Price for Ferrous Waste and Scrap; of Cast Iron in Iran - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Cast Iron in Iran (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Cast Iron in Iran (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Cast Iron in Iran
- Imports of Ferrous Waste and Scrap; of Cast Iron in Iran
Price for Ferrous Waste and Scrap; of Cast Iron in Iran (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of cast ira amounted to $657 per ton, with an increase of 51% against the previous year. In general, the export price posted resilient growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 67%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($853 per ton), while the average price for exports to Turkey ($456 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 Turkey (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Cast Iron in Iran (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of cast ira amounted to $252 per ton, falling by -15.6% against the previous year. Over the period under review, the import price continues to indicate a slight slump. The growth pace was the most rapid in 2015 an increase of 102%. The import price peaked at $584 per ton in 2016; however, from 2017 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 Bahrain ($1,324 per ton), while the price for Georgia ($6.8 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+11.9%), while the prices for the other major suppliers experienced a decline.
Exports of Ferrous Waste and Scrap; of Cast Iron in Iran
In 2022, approx. 87 tons of ferrous waste and scrap; of cast ira were exported from Iran; with a decrease of -38.4% on the previous year's figure. In general, exports showed a dramatic curtailment.
In value terms, exports of ferrous waste and scrap; of cast ira declined to $57K in 2022. Over the period under review, exports continue to indicate a precipitous slump.
| Export of Ferrous Waste and Scrap; of Cast Iron in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 40.6 | 69.4 | 33.1 | 31.4 | -8.2% |
| Pakistan | 25.5 | 47.3 | 27.9 | 25.4 | -0.1% |
| Tunisia | 108 | N/A | N/A | N/A | 0% |
| Others | 1.4 | 1.8 | 0.6 | 0.4 | -34.1% |
| Total | 175 | 118 | 61.7 | 57.2 | -31.1% |
Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Iran in 2022:
- Pakistan (49.4 tons)
- United Arab Emirates (36.9 tons)
Imports of Ferrous Waste and Scrap; of Cast Iron in Iran
In 2022, supplies from abroad of ferrous waste and scrap; of cast ira was finally on the rise to reach 40 tons after two years of decline. In general, imports, however, showed a sharp descent.
In value terms, imports of ferrous waste and scrap; of cast ira declined to $10K in 2022. Overall, imports, however, showed a precipitous slump.
| Import of Ferrous Waste and Scrap; of Cast Iron in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 83.1 | 27.0 | 10.4 | 9.7 | -51.1% |
| Armenia | 2.2 | 0.9 | 0.3 | 0.2 | -55.0% |
| Kyrgyzstan | 1.3 | 0.3 | 0.1 | 0.1 | -57.5% |
| South Africa | 7.2 | N/A | N/A | N/A | 0% |
| Georgia | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Others | 0.4 | 0.1 | N/A | N/A | -75.0% |
| Total | 94.7 | 28.5 | 10.8 | 10.0 | -52.7% |
Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Iran in 2022:
- Armenia (21.5 tons)
- Bahrain (7.3 tons)
- Kyrgyzstan (5.9 tons)
- Georgia (4.5 tons)
342
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Iran.
741
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
342
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Iran.
741
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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