Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Algeria - 2022
Contents:
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Algeria (FOB) - 2022
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Algeria (CIF) - 2022
- Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Algeria
- Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Algeria
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Algeria (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $460 per ton, growing by 61% against the previous year. Overall, the export price, however, showed a noticeable reduction. Over the period under review, the average export prices reached the maximum at $612 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($3,778 per ton), while the average price for exports to Thailand ($83 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 Turkey (+9.2%), while the prices for the other major destinations experienced a decline.
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Algeria (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $449 per ton, falling by -17.2% against the previous year. Overall, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 120% against the previous year. The import price peaked at $1,152 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Germany ($800 per ton), while the price for the UK ($324 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.2%), while the prices for the other major suppliers experienced a decline.
Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Algeria
In 2022, overseas shipments of ferrous waste and scrap; remelting scrap ingots of iron or steels were finally on the rise to reach 6K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a dramatic descent.
In value terms, exports of ferrous waste and scrap; remelting scrap ingots of iron or steels skyrocketed to $2.8M in 2022. In general, exports, however, saw a precipitous decline.
| Export of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 228 | 182 | 44.3 | 1,181 | 73.0% |
| Turkey | 1,847 | 1,188 | 238 | 717 | -27.1% |
| Spain | 4,361 | 2,151 | 331 | 586 | -48.8% |
| United Arab Emirates | 54.5 | 33.3 | 36.4 | 181 | 49.2% |
| Thailand | N/A | N/A | N/A | 14.2 | 0% |
| Others | 79.1 | 63.4 | 15.8 | 80.6 | 0.6% |
| Total | 6,570 | 3,618 | 666 | 2,760 | -25.1% |
Top Export Markets for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel from Algeria in 2022:
- Spain (4607.6 tons)
- Turkey (524.2 tons)
- Netherlands (312.7 tons)
- United Arab Emirates (242.8 tons)
- Thailand (171.8 tons)
Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Algeria
In 2022, approx. 9.5 tons of ferrous waste and scrap; remelting scrap ingots of iron or steels were imported into Algeria; declining by -67.7% on the previous year. In general, imports saw a precipitous curtailment. The smallest decline of -22% was in 2020.
In value terms, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels contracted notably to $4.3K in 2022. Over the period under review, imports showed a precipitous setback. The smallest decline of -48.2% was in 2021.
| Import of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 29.3 | 24.4 | 13.2 | 3.4 | -51.2% |
| Germany | 3.4 | 2.6 | 1.3 | 0.3 | -55.5% |
| Turkey | 2.6 | 0.8 | 0.1 | 0.1 | -66.2% |
| Others | 24.0 | 3.0 | 1.3 | 0.4 | -74.5% |
| Total | 59.3 | 30.7 | 15.9 | 4.3 | -58.3% |
Top Suppliers of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel to Algeria in 2022:
- France (8.3 tons)
- Germany (0.4 tons)
- Turkey (0.3 tons)
485
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Algeria.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
485
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Algeria.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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