Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Denmark - 2024
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Denmark (FOB) - 2023
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Denmark (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Denmark
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Denmark
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Denmark (FOB) - 2023
In December 2023, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $1,786 per ton, falling by -21.8% against the previous month. Over the period under review, the export price, however, showed a slight increase. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 184% against the previous month. Over the period under review, the average export prices reached the maximum at $3,931 per ton in March 2023; however, from April 2023 to December 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In December 2023, the country with the highest price was Germany ($1,936 per ton), while the average price for exports to Japan ($1,316 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Denmark (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $952 per ton, rising by 20% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.8% 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; of alloy steel (excluding stainless)s increased by +114.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
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 Norway ($1,575 per ton), while the price for Faroe Islands ($399 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+53.0%), while the prices for the other major suppliers experienced a decline.
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Denmark
In 2022, shipments abroad of ferrous waste and scrap; of alloy steel (excluding stainless)s decreased by -42.3% to 1.7K tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 380%. As a result, the exports attained the peak of 5.6K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s fell notably to $3.5M in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 504% against the previous year. As a result, the exports reached the peak of $6.5M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 972 | 2,951 | 3,618 | 1,869 | 24.4% |
| Netherlands | 87.2 | 764 | 819 | 1,335 | 148.3% |
| Lithuania | N/A | N/A | N/A | 74.7 | 0% |
| Belgium | 0.6 | 0.6 | N/A | 51.5 | 341.1% |
| Sweden | 1.5 | 2,669 | 440 | 9.0 | 81.7% |
| Others | 16.2 | 129 | 63.2 | 134 | 102.2% |
| Total | 1,078 | 6,513 | 4,940 | 3,472 | 47.7% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Denmark in 2022:
- Germany (961.8 tons)
- Netherlands (619.4 tons)
- Belgium (46.3 tons)
- Lithuania (31.7 tons)
- Sweden (7.3 tons)
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Denmark
In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s imported into Denmark totaled 2.9K tons, increasing by 7.3% on the year before. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s soared to $2.7M in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,047 | 1,171 | 2,059 | 2,196 | 28.0% |
| Norway | 14.6 | 221 | 25.7 | 476 | 219.5% |
| Faroe Islands | 17.3 | 40.3 | 31.5 | 45.9 | 38.4% |
| Iceland | 9.2 | 0.2 | 0.2 | N/A | -85.3% |
| Others | N/A | N/A | 5.7 | 2.2 | -61.4% |
| Total | 1,088 | 1,432 | 2,122 | 2,720 | 35.7% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Denmark in 2022:
- Sweden (2435.4 tons)
- Norway (302.0 tons)
- Faroe Islands (114.9 tons)
494
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Denmark.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
494
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Denmark.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
Nothing found. Please try again.
