Price for Ferrous Waste and Scrap; of Cast Iron in Ecuador - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Cast Iron in Ecuador (CIF) - 2022
- Price for Ferrous Waste and Scrap; of Cast Iron in Ecuador (FOB) - 2022
- Imports of Ferrous Waste and Scrap; of Cast Iron in Ecuador
- Exports of Ferrous Waste and Scrap; of Cast Iron in Ecuador
Price for Ferrous Waste and Scrap; of Cast Iron in Ecuador (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of cast ira amounted to $235 per ton, reducing by -37.4% against the previous year. Overall, the import price recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 77% against the previous year. The import price peaked at $381 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +8.0% per year.
Price for Ferrous Waste and Scrap; of Cast Iron in Ecuador (FOB) - 2022
The average export price for ferrous waste and scrap; of cast ira stood at $470 per ton in 2022, with a decrease of -5.3% against the previous year. Over the period under review, the export price, however, showed a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 144% against the previous year. Over the period under review, the average export prices reached the maximum at $496 per ton in 2021, and then fell in the following year.
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 Singapore ($1,131 per ton), while the average price for exports to Malaysia ($292 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 Malaysia (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ferrous Waste and Scrap; of Cast Iron in Ecuador
In 2022, imports of ferrous waste and scrap; of cast ira into Ecuador reduced dramatically to 35 tons, waning by -97.2% on the year before. Overall, imports showed a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 953% against the previous year. As a result, imports attained the peak of 1.3K tons, and then reduced markedly in the following year.
In value terms, imports of ferrous waste and scrap; of cast ira contracted dramatically to $8.3K in 2022. Over the period under review, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 1,763% against the previous year. As a result, imports reached the peak of $479K, and then fell notably in the following year.
| Import of Ferrous Waste and Scrap; of Cast Iron in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 0.2 | 8.3 | 4050.0% |
| Nicaragua | 4.8 | 1.0 | 27.8 | N/A | 140.7% |
| United States | 175 | 23.7 | 411 | N/A | 53.3% |
| Panama | 5.4 | 0.7 | 9.8 | N/A | 34.7% |
| Others | 1.1 | 0.3 | 30.3 | N/A | 424.8% |
| Total | 187 | 25.7 | 479 | 8.3 | -64.6% |
Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Ecuador in 2022:
- China (35.3 tons)
Exports of Ferrous Waste and Scrap; of Cast Iron in Ecuador
In 2022, shipments abroad of ferrous waste and scrap; of cast ira decreased by -29.7% to 370 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 189%.
In value terms, exports of ferrous waste and scrap; of cast ira shrank remarkably to $174K in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 202% against the previous year. As a result, the exports reached the peak of $261K, and then declined significantly in the following year.
| Export of Ferrous Waste and Scrap; of Cast Iron in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 5.1 | 32.2 | 137 | 88.4 | 158.8% |
| Singapore | 20.3 | 43.1 | 96.4 | 65.7 | 47.9% |
| United States | 1.8 | 3.3 | 6.8 | 3.7 | 27.1% |
| Others | 3.1 | 7.8 | 21.5 | 16.0 | 72.8% |
| Total | 30.2 | 86.5 | 261 | 174 | 79.3% |
Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Ecuador in 2022:
- Malaysia (302.5 tons)
- Singapore (58.2 tons)
- United States (7.4 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Ecuador.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Ecuador.
681
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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