![Report South Africa - Remelting Scrap Ingots of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$](/landing/img/reports/south-africa-remelting-scrap-ingots-of-iron-or-steel-market-analysis-forecast-size-trends-and-insights.webp)
South Africa - Remelting Scrap Ingots of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSouth Africa: Market for Remelting Scrap Ingots Of Iron Or Steel 2024
Market Size for Remelting Scrap Ingots Of Iron Or Steel in South Africa
The South African metal remelting scrap ingots market stood at less than $X in 2023, flattening at the previous year. Overall, consumption saw a resilient increase. Metal remelting scrap ingots consumption peaked at $X in 2016; however, from 2017 to 2023, consumption remained at a lower figure.
Production of Remelting Scrap Ingots Of Iron Or Steel in South Africa
In value terms, metal remelting scrap ingots production stood at less than $X in 2023 estimated in export price. In general, production, however, faced a sharp curtailment. The growth pace was the most rapid in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2023, production growth remained at a lower figure.
Exports of Remelting Scrap Ingots Of Iron Or Steel
Exports from South Africa
In 2016, after three years of decline, there was decline in overseas shipments of remelting scrap ingots of iron or steel, when their volume decreased by X% to X kg. Overall, exports faced a precipitous slump. The smallest decline of X% was in 2013. The exports peaked at X kg in 2012; however, from 2013 to 2016, the exports remained at a lower figure.
In value terms, metal remelting scrap ingots exports amounted to $X in 2016. Over the period under review, exports showed a precipitous decline. The smallest decline of X% was in 2013. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2016, the exports failed to regain momentum.
Exports by Country
The United Arab Emirates (X kg), the Netherlands (X kg) and Singapore (X kg) were the main destinations of metal remelting scrap ingots exports from South Africa.
From 2012 to 2016, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced a decline.
From 2012 to 2016, the average annual growth rate of value to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Singapore (X% per year).
Export Prices by Country
In 2016, the average metal remelting scrap ingots export price amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price showed significant growth. The most prominent rate of growth was recorded in 2013 an increase of X%. The export price peaked in 2016 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.
From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Remelting Scrap Ingots Of Iron Or Steel
Imports into South Africa
In 2021, supplies from abroad of remelting scrap ingots of iron or steel increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, faced a significant decline. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, metal remelting scrap ingots imports surged to $X in 2021. In general, imports, however, saw a sharp curtailment. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Lesotho (X tons) constituted the largest metal remelting scrap ingots supplier to South Africa, with a X% share of total imports. Moreover, metal remelting scrap ingots imports from Lesotho exceeded the figures recorded by the second-largest supplier, Botswana (X kg), fourfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Lesotho amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Botswana (X% per year) and Namibia (X% per year).
In value terms, Lesotho ($X) constituted the largest supplier of remelting scrap ingots of iron or steel to South Africa, comprising X% of total imports. The second position in the ranking was held by Botswana ($X), with a X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Lesotho amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Botswana (X% per year) and Namibia (X% per year).
Import Prices by Country
In 2021, the average metal remelting scrap ingots import price amounted to $X per ton, declining by X% against the previous year. In general, the import price recorded a significant contraction. The growth pace was the most rapid in 2016 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Namibia ($X per ton), while the price for Botswana ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for metal remelting scrap ingots in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24101420 - Remelting scrap ingots of iron or steel (excluding products whose chemical composition conforms to the definitions of pig iron, spiegeleisen, or ferro-alloys)
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
Recommended reports
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Asia.
This report provides an in-depth analysis of the market for metal remelting scrap ingots in the U.S..
This report provides an in-depth analysis of the market for metal remelting scrap ingots in China.
This report provides an in-depth analysis of the market for metal remelting scrap ingots in the EU.
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.