Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Indonesia - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Indonesia (CIF) - 2022
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Indonesia (FOB) - 2022
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Indonesia
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Indonesia
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Indonesia (CIF) - 2022
The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $576 per ton in March 2022, surging by 7.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.5%. The growth pace was the most rapid in February 2022 an increase of 9.7% against the previous month. The import price peaked in March 2022.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was Australia ($576 per ton), while the price for Papua New Guinea stood at $576 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Indonesia (FOB) - 2022
The average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $544 per ton in 2022, rising by 18% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 94%. The export price peaked at $1,097 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($1,912 per ton), while the average price for exports to Thailand ($153 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Indonesia
In 2022, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s into Indonesia dropped remarkably to 17K tons, with a decrease of -84.5% on 2021. In general, imports showed a significant curtailment. The smallest decline of -13.8% was in 2020.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s shrank significantly to $9.1M in 2022. Overall, imports faced a significant decline. The smallest decline of -12.8% was in 2020.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 6.1 | 4.9 | 20.9 | 4.4 | -10.3% |
| United Kingdom | 38.4 | 28.5 | 16.2 | 3.4 | -55.4% |
| New Zealand | 0.5 | 0.5 | 1.3 | 1.2 | 33.9% |
| Malaysia | 5.6 | 11.8 | 0.2 | N/A | -81.1% |
| Poland | 2.1 | N/A | N/A | N/A | 0% |
| United States | 2.6 | 1.1 | 0.1 | N/A | -80.4% |
| Brazil | 0.6 | 2.5 | N/A | N/A | 316.7% |
| Others | 2.8 | 1.9 | 0.2 | 0.1 | -67.1% |
| Total | 58.7 | 51.2 | 39.0 | 9.1 | -46.3% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Indonesia in 2022:
- Australia (8.0K tons)
- United Kingdom (6.1K tons)
- New Zealand (2.4K tons)
- United States (0.1K tons)
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Indonesia
In 2022, after three years of growth, there was significant decline in overseas shipments of ferrous waste and scrap; of alloy steel (excluding stainless)s, when their volume decreased by -56.3% to 3K tons. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 386%. As a result, the exports attained the peak of 6.9K tons, and then contracted markedly in the following year.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s contracted sharply to $1.6M in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 148% against the previous year. As a result, the exports attained the peak of $2.9M, and then plummeted in the following year.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 106 | 88.8 | 1,516 | 1,029 | 113.3% |
| Japan | 98.1 | 401 | 55.5 | 246 | 35.9% |
| Taiwan (Chinese) | 244 | 462 | 117 | 232 | -1.7% |
| China | 192 | N/A | N/A | 34.1 | -43.8% |
| Thailand | 33.7 | 15.0 | 18.5 | 11.3 | -30.5% |
| Malaysia | 122 | 164 | 1,171 | 2.7 | -71.9% |
| Others | 6.3 | 36.3 | 16.3 | 84.9 | 138.0% |
| Total | 802 | 1,167 | 2,894 | 1,639 | 26.9% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Indonesia in 2022:
- Singapore (2448.0 tons)
- Taiwan (Chinese) (309.5 tons)
- Japan (128.5 tons)
- Thailand (73.8 tons)
- China (40.6 tons)
- Malaysia (15.0 tons)
950
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Indonesia.
701
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
950
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Indonesia.
701
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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