Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Chile - 2024
Contents:
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Chile (FOB) - 2024
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Chile (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Chile
- Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Chile
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Chile (FOB) - 2024
The average export price for ferrous waste and scrap; of tinned iron or steels stood at $330 per ton in December 2023, dropping by -3.9% against the previous month. Overall, the export price recorded a mild decline. The most prominent rate of growth was recorded in November 2023 an increase of 1.9% m-o-m. As a result, the export price attained the peak level of $343 per ton, and then reduced modestly in the following month.
Average prices varied noticeably for the major export markets. In December 2023, the country with the highest price was Taiwan (Chinese) ($337 per ton), while the average price for exports to Bangladesh stood at $329 per ton.
From October 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (0.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Chile (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of tinned iron or steels amounted to $347 per ton, flattening at the previous year. Overall, the import price saw a slight shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 44% against the previous year. Over the period under review, average import prices reached the peak figure at $406 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Bolivia.
From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to -1.6% per year.
Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Chile
In 2022, shipments abroad of ferrous waste and scrap; of tinned iron or steels decreased by -8.5% to 42K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year. As a result, the exports attained the peak of 69K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of ferrous waste and scrap; of tinned iron or steels fell slightly to $16M in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 8.9% against the previous year. As a result, the exports reached the peak of $17M, and then fell slightly in the following year.
| Export of Ferrous Waste and Scrap; of Tinned Iron or Steel in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 5.2 | 3.8 | 6.3 | 10.3 | 25.6% |
| Taiwan (Chinese) | 0.4 | 3.1 | 2.1 | 2.7 | 89.0% |
| Bangladesh | 4.7 | 3.5 | 7.1 | 2.6 | -17.9% |
| Indonesia | 3.2 | 1.7 | 0.5 | 0.2 | -60.3% |
| Thailand | N/A | 2.4 | 0.5 | N/A | -79.2% |
| India | 0.8 | 0.3 | N/A | N/A | -62.5% |
| Others | 0.5 | 0.2 | N/A | 0.1 | -41.5% |
| Total | 14.8 | 15.2 | 16.5 | 15.8 | 2.2% |
Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from Chile in 2022:
- Vietnam (25.7K tons)
- Bangladesh (8.0K tons)
- Taiwan (Chinese) (7.2K tons)
- Indonesia (0.5K tons)
Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Chile
In 2022, after three years of growth, there was significant decline in supplies from abroad of ferrous waste and scrap; of tinned iron or steels, when their volume decreased by -54.2% to 7.6K tons. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 119,857% against the previous year.
In value terms, imports of ferrous waste and scrap; of tinned iron or steels dropped markedly to $2.6M in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 117,263% against the previous year.
| Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | N/A | 0.2 | 5.8 | 2.6 | 260.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | 0.2 | 5.8 | 2.6 | 260.6% |
Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Chile in 2022:
- Bolivia (7.6K tons)
555
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Chile.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
555
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Chile.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
Nothing found. Please try again.
