Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Serbia - 2024

Contents:

  1. Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Serbia (FOB) - 2022
  2. Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Serbia

Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Serbia (FOB) - 2022

In 2022, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $947 per ton, approximately mirroring the previous year. Overall, the export price, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2021 an increase of 185%. Over the period under review, the average export prices hit record highs at $1,766 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Slovenia.

From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +12.4% per year.

Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Serbia

In 2022, shipments abroad of ferrous waste and scrap; of alloy steel (excluding stainless)s decreased by -97% to 57 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, the exports reached the peak of 3.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s declined dramatically to $54K in 2022. Over the period under review, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year. As a result, the exports reached the peak of $1.8M, and then reduced remarkably in the following year.

Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SloveniaN/AN/AN/A54.10%
Bulgaria721861407N/A-24.9%
Germany3.858.2749N/A1303.9%
Netherlands59.6128607N/A219.1%
OthersN/A89.8N/AN/A0%
Total7851,1371,76354.1-59.0%

Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Serbia in 2022:

  1. Slovenia (57.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Ferrous waste and scrap; of alloy steel (excluding stainless) - Serbia