Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Cameroon - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Cameroon (CIF) - 2022
- Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Cameroon
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Cameroon (CIF) - 2022
The average import price for ferrous waste and scrap; of tinned iron or steels stood at $54 per ton in 2022, which is down by -58.7% against the previous year. In general, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs at $365 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($398 per ton), while the price for Equatorial Guinea ($15 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gabon (-5.4%), while the prices for the other major suppliers experienced a decline.
Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Cameroon
In 2022, the amount of ferrous waste and scrap; of tinned iron or steels imported into Cameroon skyrocketed to 310 tons, surging by 564% on 2021 figures. In general, imports posted a significant expansion. 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 tinned iron or steels surged to $17K in 2022. Overall, imports showed a strong increase.
Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.6 | 15.4 | 5.0 | 10.0 | 9.6% |
Central African Republic | 0.5 | 1.2 | 0.6 | 4.3 | 104.9% |
Gabon | 2.8 | 2.8 | 0.2 | 1.5 | -18.8% |
Equatorial Guinea | 1.2 | 0.3 | 0.2 | 0.6 | -20.6% |
Chad | N/A | 0.9 | 0.1 | N/A | -88.9% |
Others | 1.1 | 0.3 | N/A | 0.2 | -43.3% |
Total | 13.2 | 21.0 | 6.1 | 16.6 | 7.9% |
Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Cameroon in 2022:
- Central African Republic (220.7 tons)
- Equatorial Guinea (38.6 tons)
- Gabon (25.3 tons)
- China (25.2 tons)
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Cameroon.
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Cameroon.
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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