Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uganda - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uganda (CIF) - 2022
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uganda (FOB) - 2022
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uganda
- Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uganda
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uganda (CIF) - 2022
The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $394 per ton in 2022, surging by 5% against the previous year. Overall, import price indicated notable 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 +121.3% against 2014 indices. The pace of growth was the most pronounced in 2015 an increase of 60%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 the UK ($443 per ton), while the price for Burundi ($170 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+3.1%), 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 Uganda (FOB) - 2022
The average export price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $539 per ton in 2022, surging by 13% against the previous year. Over the period under review, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 86% against the previous year. Over the period under review, the average export prices attained the peak figure at $919 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($547 per ton), while the average price for exports to India amounted to $156 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-19.9%).
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uganda
In 2022, approx. 2.9K tons of ferrous waste and scrap; of alloy steel (excluding stainless)s were imported into Uganda; rising by 23% against the previous year's figure. In general, imports saw a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 104% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s soared to $1.2M in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 114% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 1,128 | 0% |
| Democratic Republic of the Congo | 184 | 13.3 | 160 | 40.5 | -39.6% |
| Rwanda | 186 | 20.4 | 285 | 20.4 | -52.1% |
| Burundi | 129 | 14.8 | 216 | 16.2 | -49.9% |
| Kenya | 92.5 | 1.8 | 20.9 | 1.3 | -75.9% |
| Latvia | N/A | 280 | N/A | N/A | 0% |
| Others | 103 | 41.2 | 112 | 11.4 | -52.0% |
| Total | 695 | 371 | 794 | 1,218 | 20.6% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Uganda in 2022:
- United Kingdom (2548.6 tons)
- Democratic Republic of the Congo (123.9 tons)
- Burundi (94.8 tons)
- Rwanda (72.4 tons)
- Kenya (5.2 tons)
Exports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uganda
In 2022, the amount of ferrous waste and scrap; of alloy steel (excluding stainless)s exported from Uganda skyrocketed to 78 tons, growing by 47% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of ferrous waste and scrap; of alloy steel (excluding stainless)s soared to $42K in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 14.7 | 19.4 | 25.2 | 41.9 | 41.8% |
| India | 0.5 | 0.4 | 0.3 | 0.3 | -15.7% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 15.5 | 19.9 | 25.5 | 42.2 | 39.6% |
Top Export Markets for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) from Uganda in 2022:
- Rwanda (76.6 tons)
- India (1.8 tons)
140
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Uganda.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
140
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Uganda.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
Nothing found. Please try again.
