Price for Ferrous Waste and Scrap; of Stainless Steel in Uzbekistan - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Stainless Steel in Uzbekistan (FOB) - 2023
- Exports of Ferrous Waste and Scrap; of Stainless Steel in Uzbekistan
Price for Ferrous Waste and Scrap; of Stainless Steel in Uzbekistan (FOB) - 2023
In November 2023, the average export price for ferrous waste and scrap; of stainless steels amounted to $1,255 per ton, rising by 18% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 92% month-to-month. As a result, the export price attained the peak level of $2,145 per ton. From February 2023 to November 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($1,837 per ton), while the average price for exports to Germany ($1,052 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Ferrous Waste and Scrap; of Stainless Steel in Uzbekistan
In 2022, exports of ferrous waste and scrap; of stainless steels from Uzbekistan skyrocketed to 1.7K tons, picking up by 379% on the previous year. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 817%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of ferrous waste and scrap; of stainless steels soared to $1.6M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 641% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Ferrous Waste and Scrap; of Stainless Steel in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 16.7 | 85.6 | 91.7 | 628 | 235.0% |
| Germany | 2.7 | 99.3 | 268 | 615 | 510.7% |
| Latvia | N/A | N/A | N/A | 309 | 0% |
| Netherlands | 15.4 | 75.6 | 107 | 42.5 | 40.3% |
| Kazakhstan | 1.2 | 5.9 | 19.4 | 32.7 | 200.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 36.0 | 266 | 486 | 1,627 | 256.2% |
Top Export Markets for Ferrous Waste and Scrap; of Stainless Steel from Uzbekistan in 2022:
- Lithuania (612.4 tons)
- Germany (612.4 tons)
- Latvia (457.8 tons)
- Netherlands (30.6 tons)
- Kazakhstan (20.4 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Uzbekistan.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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