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

Contents:

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

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

In 2022, the average import price for ferrous waste and scrap; of cast ira amounted to $275 per ton, approximately reflecting the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 49% against the previous year. The import price peaked at $351 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Rwanda ($343 per ton), while the price for Kenya ($269 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for ferrous waste and scrap; of cast ira stood at $794 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ferrous waste and scrap; of cast ira increased by +84.0% against 2013 indices. The pace of growth was the most pronounced in 2021 an increase of 15%. As a result, the export price attained the peak level of $796 per ton, leveling off in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($820 per ton), while the average price for exports to Rwanda stood at $314 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+15.4%).

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

In 2022, imports of ferrous waste and scrap; of cast ira into Uganda stood at 18K tons, remaining relatively unchanged against the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.5% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 72%. As a result, imports attained the peak of 22K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of ferrous waste and scrap; of cast ira totaled $5M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.4% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 67%. As a result, imports attained the peak of $5.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Kenya (14.4K tons)
2. Democratic Republic of the Congo (3.0K tons)

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

In 2022, overseas shipments of ferrous waste and scrap; of cast ira decreased by -32.9% to 19 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a pronounced shrinkage. The growth pace was the most rapid in 2021 when exports increased by 23%. As a result, the exports attained the peak of 28 tons, and then declined markedly in the following year.

In value terms, exports of ferrous waste and scrap; of cast ira declined remarkably to $15K in 2022. Over the period under review, total exports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, the exports reached the peak of $22K, and then declined remarkably in the following year.

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

1. Burundi (17.7 tons)
2. Rwanda (0.9 tons)

Source: IndexBox Market Intelligence Platform