Price for Cermets; Articles Thereof, Including Waste and Scrap in Canada - 2024

Contents:

1. Price for Cermets; Articles Thereof, Including Waste and Scrap in Canada (FOB) - 2024
2. Price for Cermets; Articles Thereof, Including Waste and Scrap in Canada (CIF) - 2024
3. Exports of Cermets; Articles Thereof, Including Waste and Scrap in Canada
4. Imports of Cermets; Articles Thereof, Including Waste and Scrap in Canada

Price for Cermets; Articles Thereof, Including Waste and Scrap in Canada (FOB) - 2024

In March 2024, the average export price for cermets; articles thereof, including waste and scrap amounted to $12,023 per ton, waning by -92% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 an increase of 817% month-to-month. As a result, the export price attained the peak level of $150K per ton, and then declined remarkably in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was France ($20,649 per ton), while the average price for exports to Germany ($5,935 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cermets; Articles Thereof, Including Waste and Scrap in Canada (CIF) - 2024

In March 2024, the average import price for cermets; articles thereof, including waste and scrap amounted to $56,264 per ton, which is down by -22.1% against the previous month. In general, import price indicated a pronounced increase from March 2023 to March 2024: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, import price for cermets; articles thereof, including waste and scrap decreased by -28.5% against December 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 52% against the previous month. Over the period under review, average import prices reached the maximum at $97,520 per ton in July 2023; however, from August 2023 to March 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Austria ($126K per ton), while the price for China ($27,703 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the United States (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Cermets; Articles Thereof, Including Waste and Scrap in Canada

In 2022, approx. 1.3K tons of cermets; articles thereof, including waste and scrap were exported from Canada; almost unchanged from 2021 figures. The total export volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, the exports reached the peak of 1.3K tons, leveling off in the following year.

In value terms, exports of cermets; articles thereof, including waste and scrap expanded sharply to $27M in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 76%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Cermets; Articles Thereof, Including Waste and Scrap from Canada in 2022:

1. United States (662.7 tons)
2. Spain (202.7 tons)
3. France (155.5 tons)
4. Germany (129.7 tons)
5. Japan (55.5 tons)
6. China (32.4 tons)
7. Chile (23.9 tons)
8. South Korea (16.8 tons)

Imports of Cermets; Articles Thereof, Including Waste and Scrap in Canada

Imports of cermets; articles thereof, including waste and scrap into Canada dropped to 129 tons in 2022, with a decrease of -11.8% compared with the previous year's figure. Overall, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 32%.

In value terms, imports of cermets; articles thereof, including waste and scrap expanded remarkably to $8.8M in 2022. Over the period under review, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 58% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Cermets; Articles Thereof, Including Waste and Scrap to Canada in 2022:

1. Germany (63.8 tons)
2. United States (23.9 tons)
3. China (22.2 tons)
4. Austria (10.9 tons)
5. South Korea (6.5 tons)

Source: IndexBox Market Intelligence Platform