Price for Ferrous Waste and Scrap; of Stainless Steel in Peru - 2022

Contents:

  1. Price for Ferrous Waste and Scrap; of Stainless Steel in Peru (FOB) - 2022
  2. Price for Ferrous Waste and Scrap; of Stainless Steel in Peru (CIF) - 2022
  3. Exports of Ferrous Waste and Scrap; of Stainless Steel in Peru
  4. Imports of Ferrous Waste and Scrap; of Stainless Steel in Peru

Price for Ferrous Waste and Scrap; of Stainless Steel in Peru (FOB) - 2022

In 2022, the average export price for ferrous waste and scrap; of stainless steels amounted to $1,140 per ton, with a decrease of -19.8% against the previous year. Over the period under review, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 16%. Over the period under review, the average export prices reached the peak figure at $2,017 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,996 per ton), while the average price for exports to China ($374 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 Colombia (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ferrous Waste and Scrap; of Stainless Steel in Peru (CIF) - 2022

The average import price for ferrous waste and scrap; of stainless steels stood at $2,307 per ton in 2022, picking up by 40% against the previous year. In general, the import price posted a tangible increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($3,909 per ton), while the price for Canada ($465 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Ferrous Waste and Scrap; of Stainless Steel in Peru

After two years of decline, shipments abroad of ferrous waste and scrap; of stainless steels increased by 33% to 3.8K tons in 2022. Over the period under review, exports, however, saw a abrupt decrease.

In value terms, exports of ferrous waste and scrap; of stainless steels stood at $4.3M in 2022. Overall, exports, however, saw a abrupt setback.

Export of Ferrous Waste and Scrap; of Stainless Steel in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands39155.55391,60260.0%
India7011,6641,8241,11416.7%
Taiwan (Chinese)2,097657310341-45.4%
GermanyN/AN/A16129180.7%
Panama11025622927135.1%
United States14112620.81604.3%
Spain61257.635.9132-40.0%
China14796.463.0125-5.3%
United Kingdom78.547.690.480.70.9%
Thailand1,71790519561.0-67.1%
Colombia81.349.129.641.8-19.9%
Others29776.454383.2-34.6%
Total6,3723,9924,0414,302-12.3%

Top Export Markets for Ferrous Waste and Scrap; of Stainless Steel from Peru in 2022:

  1. Netherlands (1178.7 tons)
  2. India (996.5 tons)
  3. Taiwan (Chinese) (416.2 tons)
  4. China (334.5 tons)
  5. United States (156.6 tons)
  6. Panama (146.5 tons)
  7. Germany (145.7 tons)
  8. Spain (132.7 tons)
  9. United Kingdom (107.4 tons)
  10. Colombia (65.4 tons)
  11. Thailand (54.1 tons)

Imports of Ferrous Waste and Scrap; of Stainless Steel in Peru

In 2022, purchases abroad of ferrous waste and scrap; of stainless steels increased by 32% to 21 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of ferrous waste and scrap; of stainless steels skyrocketed to $49K in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Ferrous Waste and Scrap; of Stainless Steel in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile9.813.319.837.856.8%
United States5.35.92.66.78.1%
Canada1.93.24.14.028.2%
OthersN/AN/A0.10.3200.0%
Total17.022.626.548.842.1%

Top Suppliers of Ferrous Waste and Scrap; of Stainless Steel to Peru in 2022:

  1. Chile (9.7 tons)
  2. Canada (8.5 tons)
  3. United States (2.9 tons)

Source: IndexBox Market Intelligence Platform

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