4.8%. As a result, the exports attained the peak of 18K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, lead ore exports declined to $48M in 2022. The total export value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports reached the peak of $49M, and then reduced in the following year.

Top Export Markets for Lead Ore from Serbia in 2022:

1. South Korea (1.3K tons)
2. Montenegro (1.0K tons)
3. United Kingdom (0.4K tons)
4. Bulgaria (0.4K tons)
5. Luxembourg (0.3K tons)
6. Germany (0.3K tons)
7. China (0.3K tons)

Lead Ore Imports in Serbia

After two years of growth, overseas purchases of lead ores decreased by -50% to 102 tons in 2022. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 681,527% against the previous year. As a result, imports reached the peak of 204 tons, and then fell notably in the following year.

In value terms, lead ore imports fell remarkably to $136K in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 798,638% against the previous year. As a result, imports attained the peak of $272K, and then reduced sharply in the following year.

Top Suppliers of Lead Ore to Serbia in 2022:

1. Turkey (161.4 tons)
2. Bulgaria (99.5 tons)

Source: IndexBox Market Intelligence Platform