Price for Ferrous Waste and Scrap; of Cast Iron in Chile - 2023

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

In 2022, the average export price for ferrous waste and scrap; of cast ira amounted to $1,944 per ton, growing by 392% against the previous year. Over the period under review, the export price posted a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($4,401 per ton), while the average price for exports to Mexico ($348 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 Bangladesh (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for ferrous waste and scrap; of cast ira amounted to $836 per ton, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate buoyant growth. The growth pace was the most rapid in 2018 an increase of 64% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,628 per ton), while the price for Bolivia amounted to $260 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.4%).

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

In 2022, overseas shipments of ferrous waste and scrap; of cast ira decreased by -61.3% to 142 tons, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 2,774%. As a result, the exports attained the peak of 554 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of ferrous waste and scrap; of cast ira surged to $276K in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 3,688% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Ferrous Waste and Scrap; of Cast Iron in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Malaysia	N/A	0.3	0.2	237	2710.7%
Indonesia	1.3	4.8	1.9	32.8	193.3%
Mexico	N/A	N/A	N/A	6.0	0%
Spain	0.4	24.0	11.3	N/A	431.5%
Thailand	1.6	47.9	75.8	N/A	588.3%
Vietnam	0.9	60.9	36.9	N/A	540.3%
United States	0.7	45.2	4.4	N/A	150.7%
Pakistan	N/A	3.6	1.3	N/A	-63.9%
Others	0.5	17.7	13.1	N/A	411.9%
Total	5.4	204	145	276	271.1%

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

Indonesia (71.0 tons)
Malaysia (53.9 tons)
Mexico (17.2 tons)

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

Imports of ferrous waste and scrap; of cast ira into Chile amounted to 25 tons in 2022, standing approx. at 2021. In general, imports continue to indicate a dramatic curtailment. The smallest decline of 99.9% was in 2021.

In value terms, imports of ferrous waste and scrap; of cast ira totaled $21K in 2022. Over the period under review, imports showed a dramatic contraction. The smallest decline of 99.9% was in 2021.