Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Israel - 2022

Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Israel (FOB) - 2022

In 2022, the average export price for ferrous waste and scrap; of tinned iron or steels amounted to $3,236 per ton, with an increase of 676% against the previous year. Overall, the export price posted a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to -0.1% per year.

Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Israel

In 2022, the amount of ferrous waste and scrap; of tinned iron or steels exported from Israel fell rapidly to 16 tons, declining by -99.3% compared with 2021. Overall, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 70%.

In value terms, exports of ferrous waste and scrap; of tinned iron or steels shrank remarkably to $53K in 2022. Over the period under review, exports recorded a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 125%. As a result, the exports reached the peak of $976K, and then contracted markedly in the following year.