UK, "A Potential Scrap Nickel & Scrap Lead Exports Market"

 

UK, A Potential Scrap Nickel & Scrap Lead Exports Market

As the world is looking for the most recyclable and sustainable future, the demand for eco-friendly products is continuously increasing. Scrap metals are among one of them as they are quite beneficial for the environment. In this blog, you will read about the detailed information on UK's scrap nickel and scrap lead exports which is the leading market for these products.

The United Kingdom is the leading scrap lead exporter in the world. According to the UK export data, the country's scrap lead exports are recorded to be $98 million during FY 2022. During that year, around 65 thousand metric tonnes of scrap lead was carried out. It was comparatively low in contrast to 85 thousand metric tonnes during fiscal year 2021.


The UK’s scrap lead exports show huge demand in India which has over 38% share in the UK’s scrap lead exports. After India, Ireland was the second leading market for lead exports responsible for over 32% market share. Whereas, Portugal, Sweden, Spain, Pakistan and Thailand are some prominent importers of UK scrap lead .


The fastest growing markets for UK’s scrap lead exports were India, Ireland and Pakistan. Although scrap lead exports to Sweden, Hong Kong and Czech Republic have declined significantly. France and the United States are posing a stiff competition to the UK in terms of scrap lead imports. 


In terms of scrap lead imports, the UK favoured Ireland, Belgium, Netherlands, Norway and France for the scrap lead imports. UK import data shows that the country’s lead imports totaled around $4 million during the financial year 2022.  India, Spain and Belgium are the top competitors in terms of scrap lead imports globally. 


European Metal Recycling is the top scrap lead importing company from the United Kingdom accounting for the 50% share of the UK's total scrap lead exports. Sims Global Commodities, The Remet Company, Concorde mEtals and Sansing are the top scrap lead export companies from the UK.


The UK is the biggest scrap nickel exporter in the world. The UK import export data shows that around $128 million worth of scrap nickel was exported from the United Kingdom. The top destinations for UK scrap nickel exports were the United States, Taiwan, Japan, Germany and Sweden. 


There was a rise in the demand for UK's scrap nickel exports to the United States, Taiwan and Japan. Although, the exports declined to India, Pakistan and Canada. Advanced Alloy Services and Backer EHP INC are the top scrap nickel suppliers from the United Kingdom. Advanced Alloy Services was responsible for over 75% share of the UK's overall scrap nickel exports.


The UK customs data shows that scrap nickel imports were around $92 million during FY 2022. It is also the 4th leading scrap nickel importer in the world. The UK's most prominent markets for scrap nickel imports were Germany, Japan, France, Italy and India. Select Alloy & Materials, ICD Europe and Revert Alloys & Metals are the leading Scrap nickel importers from the UK market.


UK scrap metals business owners can now switch to global import export data provider for more insightful market research. A global trade data will help you to analyze scrap metal demand, price, quantity evaluation, procurement, sourcing decisions, and lead generation. It gives you insights into the top buyers and suppliers shipments. It helps you make effective business planning to align your company as per the emerging market trends.

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