Report Update: Dec 1, 2023

World - Remelting Scrap Ingots Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Metal Remelting Scrap Ingots Market

Name: Metal Remelting Scrap Ingots Market
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Metal remelting scrap ingots market, IndexBox, market research, global market, publisher

Metal remelting scrap ingots market: download new facts and figures enhanced by an Ai-driven market research platform. Statistics include exports, companies, market prices, imports, consumption, production, market size, and trade. Here is a breakdown by region, including the U.S., Africa, the U.K., EU, Russia, Latin America, China, and the Middle East. Market trends and outlook to 2030 are also provided in the dashboards.

Get FREE access to the latest data and statistics on the Metal Remelting Scrap Ingots Market.

Metal Remelting Scrap Ingots - World's Largest Markets

Rating	Country
1	Turkey
2	India
3	China
4	Russia
5	United States

In value terms, the largest metal remelting scrap ingots markets worldwide were Turkey, India and China, with a combined 37% share of the global market.

India saw the highest growth rate of market size, in terms of the main consuming countries over the period under review, while metal remelting scrap ingots market for the other global leaders experienced more modest paces of growth.

Metal Remelting Scrap Ingots Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
France	240	155	185	-12.2%
Austria	267	204	198	-13.9%
Russia	1647	2275	296	-57.6%
Palestine	430	406	416	-1.6%
Average	411	408	412	0.1%

Prices varied noticeably by the country of origin; the country with the highest price was Palestine ($416 per ton), while France ($185 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Palestine, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Germany	664	574	407	-21.7%
Pakistan	463	414	386	-8.7%
Belarus	n/a	331	292	0.0%
Kuwait	319	348	292	-4.3%
Bahrain	n/a	n/a	272	0.0%
Greece	296	331	269	-4.7%
Italy	378	229	257	-17.5%
Latvia	296	267	247	-8.7%
South Korea	366	268	241	-18.9%
Spain	477	324	232	-30.3%
Austria	160	149	137	-7.5%
Average	352	353	307	-6.6%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Germany ($407 per ton), while Austria ($137 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Bahrain, while the other global leaders experienced a decline in the import price figures.

Metal Remelting Scrap Ingots - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Kuwait	78	88	22	-46.4%
Belarus	n/a	5.2	8.5	0.0%
South Korea	2.3	1	6.9	71.2%
Latvia	5.5	3.1	4.9	-5.0%
Austria	4.8	5.1	4.4	-4.7%

In value terms, Kuwait ($22M) constitutes the largest market for imported remelting scrap ingots of iron or steel worldwide, comprising 27% of global imports. The second position in the ranking was occupied by Belarus ($8.5M), with a 10% share of global imports. It was followed by South Korea, with a 8.2% share.

From 2018 to 2020, the average annual rate of growth in terms of value in Kuwait totaled -46.4%. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+64.3% per year) and South Korea (+71.2% per year).

Metal Remelting Scrap Ingots - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Palestine	202	242	291	20.0%
Austria	8.7	7.3	8.9	0.9%
Russia	0.4	8.2	8.7	360.8%
France	5.9	0.5	3.8	-20.0%

In value terms, Palestine ($291M) remains the largest metal remelting scrap ingots supplier worldwide, comprising 81% of global exports. The second position in the ranking was occupied by Austria ($8.9M), with a 2.5% share of global exports. It was followed by Russia, with a 2.4% share.

From 2018 to 2020, the average annual growth rate of value in Palestine stood at +20.0%. In the other countries, the average annual rates were as follows: Austria (+0.9% per year) and Russia (+360.8% per year).

Metal Remelting Scrap Ingots - Market Forecast

Depressed by shrinking demand for metal remelting scrap ingots worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Metal Remelting Scrap Ingots - Product Coverage

HS 720450 - Ferrous products; remelting scrap ingots

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for metal remelting scrap ingots. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

• Global market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Global production, split by region and country

• Global trade (exports and imports)

• 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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. 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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles

This Chapter is Available Only for the Professional Edition PRO
1. United States
2. China
3. Japan
4. Germany
5. United Kingdom
6. France
7. Brazil
8. Italy
9. Russian Federation
10. India
11. Canada
12. Australia
13. Republic of Korea
14. Spain
15. Mexico
16. Indonesia
17. Netherlands
18. Turkey
19. Saudi Arabia
20. Switzerland
21. Sweden
22. Nigeria
23. Poland
24. Belgium
25. Argentina
26. Norway
27. Austria
28. Thailand
29. United Arab Emirates
30. Colombia
31. Denmark
32. South Africa
33. Malaysia
34. Israel
35. Singapore
36. Egypt
37. Philippines
38. Finland
39. Chile
40. Ireland
41. Pakistan
42. Greece
43. Portugal
44. Kazakhstan
45. Algeria
46. Czech Republic
47. Qatar
48. Peru
49. Romania
50. Vietnam
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption, By Country, 2018–2022
5. Production, In Physical Terms, By Country, 2012–2022
6. Imports, In Physical Terms, By Country, 2012–2022
7. Imports, In Value Terms, By Country, 2012–2022
8. Import Prices, By Country Of Destination, 2012–2022
9. Exports, In Physical Terms, By Country, 2012–2022
10. Exports, In Value Terms, By Country, 2012–2022
11. Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Consumption, By Country, 2022
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2022
18. Production, In Value Terms, 2012–2022
19. Production, By Country, 2022
20. Production, In Physical Terms, By Country, 2012–2022
21. Imports, In Physical Terms, 2012–2022
22. Imports, In Value Terms, 2012–2022
23. Imports, In Physical Terms, By Country, 2022
24. Imports, In Physical Terms, By Country, 2012–2022
25. Imports, In Value Terms, By Country, 2012–2022
26. Import Prices, By Country, 2012–2022
27. Exports, In Physical Terms, 2012–2022
28. Exports, In Value Terms, 2012–2022
29. Exports, In Physical Terms, By Country, 2022
30. Exports, In Physical Terms, By Country, 2012–2022
31. Exports, In Value Terms, By Country, 2012–2022
32. Export Prices, 2012–2022