Price for Ferrous Waste and Scrap; of Cast Iron in Slovakia - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Cast Iron in Slovakia (CIF) - 2023
- Price for Ferrous Waste and Scrap; of Cast Iron in Slovakia (FOB) - 2023
- Imports of Ferrous Waste and Scrap; of Cast Iron in Slovakia
- Exports of Ferrous Waste and Scrap; of Cast Iron in Slovakia
Price for Ferrous Waste and Scrap; of Cast Iron in Slovakia (CIF) - 2023
In September 2023, the average import price for ferrous waste and scrap; of cast ira amounted to $178 per ton, reducing by -13.7% against the previous month. Over the period under review, the import price recorded a abrupt descent. The pace of growth was the most pronounced in November 2022 when the average import price increased by 425% m-o-m. Over the period under review, average import prices attained the maximum at $2,917 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($613 per ton), while the price for Germany ($162 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Cast Iron in Slovakia (FOB) - 2023
The average export price for ferrous waste and scrap; of cast ira stood at $307 per ton in September 2023, with a decrease of -9.6% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 26% m-o-m. Over the period under review, the average export prices hit record highs at $349 per ton in April 2023; however, from May 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Poland ($495 per ton), while the average price for exports to Hungary ($227 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ferrous Waste and Scrap; of Cast Iron in Slovakia
In 2022, purchases abroad of ferrous waste and scrap; of cast ira decreased by -69.6% to 15K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 277% against the previous year.
In value terms, imports of ferrous waste and scrap; of cast ira declined sharply to $7M in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 279%.
| Import of Ferrous Waste and Scrap; of Cast Iron in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | 5.1 | 16.1 | 5.7 | 5.7% |
| Czech Republic | 0.9 | 0.2 | 1.4 | 1.2 | 10.1% |
| Poland | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 1.4 | 5.4 | 17.7 | 7.0 | 71.0% |
Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Slovakia in 2022:
- Hungary (11.7K tons)
- Czech Republic (3.2K tons)
- Poland (0.2K tons)
Exports of Ferrous Waste and Scrap; of Cast Iron in Slovakia
In 2022, the amount of ferrous waste and scrap; of cast ira exported from Slovakia reduced markedly to 13K tons, declining by -42.7% on the previous year. Over the period under review, exports showed a significant decrease. The smallest decline of -30.5% was in 2020.
In value terms, exports of ferrous waste and scrap; of cast ira fell sharply to $5.7M in 2022. Overall, exports saw a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 13% against the previous year.
| Export of Ferrous Waste and Scrap; of Cast Iron in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 0.9 | 1.9 | 3.0 | 2.5 | 40.6% |
| Czech Republic | 2.6 | 1.6 | 1.6 | 2.0 | -8.4% |
| Poland | 7.1 | 3.8 | 3.8 | 0.5 | -58.7% |
| Italy | 0.4 | 0.2 | 0.3 | 0.3 | -9.1% |
| Germany | 1.3 | 0.3 | 0.5 | 0.3 | -38.7% |
| Netherlands | 0.2 | 0.7 | 0.5 | N/A | 58.1% |
| Others | 0.1 | 0.4 | 0.4 | N/A | 100.0% |
| Total | 12.6 | 8.9 | 10.1 | 5.7 | -23.2% |
Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Slovakia in 2022:
- Czech Republic (6.1K tons)
- Hungary (3.7K tons)
- Poland (2.0K tons)
- Italy (0.7K tons)
- Germany (0.1K tons)
476
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Slovakia.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
476
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Slovakia.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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