Price for Ferrous Waste and Scrap; of Stainless Steel in Russia - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Stainless Steel in Russia (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Stainless Steel in Russia (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Stainless Steel in Russia
- Imports of Ferrous Waste and Scrap; of Stainless Steel in Russia
Price for Ferrous Waste and Scrap; of Stainless Steel in Russia (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of stainless steels amounted to $1,609 per ton, surging by 43% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable downturn. Over the period under review, the average export prices reached the maximum at $2,231 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($2,525 per ton), while the average price for exports to Lithuania ($1,066 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 Latvia (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Stainless Steel in Russia (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of stainless steels amounted to $847 per ton, picking up by 23% against the previous year. Overall, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 166% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kyrgyzstan ($3,906 per ton), while the price for Kazakhstan amounted to $723 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+23.9%).
Exports of Ferrous Waste and Scrap; of Stainless Steel in Russia
After three years of growth, overseas shipments of ferrous waste and scrap; of stainless steels decreased by -78% to 44K tons in 2022. Overall, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2020 when exports increased by 46% against the previous year.
In value terms, exports of ferrous waste and scrap; of stainless steels dropped notably to $70M in 2022. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, the exports attained the peak of $223M, and then fell significantly in the following year.
| Export of Ferrous Waste and Scrap; of Stainless Steel in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.6 | 17.0 | 41.6 | 20.3 | 223.4% |
| Germany | 22.3 | 19.7 | 28.3 | 12.1 | -18.4% |
| Netherlands | 49.1 | 34.5 | 34.3 | 11.3 | -38.7% |
| Latvia | 7.4 | 9.8 | 18.0 | 6.8 | -2.8% |
| Lithuania | 8.7 | 17.7 | 26.0 | 6.0 | -11.6% |
| Estonia | 12.2 | 13.3 | 31.4 | 4.6 | -27.8% |
| Poland | 14.0 | 8.9 | 13.4 | 3.4 | -37.6% |
| Others | 15.9 | 21.9 | 30.1 | 5.7 | -29.0% |
| Total | 130 | 143 | 223 | 70.2 | -18.6% |
Top Export Markets for Ferrous Waste and Scrap; of Stainless Steel from Russia in 2022:
- Turkey (12.5K tons)
- Germany (9.6K tons)
- Lithuania (5.7K tons)
- Netherlands (4.5K tons)
- Estonia (3.2K tons)
- Latvia (3.0K tons)
- Poland (2.9K tons)
Imports of Ferrous Waste and Scrap; of Stainless Steel in Russia
Imports of ferrous waste and scrap; of stainless steels into Russia declined rapidly to 1.6K tons in 2022, falling by -40.5% against 2021. Overall, imports saw a sharp slump. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year.
In value terms, imports of ferrous waste and scrap; of stainless steels contracted rapidly to $1.3M in 2022. Over the period under review, imports recorded a dramatic contraction. The pace of growth was the most pronounced in 2021 when imports increased by 178% against the previous year.
| Import of Ferrous Waste and Scrap; of Stainless Steel in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 3,404 | 646 | 1,517 | 1,098 | -31.4% |
| Kyrgyzstan | N/A | 8.4 | 153 | 134 | 299.4% |
| Others | 228 | 1.9 | 155 | 100 | -24.0% |
| Total | 3,632 | 657 | 1,824 | 1,332 | -28.4% |
Top Suppliers of Ferrous Waste and Scrap; of Stainless Steel to Russia in 2022:
- Kazakhstan (1519.4 tons)
- Kyrgyzstan (34.3 tons)
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