Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Bolivia - 2023

Contents:

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

Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Bolivia (FOB) - 2023

In October 2023, the average export price for ferrous waste and scrap; of tinned iron or steels amounted to $191 per ton, reducing by -4.8% against the previous month. Over the period under review, the export price recorded a mild shrinkage. The growth pace was the most rapid in March 2023 an increase of 169% against the previous month. Over the period under review, the average export prices reached the peak figure at $222 per ton in November 2022; however, from December 2022 to October 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($405 per ton), while the average price for exports to Taiwan (Chinese) ($14.0 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+0.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Bolivia (CIF) - 2022

The average import price for ferrous waste and scrap; of tinned iron or steels stood at $430 per ton in 2022, growing by 44% against the previous year. In general, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2013 an increase of 47%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($431 per ton), while the price for Brazil stood at $430 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+7.4%).

Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Bolivia

Exports of ferrous waste and scrap; of tinned iron or steels from Bolivia soared to 70K tons in 2022, surging by 67% against the previous year. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 3,303%. 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 tinned iron or steels fell slightly to $5.5M in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 4,959%. As a result, the exports attained the peak of $5.6M, and then fell in the following year.

Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from Bolivia in 2022:

1. Brazil (51.9K tons)
2. Taiwan (Chinese) (10.1K tons)
3. Chile (4.5K tons)
4. Peru (2.1K tons)
5. India (1.2K tons)

Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Bolivia

In 2022, purchases abroad of ferrous waste and scrap; of tinned iron or steels decreased by -78.8% to 4.7 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports faced a dramatic shrinkage.

In value terms, imports of ferrous waste and scrap; of tinned iron or steels fell notably to $2K in 2022. In general, imports showed a sharp contraction.

Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Bolivia in 2022:

1. Brazil (4.6 tons)
2. South Korea (0.1 tons)

Source: IndexBox Market Intelligence Platform