Price for Ferrous Waste and Scrap; of Cast Iron in Angola - 2022

Contents:

1. Price for Ferrous Waste and Scrap; of Cast Iron in Angola (FOB) - 2022
2. Price for Ferrous Waste and Scrap; of Cast Iron in Angola (CIF) - 2022
3. Exports of Ferrous Waste and Scrap; of Cast Iron in Angola
4. Imports of Ferrous Waste and Scrap; of Cast Iron in Angola

Price for Ferrous Waste and Scrap; of Cast Iron in Angola (FOB) - 2022

In 2022, the average export price for ferrous waste and scrap; of cast ira amounted to $249 per ton, rising by 1.8% against the previous year. In general, the export price, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2018 an increase of 19%. The export price peaked at $371 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to -4.8% per year.

Price for Ferrous Waste and Scrap; of Cast Iron in Angola (CIF) - 2022

The average import price for ferrous waste and scrap; of cast ira stood at $1,821 per ton in 2022, dropping by -20.1% against the previous year. Over the period under review, the import price, however, saw a modest increase. The most prominent rate of growth was recorded in 2017 an increase of 547%. The import price peaked at $2,278 per ton in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Namibia ($2,693 per ton), while the price for Brazil totaled $911 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ferrous Waste and Scrap; of Cast Iron in Angola

After two years of decline, shipments abroad of ferrous waste and scrap; of cast ira increased by 415% to 785 tons in 2022. Overall, exports, however, showed a significant contraction.

In value terms, exports of ferrous waste and scrap; of cast ira surged to $195K in 2022. Over the period under review, exports, however, showed a precipitous slump.

Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Angola in 2022:

1. Democratic Republic of the Congo (784.7 tons)

Imports of Ferrous Waste and Scrap; of Cast Iron in Angola

Imports of ferrous waste and scrap; of cast ira into Angola contracted significantly to 1.5 tons in 2022, falling by -58.4% on 2021. Over the period under review, imports faced a precipitous setback. The smallest decline of -16.4% was in 2020.

In value terms, imports of ferrous waste and scrap; of cast ira reduced dramatically to $2.8K in 2022. Overall, imports continue to indicate a precipitous setback. The smallest decline of -36.1% was in 2020.

Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Angola in 2022:

1. Namibia (785.0 kg)
2. Brazil (753.0 kg)

Source: IndexBox Market Intelligence Platform