Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Iran - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Iran (CIF) - 2022
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Iran (FOB) - 2022
- Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Iran
- Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Iran
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Iran (CIF) - 2022
The average import price for ferrous waste and scrap; of tinned iron or steels stood at $246 per ton in 2022, shrinking by -32.2% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 an increase of 46%. As a result, import price reached the peak level of $362 per ton, and then shrank markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($345 per ton), while the price for Azerbaijan ($216 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Iran (FOB) - 2022
The average export price for ferrous waste and scrap; of tinned iron or steels stood at $314 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 24% against the previous year. The export price peaked at $350 per ton in 2015; however, from 2016 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 Germany ($901 per ton), while the average price for exports to India ($126 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 Germany (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Iran
In 2022, imports of ferrous waste and scrap; of tinned iron or steels into Iran soared to 5.2K tons, jumping by 678% against 2021 figures. Overall, imports, however, continue to indicate a abrupt descent.
In value terms, imports of ferrous waste and scrap; of tinned iron or steels skyrocketed to $1.3M in 2022. Over the period under review, imports, however, saw a deep reduction.
| Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Armenia | 387 | 665 | 119 | 668 | 20.0% |
| China | 160 | 902 | 62.6 | 367 | 31.9% |
| Azerbaijan | 984 | 422 | 53.0 | 210 | -40.2% |
| Others | 39.1 | 54.6 | 9.5 | 41.8 | 2.3% |
| Total | 1,570 | 2,044 | 244 | 1,286 | -6.4% |
Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Iran in 2022:
- Armenia (3.1K tons)
- China (1.1K tons)
- Azerbaijan (1.0K tons)
Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Iran
In 2022, overseas shipments of ferrous waste and scrap; of tinned iron or steels increased by 0.5% to 47 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a dramatic shrinkage.
In value terms, exports of ferrous waste and scrap; of tinned iron or steels stood at $15K in 2022. Overall, exports, however, saw a precipitous decrease.
| Export of Ferrous Waste and Scrap; of Tinned Iron or Steel in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.9 | 8.2 | 6.2 | 6.6 | 51.4% |
| United Arab Emirates | 15.2 | 4.8 | 4.1 | 4.0 | -35.9% |
| Malaysia | 5.9 | 2.0 | 1.9 | 2.0 | -30.3% |
| Pakistan | 7.1 | 2.1 | 1.7 | 1.5 | -40.4% |
| India | 2.3 | 0.6 | 0.5 | 0.4 | -44.2% |
| Others | 1.9 | 0.5 | 0.4 | 0.3 | -46.0% |
| Total | 34.4 | 18.3 | 14.8 | 14.9 | -24.3% |
Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from Iran in 2022:
- Turkey (23.3 tons)
- United Arab Emirates (12.5 tons)
- Pakistan (4.4 tons)
- Malaysia (3.6 tons)
- India (3.1 tons)
342
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Iran.
741
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
342
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Iran.
741
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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