Price for Ferrous Waste and Scrap; of Cast Iron in Cameroon - 2022

Contents:

1. Price for Ferrous Waste and Scrap; of Cast Iron in Cameroon (FOB) - 2022
2. Price for Ferrous Waste and Scrap; of Cast Iron in Cameroon (CIF) - 2022
3. Exports of Ferrous Waste and Scrap; of Cast Iron in Cameroon
4. Imports of Ferrous Waste and Scrap; of Cast Iron in Cameroon

Price for Ferrous Waste and Scrap; of Cast Iron in Cameroon (FOB) - 2022

The average export price for ferrous waste and scrap; of cast ira stood at $379 per ton in 2022, growing by 4.9% against the previous year. In general, the export price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 38% against the previous year. The export price peaked at $492 per ton in 2015; however, from 2016 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 India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -1.3% per year.

Price for Ferrous Waste and Scrap; of Cast Iron in Cameroon (CIF) - 2022

In 2022, the average import price for ferrous waste and scrap; of cast ira amounted to $85 per ton, flattening at the previous year. Overall, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of 225% against the previous year. Over the period under review, average import prices reached the maximum at $273 per ton in 2012; however, from 2013 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 India ($458 per ton), while the price for Sao Tome and Principe totaled $46 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Central African Republic (+18.9%), while the prices for the other major suppliers experienced a decline.

Exports of Ferrous Waste and Scrap; of Cast Iron in Cameroon

For the third year in a row, Cameroon recorded decline in overseas shipments of ferrous waste and scrap; of cast ira, which decreased by -10.7% to 177 tons in 2022. In general, exports saw a abrupt setback. The smallest decline of -10.7% was in 2020.

In value terms, exports of ferrous waste and scrap; of cast ira shrank to $67K in 2022. Overall, exports recorded a deep setback. The smallest decline of -6.3% was in 2020.

Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Cameroon in 2022:

1. India (176.7 tons)

Imports of Ferrous Waste and Scrap; of Cast Iron in Cameroon

In 2022, overseas purchases of ferrous waste and scrap; of cast ira decreased by 0% to 75 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 496% against the previous year. As a result, imports reached the peak of 151 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of ferrous waste and scrap; of cast ira stood at $6.4K in 2022. In general, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 224%. As a result, imports reached the peak of $13K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Cameroon in 2022:

1. Sao Tome and Principe (67.9 tons)
2. India (7.1 tons)

Source: IndexBox Market Intelligence Platform