Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Slovakia - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Slovakia (FOB) - 2023
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Slovakia (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Slovakia
- Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Slovakia
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Slovakia (FOB) - 2023
In September 2023, the average export price for ferrous waste and scrap; of tinned iron or steels amounted to $345 per ton, waning by -7.6% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 7.6% month-to-month. As a result, the export price attained the peak level of $399 per ton. From May 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In September 2023, the country with the highest price was Hungary ($349 per ton), while the average price for exports to the Czech Republic totaled $319 per ton.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+1.1%).
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Slovakia (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of tinned iron or steels amounted to $327 per ton, approximately equating the previous year. Over the period under review, the import price showed a noticeable reduction. The growth pace was the most rapid in 2017 an increase of 196%. Over the period under review, average import prices attained the maximum at $2,459 per ton in 2019; however, from 2020 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 the Czech Republic.
From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +101.0% per year.
Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Slovakia
In 2022, approx. 17K tons of ferrous waste and scrap; of tinned iron or steels were exported from Slovakia; with a decrease of -51% on 2021 figures. In general, exports faced a precipitous contraction. The smallest decline of -48.3% was in 2021.
In value terms, exports of ferrous waste and scrap; of tinned iron or steels reduced modestly to $7.2M in 2022. Overall, exports showed a sharp slump.
| Export of Ferrous Waste and Scrap; of Tinned Iron or Steel in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 15.8 | 6.5 | 5.7 | 6.1 | -27.2% |
| Czech Republic | 0.1 | 0.7 | 1.0 | 1.0 | 115.4% |
| Austria | 1.0 | 1.7 | 0.7 | N/A | -16.3% |
| Others | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Total | 17.4 | 9.0 | 7.4 | 7.2 | -25.5% |
Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from Slovakia in 2022:
- Hungary (14.3K tons)
- Czech Republic (2.7K tons)
Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Slovakia
In 2022, after two years of decline, there was decline in supplies from abroad of ferrous waste and scrap; of tinned iron or steels, when their volume decreased by 0% to 48 tons. Overall, imports saw a significant increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of ferrous waste and scrap; of tinned iron or steels totaled $16K in 2022. In general, imports recorded a prominent increase. The smallest decline of 99.9% was in 2020. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.
| Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 0.7 | N/A | N/A | 15.6 | 181.4% |
| Others | 12.8 | N/A | N/A | N/A | 0% |
| Total | 13.4 | N/A | N/A | 15.6 | 5.2% |
Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Slovakia in 2022:
- Czech Republic (47.5 tons)
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