Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Uganda - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Uganda (CIF) - 2022
- Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Uganda
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Uganda (CIF) - 2022
The average import price for ferrous waste and scrap; of tinned iron or steels stood at $322 per ton in 2022, picking up by 25% against the previous year. In general, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 59% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Sudan ($392 per ton), while the price for Sudan ($250 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Rwanda (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Uganda
For the fourth year in a row, Uganda recorded growth in supplies from abroad of ferrous waste and scrap; of tinned iron or steels, which increased by 100% to 19K tons in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of ferrous waste and scrap; of tinned iron or steels skyrocketed to $6.1M in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | 471 | 993 | 1,590 | 3,855 | 101.5% |
South Sudan | 217 | 263 | 565 | 1,371 | 84.9% |
Democratic Republic of the Congo | 280 | 255 | 219 | 788 | 41.2% |
Malawi | 8.0 | 14.8 | 27.7 | 99.0 | 131.3% |
Others | 10.3 | 31.1 | 57.7 | 26.9 | 37.7% |
Total | 985 | 1,557 | 2,460 | 6,140 | 84.0% |
Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Uganda in 2022:
- Kenya (12.5K tons)
- South Sudan (3.5K tons)
- Democratic Republic of the Congo (2.6K tons)
- Malawi (0.4K tons)
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Uganda.
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Uganda.
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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