Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Belarus - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Belarus (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Belarus (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Belarus
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Belarus
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Belarus (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $495 per ton, declining by -10.1% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ferrous waste and scrap; of alloy steel (excluding stainless)s increased by +48.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 65% against the previous year. As a result, the export price attained the peak level of $551 per ton, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($734 per ton), while the average price for exports to Poland ($106 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 Ukraine (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Belarus (CIF) - 2022
The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $308 per ton in 2022, picking up by 3.3% against the previous year. Overall, the import price, however, showed a perceptible decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 31% against the previous year. The import price peaked at $453 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -3.3% per year.
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Belarus
In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s exported from Belarus reduced notably to 1.9K tons, which is down by -38.3% against 2021. Over the period under review, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s dropped markedly to $920K in 2022. In general, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 37%.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 610 | 429 | 965 | 646 | 1.9% |
| Lithuania | 430 | 215 | 53.3 | 133 | -32.4% |
| Ukraine | 149 | 112 | 59.0 | 37.4 | -36.9% |
| Turkey | 54.6 | N/A | N/A | 32.9 | -15.5% |
| Poland | 16.3 | 14.5 | 11.3 | 6.8 | -25.3% |
| Others | 99.4 | 94.3 | 96.5 | 63.0 | -14.1% |
| Total | 1,359 | 864 | 1,185 | 920 | -12.2% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Belarus in 2022:
- Latvia (1416.4 tons)
- Lithuania (274.1 tons)
- Poland (64.3 tons)
- Ukraine (51.0 tons)
- Turkey (13.7 tons)
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Belarus
In 2022, supplies from abroad of ferrous waste and scrap; of alloy steel (excluding stainless)s decreased by -36.3% to 817 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 102% against the previous year. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s contracted remarkably to $251K in 2022. In general, imports saw a perceptible decline. The most prominent rate of growth was recorded in 2020 when imports increased by 76%. As a result, imports attained the peak of $479K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 242 | 417 | 360 | 249 | 1.0% |
| Others | 30.9 | 62.3 | 5.6 | 2.2 | -58.6% |
| Total | 273 | 479 | 365 | 251 | -2.8% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Belarus in 2022:
- Russia (816.1 tons)
404
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Belarus.
742
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
404
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Belarus.
742
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
Nothing found. Please try again.
