Price for Ferrous Waste and Scrap; of Cast Iron in Brazil - 2024

Contents:

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

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

In 2022, the average export price for ferrous waste and scrap; of cast ira amounted to $376 per ton, remaining stable against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for ferrous waste and scrap; of cast ira increased by +69.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 69%. The export price peaked at $441 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($1,073 per ton), while the average price for exports to Paraguay ($104 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 the United States (+62.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for ferrous waste and scrap; of cast ira stood at $210 per ton in 2022, growing by 12% against the previous year. Overall, the import price, however, showed a abrupt setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 93% against the previous year. The import price peaked at $583 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($562 per ton), while the price for Paraguay stood at $178 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after two years of decline, there was significant growth in overseas shipments of ferrous waste and scrap; of cast ira, when their volume increased by 101% to 8.6K tons. Over the period under review, exports, however, recorded a dramatic contraction.

In value terms, exports of ferrous waste and scrap; of cast ira skyrocketed to $3.2M in 2022. In general, exports, however, showed a deep contraction.

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

1. Bangladesh (2.8K tons)
2. Paraguay (2.6K tons)
3. India (2.1K tons)
4. Taiwan (Chinese) (0.8K tons)
5. Argentina (0.4K tons)

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

Imports of ferrous waste and scrap; of cast ira into Brazil fell remarkably to 338 tons in 2022, waning by -86.9% compared with the previous year's figure. Overall, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 459% against the previous year. As a result, imports reached the peak of 2.6K tons, and then dropped notably in the following year.

In value terms, imports of ferrous waste and scrap; of cast ira reduced sharply to $71K in 2022. In general, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 980% against the previous year. As a result, imports reached the peak of $481K, and then dropped sharply in the following year.

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

1. Paraguay (309.5 tons)
2. United Kingdom (28.1 tons)

Source: IndexBox Market Intelligence Platform