Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in New Zealand - 2024
Contents:
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in New Zealand (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in New Zealand (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in New Zealand
- Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in New Zealand
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in New Zealand (FOB) - 2022
The average export price for ferrous waste and scrap; of tinned iron or steels stood at $364 per ton in 2022, dropping by -2% against the previous year. Over the period under review, the export price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 52% against the previous year. The export price peaked at $413 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($572 per ton), while the average price for exports to Taiwan (Chinese) ($308 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 Bangladesh (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in New Zealand (CIF) - 2022
The average import price for ferrous waste and scrap; of tinned iron or steels stood at $285 per ton in 2022, almost unchanged from the previous year. In general, the import price showed a mild descent. The pace of growth appeared the most rapid in 2017 when the average import price increased by 46% against the previous year. The import price peaked at $336 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Fiji.
From 2012 to 2022, the rate of growth in terms of prices for New Caledonia amounted to +6.0% per year.
Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in New Zealand
In 2022, overseas shipments of ferrous waste and scrap; of tinned iron or steels decreased by -1.9% to 14K tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, the exports reached the peak of 21K 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 reduced to $5.2M in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 8.2%. As a result, the exports attained the peak of $5.4M, and then contracted in the following year.
| Export of Ferrous Waste and Scrap; of Tinned Iron or Steel in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2,538 | 2,172 | 205 | 2,013 | -7.4% |
| Singapore | 465 | 1,415 | 545 | 1,217 | 37.8% |
| Taiwan (Chinese) | 59.8 | 32.7 | 407 | 474 | 99.4% |
| Hong Kong SAR | 341 | 82.2 | 160 | 377 | 3.4% |
| Malaysia | 497 | 118 | 337 | 318 | -13.8% |
| Indonesia | 30.5 | 196 | 2,269 | 282 | 109.9% |
| Canada | N/A | N/A | N/A | 175 | 0% |
| India | 615 | 586 | 503 | 134 | -39.8% |
| United Kingdom | N/A | 288 | 314 | N/A | 9.0% |
| Others | 559 | 123 | 684 | 224 | -26.3% |
| Total | 5,105 | 5,013 | 5,423 | 5,213 | 0.7% |
Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from New Zealand in 2022:
- United Arab Emirates (6.0K tons)
- Singapore (3.2K tons)
- Taiwan (Chinese) (1.5K tons)
- Hong Kong SAR (1.1K tons)
- Indonesia (0.7K tons)
- Malaysia (0.6K tons)
- Canada (0.3K tons)
- India (0.3K tons)
Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in New Zealand
In 2022, overseas purchases of ferrous waste and scrap; of tinned iron or steels decreased by 0% to 56 tons, falling for the second year in a row after two years of growth. Overall, imports saw a slight descent. The most prominent rate of growth was recorded in 2020 with an increase of 90% against the previous year. As a result, imports attained the peak of 111 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of ferrous waste and scrap; of tinned iron or steels stood at $16K in 2022. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 140% against the previous year. As a result, imports reached the peak of $32K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Fiji | 5.3 | 7.9 | N/A | 15.8 | 43.9% |
| French Polynesia | N/A | 15.6 | N/A | N/A | 0% |
| New Caledonia | 6.3 | 8.1 | N/A | N/A | 28.6% |
| Australia | 1.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.2 | 31.6 | N/A | 15.8 | 6.2% |
Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to New Zealand in 2022:
- Fiji (55.5 tons)
270
This report provides an in-depth analysis of the market for metal remelting scrap ingots in New Zealand.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
270
This report provides an in-depth analysis of the market for metal remelting scrap ingots in New Zealand.
710
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
Nothing found. Please try again.
