Price for Ferrous Waste and Scrap; of Cast Iron in Croatia - 2023

Contents:

1. Price for Ferrous Waste and Scrap; of Cast Iron in Croatia (FOB) - 2023
2. Price for Ferrous Waste and Scrap; of Cast Iron in Croatia (CIF) - 2022
3. Exports of Ferrous Waste and Scrap; of Cast Iron in Croatia
4. Imports of Ferrous Waste and Scrap; of Cast Iron in Croatia

Price for Ferrous Waste and Scrap; of Cast Iron in Croatia (FOB) - 2023

The average export price for ferrous waste and scrap; of cast ira stood at $313 per ton in October 2023, which is down by -4% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 20% month-to-month. Over the period under review, the average export prices attained the peak figure at $386 per ton in April 2023; however, from May 2023 to October 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From October 2022 to October 2023, the rate of growth in terms of prices for India amounted to +0.9% per month.

Price for Ferrous Waste and Scrap; of Cast Iron in Croatia (CIF) - 2022

In 2022, the average import price for ferrous waste and scrap; of cast ira amounted to $451 per ton, picking up by 3.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 83% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($467 per ton), while the price for Slovenia ($243 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ferrous Waste and Scrap; of Cast Iron in Croatia

In 2022, the amount of ferrous waste and scrap; of cast ira exported from Croatia rose markedly to 25K tons, with an increase of 11% on 2021. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 34%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of ferrous waste and scrap; of cast ira reached $9.8M in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 127%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Croatia in 2022:

1. Slovenia (24.0K tons)
2. India (0.8K tons)
3. Germany (0.5K tons)
4. Italy (0.1K tons)

Imports of Ferrous Waste and Scrap; of Cast Iron in Croatia

Imports of ferrous waste and scrap; of cast ira into Croatia skyrocketed to 14K tons in 2022, jumping by 379% compared with the previous year's figure. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of ferrous waste and scrap; of cast ira surged to $6.2M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Croatia in 2022:

1. Hungary (8.5K tons)
2. Slovakia (2.2K tons)
3. Czech Republic (1.8K tons)
4. Bosnia and Herzegovina (0.8K tons)
5. Slovenia (0.2K tons)

Source: IndexBox Market Intelligence Platform