Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Lithuania - 2024
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Lithuania (CIF) - 2022
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Lithuania (FOB) - 2024
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Lithuania
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Lithuania
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Lithuania (CIF) - 2022
The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $388 per ton in 2022, waning by -2.8% against the previous year. In general, the import price recorded a perceptible decline. The growth pace was the most rapid in 2021 when the average import price increased by 67% against the previous year. The import price peaked at $515 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Poland ($494 per ton), while the price for Germany ($123 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Lithuania (FOB) - 2024
In January 2024, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $354 per ton, waning by -9.3% against the previous month. Overall, the export price recorded a perceptible setback. The most prominent rate of growth was recorded in November 2023 an increase of 13% m-o-m. Over the period under review, the average export prices attained the maximum at $475 per ton in April 2023; however, from May 2023 to January 2024, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In January 2024, the country with the highest price was Pakistan ($487 per ton), while the average price for exports to Turkey ($347 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Lithuania
In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s imported into Lithuania shrank sharply to 52K tons, which is down by -43.9% against the previous year's figure. Over the period under review, imports recorded a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 40%. As a result, imports attained the peak of 92K tons, and then declined significantly in the following year.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s declined remarkably to $20M in 2022. Overall, imports, however, saw a tangible expansion. The most prominent rate of growth was recorded in 2021 with an increase of 130% against the previous year. As a result, imports reached the peak of $36M, and then shrank remarkably in the following year.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 11.5 | 10.5 | 16.3 | 10.5 | -3.0% |
| Estonia | 0.3 | 0.3 | 0.6 | 4.1 | 139.1% |
| Denmark | N/A | N/A | 7.1 | 2.2 | -69.0% |
| Sweden | N/A | N/A | 10.4 | 1.6 | -84.6% |
| Netherlands | N/A | N/A | N/A | 0.8 | 0% |
| Germany | 0.5 | 0.5 | 0.4 | 0.5 | 0.0% |
| Russia | 2.7 | 4.2 | 0.2 | N/A | -72.8% |
| United Kingdom | 1.4 | N/A | N/A | N/A | 0% |
| Others | 1.2 | 0.3 | 1.2 | 0.3 | -37.0% |
| Total | 17.7 | 15.7 | 36.2 | 20.0 | 4.2% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Lithuania in 2022:
- Poland (21.3K tons)
- Estonia (13.3K tons)
- Denmark (6.6K tons)
- Germany (4.0K tons)
- Sweden (3.5K tons)
- Netherlands (2.3K tons)
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Lithuania
In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s exported from Lithuania soared to 7.9K tons, increasing by 100% on 2021 figures. Overall, exports recorded strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s surged to $3.5M in 2022. Over the period under review, exports saw prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 146%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | N/A | N/A | 231 | 1,141 | 393.9% |
| India | N/A | N/A | 294 | 1,118 | 280.3% |
| Latvia | 1,388 | 438 | 696 | 753 | -18.4% |
| Poland | 400 | 160 | 114 | 351 | -4.3% |
| Germany | 177 | 145 | 248 | 158 | -3.7% |
| Moldova | N/A | N/A | 516 | N/A | 0% |
| Others | 353 | 212 | 253 | 28.0 | -57.0% |
| Total | 2,318 | 955 | 2,352 | 3,550 | 15.3% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Lithuania in 2022:
- India (2.7K tons)
- Pakistan (2.5K tons)
- Latvia (1.6K tons)
- Poland (0.8K tons)
- Germany (0.3K tons)
175
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Lithuania.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
175
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Lithuania.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
Nothing found. Please try again.
