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

Contents:

1. Price for Cermets; Articles Thereof, Including Waste and Scrap in the UK (CIF) - 2022
2. Price for Cermets; Articles Thereof, Including Waste and Scrap in the UK (FOB) - 2022
3. Imports of Cermets; Articles Thereof, Including Waste and Scrap in the UK
4. Exports of Cermets; Articles Thereof, Including Waste and Scrap in the UK

Price for Cermets; Articles Thereof, Including Waste and Scrap in the UK (CIF) - 2022

The average import price for cermets; articles thereof, including waste and scrap stood at $73,893 per ton in 2022, dropping by -2.5% against the previous year. Over the period under review, the import price, however, saw a noticeable expansion. The pace of growth appeared the most rapid in 2019 an increase of 74% against the previous year. Over the period under review, average import prices attained the peak figure at $75,750 per ton in 2021, and then contracted in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($85,735 per ton) and Austria ($84,077 per ton), while the price for the United States ($57,818 per ton) and China ($59,392 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cermets; Articles Thereof, Including Waste and Scrap in the UK (FOB) - 2022

In 2022, the average export price for cermets; articles thereof, including waste and scrap amounted to $39,860 per ton, with an increase of 60% against the previous year. Over the period under review, the export price recorded a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($132,287 per ton), while the average price for exports to Belgium ($16,414 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 (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 371 tons of cermets; articles thereof, including waste and scrap were imported into the UK; jumping by 60% against the previous year's figure. In general, imports, however, showed a pronounced descent.

In value terms, imports of cermets; articles thereof, including waste and scrap skyrocketed to $27M in 2022. Overall, imports enjoyed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. United States (142.9 tons)
2. Germany (100.9 tons)
3. Austria (74.9 tons)
4. China (32.9 tons)

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

In 2022, the amount of cermets; articles thereof, including waste and scrap exported from the UK fell dramatically to 170 tons, reducing by -30.5% against the previous year. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 53%.

In value terms, exports of cermets; articles thereof, including waste and scrap rose rapidly to $6.8M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +95.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

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

1. Germany (76.3 tons)
2. Italy (37.3 tons)
3. Austria (21.7 tons)
4. United States (11.8 tons)
5. Brazil (4.8 tons)
6. France (3.9 tons)
7. China (3.0 tons)
8. Belgium (1.9 tons)
9. India (1.2 tons)

Source: IndexBox Market Intelligence Platform