Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bolivia - 2023

Contents:

  1. Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bolivia (FOB) - 2022
  2. Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bolivia (CIF) - 2022
  3. Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bolivia
  4. Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bolivia

Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bolivia (FOB) - 2022

In 2022, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $291 per ton, picking up by 1.7% against the previous year. In general, the export price enjoyed resilient growth. The pace of growth was the most pronounced in 2019 an increase of 133%. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($506 per ton), while the average price for exports to Taiwan (Chinese) ($69 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+35.1%), 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 Bolivia (CIF) - 2022

In 2022, the average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $885 per ton, waning by -35.1% against the previous year. Over the period under review, the import price, however, enjoyed a modest increase. The growth pace was the most rapid in 2018 when the average import price increased by 130% against the previous year. Over the period under review, average import prices hit record highs at $1,453 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,578 per ton), while the price for Brazil ($885 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bolivia

In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s exported from Bolivia dropped sharply to 1.1K tons, reducing by -55.5% on the year before. Overall, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 97%.

In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s declined notably to $280K in 2022. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 128%. As a result, the exports reached the peak of $580K, and then reduced dramatically in the following year.

Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China51.1N/A22410426.7%
Hong Kong SAR1514.55.039.7-35.9%
Thailand14.613.141.831.629.4%
Belgium47.868.464.024.0-20.5%
PolandN/AN/AN/A20.00%
Japan15.14.542.018.57.0%
South Korea20.232.023.77.5-28.1%
Spain87.198.51606.3-58.3%
Taiwan (Chinese)8.0N/AN/A5.8-10.2%
Others53.333.719.522.3-25.2%
Total448255580280-14.5%

Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Bolivia in 2022:

  1. China (266.0 tons)
  2. Thailand (220.2 tons)
  3. Hong Kong SAR (192.8 tons)
  4. Belgium (108.2 tons)
  5. Taiwan (Chinese) (83.6 tons)
  6. Poland (47.8 tons)
  7. Japan (45.5 tons)
  8. South Korea (21.7 tons)
  9. Spain (12.4 tons)

Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bolivia

In 2022, overseas purchases of ferrous waste and scrap; of alloy steel (excluding stainless)s decreased by -28.8% to 9.1 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 170% against the previous year. As a result, imports reached the peak of 13 tons, and then dropped significantly in the following year.

In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s reduced rapidly to $11K in 2022. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 153%. As a result, imports reached the peak of $17K, and then fell rapidly in the following year.

Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A0.77.96.5204.7%
Brazil5.66.21.33.1-17.9%
PeruN/AN/AN/A1.30%
United StatesN/AN/A8.1N/A0%
OthersN/AN/AN/AN/A0%
Total5.66.917.310.924.9%

Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Bolivia in 2022:

  1. China (4.1 tons)
  2. Brazil (3.5 tons)
  3. Peru (1.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Ferrous waste and scrap; of alloy steel (excluding stainless) - Bolivia