Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ecuador - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ecuador (CIF) - 2022
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ecuador (FOB) - 2022
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ecuador
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ecuador
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ecuador (CIF) - 2022
The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $244 per ton in 2022, approximately equating the previous year. In general, the import price, however, saw a pronounced setback. The growth pace was the most rapid in 2013 when the average import price increased by 83% against the previous year. Over the period under review, average import prices attained the maximum at $942 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($345 per ton), while the price for the Dominican Republic ($147 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-1.3%), while the prices for the other major suppliers experienced a decline.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ecuador (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $663 per ton, rising by 12% against the previous year. Over the period under review, the export price saw a noticeable expansion. The pace of growth appeared the most rapid in 2014 an increase of 166%. As a result, the export price reached the peak level of $981 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($1,476 per ton), while the average price for exports to Chile ($65 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 Spain (-4.2%), while the prices for the other major destinations experienced a decline.
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ecuador
In 2022, supplies from abroad of ferrous waste and scrap; of alloy steel (excluding stainless)s decreased by -45.6% to 526 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a dramatic slump. The pace of growth was the most pronounced in 2020 when imports increased by 68%. As a result, imports attained the peak of 1.8K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s fell remarkably to $128K in 2022. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 77% against the previous year. As a result, imports reached the peak of $432K. 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 Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 89.5 | 175 | 105 | 65.1 | -10.1% |
| Dominican Republic | 90.0 | 143 | 69.8 | 35.1 | -26.9% |
| Chile | 44.9 | 77.9 | 32.2 | 13.1 | -33.7% |
| Costa Rica | 13.1 | 27.9 | 23.6 | 12.3 | -2.1% |
| Others | 6.3 | 8.2 | 4.6 | 2.7 | -24.6% |
| Total | 244 | 432 | 235 | 128 | -19.3% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Ecuador in 2022:
- Dominican Republic (239.3 tons)
- Panama (201.5 tons)
- Costa Rica (38.2 tons)
- Chile (37.9 tons)
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ecuador
In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s exported from Ecuador fell markedly to 69 tons, declining by -90.1% against the year before. In general, exports saw a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 463% against the previous year. As a result, the exports reached the peak of 698 tons, and then fell dramatically in the following year.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s dropped remarkably to $46K in 2022. Over the period under review, exports continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of 655% against the previous year. As a result, the exports attained the peak of $558K, and then reduced sharply in the following year.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.8 | 12.9 | 199 | 29.7 | 119.7% |
| United States | 15.8 | 29.6 | 56.5 | 8.4 | -19.0% |
| Netherlands | 20.1 | 23.8 | 60.0 | 6.5 | -31.4% |
| Thailand | 12.1 | 6.2 | 6.6 | 0.9 | -57.9% |
| Chile | 1.8 | 1.5 | 0.7 | 0.2 | -51.9% |
| Malaysia | N/A | N/A | 235 | N/A | 0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 52.8 | 73.9 | 558 | 45.6 | -4.8% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Ecuador in 2022:
- Netherlands (24.7 tons)
- Spain (20.1 tons)
- Thailand (12.2 tons)
- United States (8.9 tons)
- Chile (3.0 tons)
337
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Ecuador.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
337
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Ecuador.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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