Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Peru - 2022

Contents:

1. Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Peru (CIF) - 2022
2. Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Peru (FOB) - 2022
3. Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Peru
4. Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Peru

Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Peru (CIF) - 2022

In 2022, the average import price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $501 per ton, picking up by 7.6% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for ferrous waste and scrap; remelting scrap ingots of iron or steels increased by +73.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 61% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($515 per ton), while the price for Bolivia ($393 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Peru (FOB) - 2022

In 2022, the average export price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $516 per ton, declining by -3.3% against the previous year. In general, the export price, however, recorded perceptible growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices reached the peak figure at $533 per ton in 2021, and then reduced modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,138 per ton), while the average price for exports to Bangladesh ($299 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 India (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Peru

In 2022, approx. 1M tons of ferrous waste and scrap; remelting scrap ingots of iron or steels were imported into Peru; jumping by 36% compared with the previous year. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 119%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels soared to $507M in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 254%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel to Peru in 2022:

1. United States (838.5K tons)
2. Chile (111.3K tons)
3. Bolivia (62.3K tons)

Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Peru

In 2022, exports of ferrous waste and scrap; remelting scrap ingots of iron or steels from Peru soared to 32K tons, growing by 16% against 2021. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 133%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of ferrous waste and scrap; remelting scrap ingots of iron or steels rose rapidly to $17M in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 167%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel from Peru in 2022:

1. India (16.8K tons)
2. Bangladesh (3.2K tons)
3. Chile (2.3K tons)
4. Netherlands (1.9K tons)
5. Taiwan (Chinese) (1.8K tons)
6. South Korea (1.4K tons)
7. Mexico (1.3K tons)
8. Vietnam (0.5K tons)