Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Cameroon - 2022
Contents:
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Cameroon (FOB) - 2022
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Cameroon (CIF) - 2022
- Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Cameroon
- Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Cameroon
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Cameroon (FOB) - 2022
The average export price for ferrous waste and scrap; remelting scrap ingots of iron or steels stood at $908 per ton in 2022, growing by 24% against the previous year. Overall, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 59%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,970 per ton), while the average price for exports to Spain ($114 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 Hong Kong SAR (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Cameroon (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $165 per ton, with a decrease of -34% against the previous year. Over the period under review, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 161%. As a result, import price attained the peak level of $814 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($262 per ton), while the price for Central African Republic ($30 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gabon (+7.0%), 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 Cameroon
In 2022, approx. 298 tons of ferrous waste and scrap; remelting scrap ingots of iron or steels were exported from Cameroon; with a decrease of -44.1% compared with 2021. In general, exports faced a precipitous setback. The smallest decline of -42.3% was in 2020.
In value terms, exports of ferrous waste and scrap; remelting scrap ingots of iron or steels contracted markedly to $270K in 2022. Over the period under review, exports saw a sharp downturn. The smallest decline of -16.7% was in 2021.
| Export of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 96.6 | 209 | 193 | 105 | 2.8% |
| Gabon | 53.8 | 121 | 116 | 65.9 | 7.0% |
| India | 65.9 | 81.0 | 31.1 | 25.6 | -27.0% |
| Hong Kong SAR | 9.4 | 21.1 | 20.3 | 11.5 | 7.0% |
| South Korea | 10.5 | 18.8 | 14.5 | 6.6 | -14.3% |
| United Arab Emirates | 6.6 | 13.1 | 11.3 | 5.7 | -4.8% |
| Equatorial Guinea | 115 | N/A | N/A | N/A | 0% |
| Others | 204 | 4.3 | 3.0 | 49.6 | -37.6% |
| Total | 562 | 468 | 390 | 270 | -21.7% |
Top Export Markets for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel from Cameroon in 2022:
- India (58.9 tons)
- Vietnam (57.7 tons)
- Gabon (43.0 tons)
- South Korea (42.3 tons)
- Hong Kong SAR (5.9 tons)
- United Arab Emirates (3.7 tons)
Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Cameroon
In 2022, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels into Cameroon skyrocketed to 357 tons, rising by 24% compared with 2021. Overall, imports, however, faced a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 33%. As a result, imports attained the peak of 1.8K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels fell significantly to $59K in 2022. In general, imports, however, continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 18% against the previous year. As a result, imports attained the peak of $252K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Equatorial Guinea | 69.6 | 45.6 | 14.0 | 14.3 | -41.0% |
| Central African Republic | 1.8 | 2.9 | 2.2 | 5.4 | 44.2% |
| Gabon | 11.0 | 17.2 | 6.4 | 2.7 | -37.4% |
| United States | 0.7 | 1.8 | 1.8 | 2.1 | 44.2% |
| Others | 131 | 184 | 47.8 | 34.5 | -35.9% |
| Total | 214 | 252 | 72.3 | 59.0 | -34.9% |
Top Suppliers of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel to Cameroon in 2022:
- Central African Republic (178.9 tons)
- Equatorial Guinea (144.8 tons)
- Gabon (17.7 tons)
- United States (8.0 tons)
68
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Cameroon.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
68
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Cameroon.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
Nothing found. Please try again.
