Price for Ferrous Waste and Scrap; of Cast Iron in Belarus - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Cast Iron in Belarus (CIF) - 2022
- Price for Ferrous Waste and Scrap; of Cast Iron in Belarus (FOB) - 2022
- Imports of Ferrous Waste and Scrap; of Cast Iron in Belarus
- Exports of Ferrous Waste and Scrap; of Cast Iron in Belarus
Price for Ferrous Waste and Scrap; of Cast Iron in Belarus (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of cast ira amounted to $424 per ton, increasing by 2.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 62% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +0.7% per year.
Price for Ferrous Waste and Scrap; of Cast Iron in Belarus (FOB) - 2022
In December 2021, the average export price for ferrous waste and scrap; of cast ira amounted to $280 per ton, dropping by -1.9% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2021 when the average export price increased by 2.1% m-o-m. As a result, the export price attained the peak level of $286 per ton, and then contracted modestly in the following month.
Average prices varied noticeably for the major foreign markets. In December 2021, the country with the highest price was Latvia ($284 per ton), while the average price for exports to Russia totaled $276 per ton.
From September 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Ferrous Waste and Scrap; of Cast Iron in Belarus
In 2022, approx. 28 tons of ferrous waste and scrap; of cast ira were imported into Belarus; picking up by 799% on the previous year's figure. Overall, imports, however, faced a sharp curtailment.
In value terms, imports of ferrous waste and scrap; of cast ira soared to $12K in 2022. In general, imports, however, saw a sharp shrinkage.
| Import of Ferrous Waste and Scrap; of Cast Iron in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,329 | 1,263 | 1.3 | 12.0 | -79.2% |
| Others | 0.8 | 1.3 | N/A | N/A | 62.5% |
| Total | 1,329 | 1,265 | 1.3 | 12.0 | -79.2% |
Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Belarus in 2022:
- Russia (28.3 tons)
Exports of Ferrous Waste and Scrap; of Cast Iron in Belarus
Exports of ferrous waste and scrap; of cast ira from Belarus reduced rapidly to 395 tons in 2022, waning by -88.9% compared with the previous year's figure. In general, exports continue to indicate a dramatic descent.
In value terms, exports of ferrous waste and scrap; of cast ira plummeted to $112K in 2022. Over the period under review, exports continue to indicate a sharp decline.
| Export of Ferrous Waste and Scrap; of Cast Iron in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Latvia | 1,021 | 111 | -89.1% | ||
| Lithuania | 81.8 | N/A | 0% | ||
| Others | N/A | 1.2 | 0% | ||
| Total | 1,103 | 112 | -89.8% | ||
Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Belarus in 2022:
- Latvia (390.0 tons)
340
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Belarus.
681
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
340
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Belarus.
681
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
Nothing found. Please try again.
