Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Cameroon - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Cameroon (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Cameroon (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Cameroon
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Cameroon
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Cameroon (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s amounted to $599 per ton, growing by 14% against the previous year. Overall, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 88%. As a result, the export price attained the peak level of $881 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Nigeria.
From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +2.9% per year.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Cameroon (CIF) - 2022
The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $289 per ton in 2022, rising by 7% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 37% against the previous year. Over the period under review, average import prices hit record highs at $690 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 Equatorial Guinea ($843 per ton), while the price for Central African Republic totaled $65 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Equatorial Guinea (+5.2%).
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Cameroon
Exports of ferrous waste and scrap; of alloy steel (excluding stainless)s from Cameroon declined notably to 94 tons in 2022, which is down by -70.5% against the year before. Overall, exports continue to indicate a precipitous curtailment.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s dropped rapidly to $56K in 2022. Over the period under review, exports saw a dramatic shrinkage.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 1.4 | 497 | 168 | 56.5 | 243.0% |
| Equatorial Guinea | 846 | N/A | N/A | N/A | 0% |
| Gabon | 626 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,474 | 497 | 168 | 56.5 | -66.3% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Cameroon in 2022:
- Nigeria (94.2 tons)
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Cameroon
Imports of ferrous waste and scrap; of alloy steel (excluding stainless)s into Cameroon expanded slightly to 817 kg in 2022, surging by 2.1% compared with 2021. Overall, imports, however, saw a deep setback. The pace of growth was the most pronounced in 2020 when imports increased by 36%. As a result, imports attained the peak of 1.7 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s totaled $236 in 2022. In general, imports, however, saw a significant contraction. The growth pace was the most rapid in 2020 when imports increased by 36%. As a result, imports attained the peak of $1.2K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Equatorial Guinea | 785 | 1,108 | 175 | 198 | -36.8% |
| Central African Republic | 26.0 | 65.0 | 39.0 | 38.0 | 13.5% |
| Others | 54.0 | N/A | 2.0 | N/A | -80.8% |
| Total | 865 | 1,173 | 216 | 236 | -35.1% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Cameroon in 2022:
- Central African Republic (582.0 kg)
- Equatorial Guinea (235.0 kg)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Cameroon.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Cameroon.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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