Price for Ferrous Waste and Scrap; of Stainless Steel in France - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Stainless Steel in France (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Stainless Steel in France (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Stainless Steel in France
- Imports of Ferrous Waste and Scrap; of Stainless Steel in France
Price for Ferrous Waste and Scrap; of Stainless Steel in France (FOB) - 2022
The average export price for ferrous waste and scrap; of stainless steels stood at $1,744 per ton in 2022, rising by 15% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 44% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($2,214 per ton), while the average price for exports to Spain ($1,281 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 Luxembourg (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Stainless Steel in France (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of stainless steels amounted to $905 per ton, shrinking by -12.9% against the previous year. Over the period under review, the import price saw a perceptible downturn. The pace of growth appeared the most rapid in 2021 an increase of 40% against the previous year. The import price peaked at $1,287 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($1,888 per ton), while the price for Luxembourg ($729 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ferrous Waste and Scrap; of Stainless Steel in France
In 2022, exports of ferrous waste and scrap; of stainless steels from France declined slightly to 323K tons, remaining relatively unchanged against 2021 figures. The total export volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 24%. As a result, the exports reached the peak of 327K tons, and then contracted modestly in the following year.
In value terms, exports of ferrous waste and scrap; of stainless steels totaled $563M in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 78% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Ferrous Waste and Scrap; of Stainless Steel in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 201 | 185 | 331 | 351 | 20.4% |
| Luxembourg | 59.6 | 44.9 | 67.7 | 92.4 | 15.7% |
| Netherlands | 17.5 | 17.3 | 37.0 | 35.3 | 26.4% |
| Italy | 7.2 | 7.4 | 20.1 | 29.0 | 59.1% |
| Germany | 9.0 | 5.8 | 14.4 | 25.3 | 41.1% |
| Spain | 13.0 | 13.5 | 16.1 | 16.0 | 7.2% |
| Others | 4.6 | 3.8 | 10.1 | 14.4 | 46.3% |
| Total | 312 | 278 | 497 | 563 | 21.7% |
Top Export Markets for Ferrous Waste and Scrap; of Stainless Steel from France in 2022:
- Belgium (211.4K tons)
- Luxembourg (41.7K tons)
- Netherlands (18.4K tons)
- Italy (17.5K tons)
- Germany (15.0K tons)
- Spain (12.5K tons)
Imports of Ferrous Waste and Scrap; of Stainless Steel in France
Imports of ferrous waste and scrap; of stainless steels into France fell remarkably to 88K tons in 2022, declining by -24.4% against the previous year's figure. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 7.2%.
In value terms, imports of ferrous waste and scrap; of stainless steels shrank sharply to $80M in 2022. In general, imports recorded a slight decrease. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of $121M, and then contracted markedly in the following year.
| Import of Ferrous Waste and Scrap; of Stainless Steel in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 42.8 | 39.9 | 58.4 | 22.0 | -19.9% |
| Belgium | 6.8 | 4.7 | 9.3 | 17.2 | 36.3% |
| Spain | 8.2 | 8.0 | 19.0 | 15.4 | 23.4% |
| Germany | 14.8 | 21.1 | 22.8 | 9.8 | -12.8% |
| Luxembourg | 0.4 | 0.3 | 2.6 | 5.4 | 138.1% |
| Switzerland | 4.1 | 3.4 | 5.7 | 4.0 | -0.8% |
| Netherlands | 0.5 | 0.3 | 1.1 | 3.4 | 89.5% |
| Russia | 2.7 | N/A | N/A | N/A | 0% |
| Others | 3.9 | 3.4 | 2.4 | 2.7 | -11.5% |
| Total | 84.2 | 81.2 | 121 | 80.0 | -1.7% |
Top Suppliers of Ferrous Waste and Scrap; of Stainless Steel to France in 2022:
- Italy (27.1K tons)
- Belgium (20.7K tons)
- Spain (12.8K tons)
- Germany (12.5K tons)
- Luxembourg (7.4K tons)
- Switzerland (3.2K tons)
- Netherlands (2.7K tons)
384
This report provides an in-depth analysis of the market for metal remelting scrap ingots in France.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
384
This report provides an in-depth analysis of the market for metal remelting scrap ingots in France.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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