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

Contents:

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

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

In 2022, the average import price for ferrous waste and scrap; of cast ira amounted to $13 per ton, reducing by -96.6% against the previous year. Overall, the import price recorded a dramatic setback. The pace of growth appeared the most rapid in 2016 an increase of 59% against the previous year. The import price peaked at $715 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($13 per ton), while the price for Finland totaled $13 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+60.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for ferrous waste and scrap; of cast ira stood at $118 per ton in 2022, shrinking by -72.1% against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $425 per ton, and then reduced dramatically in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +16.5% per year.

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

In 2022, the amount of ferrous waste and scrap; of cast ira imported into Estonia soared to 8.8K tons, with an increase of 99% on 2021. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 4,300% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of ferrous waste and scrap; of cast ira reduced dramatically to $111K in 2022. Over the period under review, imports showed buoyant growth. The growth pace was the most rapid in 2020 with an increase of 1,681%. As a result, imports attained the peak of $1.7M. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Russia (8.8K tons)

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

Exports of ferrous waste and scrap; of cast ira from Estonia shrank notably to 72 tons in 2022, which is down by -92.4% on the year before. Over the period under review, exports saw a dramatic setback. The smallest decline of -3.9% was in 2020.

In value terms, exports of ferrous waste and scrap; of cast ira dropped remarkably to $8.5K in 2022. In general, exports recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 7.7% against the previous year.

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

1. Lithuania (71.6 tons)

Source: IndexBox Market Intelligence Platform