Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Chile - 2023
Contents:
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Chile (FOB) - 2022
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Chile (CIF) - 2022
- Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Chile
- Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Chile
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Chile (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $433 per ton, leveling off at the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 70%. As a result, the export price attained the peak level of $434 per ton, leveling off in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($1,327 per ton), while the average price for exports to Bangladesh ($311 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Chile (CIF) - 2022
The average import price for ferrous waste and scrap; remelting scrap ingots of iron or steels stood at $410 per ton in 2022, rising by 10% against the previous year. In general, the import price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by 233% against the previous year. Over the period under review, average import prices hit record highs at $5,155 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,067 per ton), while the price for Bolivia ($353 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the prices for the other major suppliers experienced a decline.
Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Chile
In 2022, overseas shipments of ferrous waste and scrap; remelting scrap ingots of iron or steels were finally on the rise to reach 273K tons after two years of decline. Overall, exports, however, recorded a deep setback.
In value terms, exports of ferrous waste and scrap; remelting scrap ingots of iron or steels surged to $118M in 2022. In general, total exports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 9.4 | 11.6 | 12.6 | 44.2 | 67.5% |
| Vietnam | 6.4 | 7.5 | 15.6 | 25.5 | 58.5% |
| Taiwan (Chinese) | 2.0 | 10.3 | 10.9 | 15.9 | 99.6% |
| Bangladesh | 52.8 | 30.3 | 10.9 | 10.3 | -42.0% |
| Thailand | 2.7 | 7.5 | 4.7 | 4.3 | 16.8% |
| India | 16.5 | 11.2 | 6.8 | 3.7 | -39.2% |
| Indonesia | 6.7 | 1.9 | 1.6 | 1.3 | -42.1% |
| Others | 8.1 | 5.8 | 11.5 | 13.3 | 18.0% |
| Total | 105 | 86.1 | 74.5 | 118 | 4.0% |
Top Export Markets for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel from Chile in 2022:
- Peru (110.7K tons)
- Vietnam (67.0K tons)
- Taiwan (Chinese) (41.2K tons)
- Bangladesh (32.9K tons)
- Thailand (8.9K tons)
- India (2.8K tons)
- Indonesia (2.3K tons)
Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Chile
In 2022, after three years of growth, there was significant decline in overseas purchases of ferrous waste and scrap; remelting scrap ingots of iron or steels, when their volume decreased by -42.8% to 14K tons. In general, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 761% against the previous year.
In value terms, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels declined rapidly to $5.9M in 2022. Overall, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 1,119% against the previous year.
| Import of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | N/A | 0.2 | 6.4 | 2.9 | 280.8% |
| Peru | N/A | 0.6 | 1.8 | 2.0 | 82.6% |
| China | N/A | 0.7 | 0.8 | 0.6 | -7.4% |
| Others | 0.1 | 0.3 | 0.5 | 0.5 | 71.0% |
| Total | 0.1 | 1.8 | 9.4 | 5.9 | 289.3% |
Top Suppliers of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel to Chile in 2022:
- Bolivia (8.2K tons)
- Peru (3.2K tons)
- China (0.3K tons)
483
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Chile.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
483
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Chile.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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