Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Uzbekistan - 2023
Contents:
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Uzbekistan (CIF) - 2023
- Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Uzbekistan (FOB) - 2023
- Imports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Uzbekistan
- Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Uzbekistan
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Uzbekistan (CIF) - 2023
The average import price for ferrous waste and scrap; remelting scrap ingots of iron or steels stood at $366 per ton in May 2023, approximately equating the previous month. Over the last six-month period, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 29% m-o-m. Over the period under review, average import prices attained the maximum at $369 per ton in February 2023; however, from March 2023 to May 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Kazakhstan ($380 per ton), while the price for China ($150 per ton) was amongst the lowest.
From November 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Tajikistan (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Uzbekistan (FOB) - 2023
In May 2023, the average export price for ferrous waste and scrap; remelting scrap ingots of iron or steels amounted to $888 per ton, waning by -17.6% against the previous month. Over the period under review, the export price recorded a pronounced descent. The pace of growth appeared the most rapid in January 2023 an increase of 92% against the previous month. As a result, the export price reached the peak level of $2,145 per ton. From February 2023 to May 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($2,158 per ton), while the average price for exports to Latvia ($437 per ton) was amongst the lowest.
From November 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.7%), 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 Uzbekistan
In 2022, overseas purchases of ferrous waste and scrap; remelting scrap ingots of iron or steels were finally on the rise to reach 55K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a significant decline.
In value terms, imports of ferrous waste and scrap; remelting scrap ingots of iron or steels soared to $19M in 2022. In general, imports, however, faced a significant decrease.
| Import of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tajikistan | 3.1 | 9.7 | 5.9 | 17.5 | 78.1% |
| Russia | N/A | N/A | 0.1 | 0.7 | 600.0% |
| Kazakhstan | 33.1 | 9.6 | 1.0 | 0.6 | -73.7% |
| Kyrgyzstan | 11.6 | 18.5 | 8.9 | 0.2 | -74.2% |
| China | N/A | N/A | N/A | 0.2 | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 47.8 | 37.8 | 15.9 | 19.2 | -26.2% |
Top Suppliers of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel to Uzbekistan in 2022:
- Tajikistan (47.0K tons)
- Russia (4.4K tons)
- Kazakhstan (1.6K tons)
- China (1.1K tons)
- Kyrgyzstan (0.8K tons)
Exports of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Uzbekistan
In 2022, approx. 1.8K tons of ferrous waste and scrap; remelting scrap ingots of iron or steels were exported from Uzbekistan; jumping by 371% on the previous year. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of ferrous waste and scrap; remelting scrap ingots of iron or steels skyrocketed to $1.6M in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 375%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | 95.6 | 51.7 | 558 | 141.6% |
| Germany | 0.6 | 99.9 | 406 | 546 | 869.1% |
| Latvia | 0.1 | N/A | N/A | 275 | 1301.0% |
| Kazakhstan | 0.1 | N/A | 8.1 | 211 | 1182.6% |
| Netherlands | N/A | 72.5 | 0.2 | 37.8 | -27.8% |
| Tajikistan | N/A | 3.5 | N/A | 4.5 | 13.4% |
| Afghanistan | 56.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 20.1 | N/A | 0% |
| Total | 57.2 | 272 | 486 | 1,632 | 205.6% |
Top Export Markets for Ferrous Waste and Scrap; Remelting Scrap Ingots of Iron or Steel from Uzbekistan in 2022:
- Kazakhstan (502.6 tons)
- Lithuania (440.0 tons)
- Germany (440.0 tons)
- Latvia (328.9 tons)
- Tajikistan (23.1 tons)
- Netherlands (22.0 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Uzbekistan.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
360
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Uzbekistan.
721
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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