Price for Ferrous Waste and Scrap; of Cast Iron in France - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Cast Iron in France (FOB) - 2023
- Price for Ferrous Waste and Scrap; of Cast Iron in France (CIF) - 2023
- Exports of Ferrous Waste and Scrap; of Cast Iron in France
- Imports of Ferrous Waste and Scrap; of Cast Iron in France
Price for Ferrous Waste and Scrap; of Cast Iron in France (FOB) - 2023
In October 2023, the average export price for ferrous waste and scrap; of cast ira amounted to $360 per ton, increasing by 4.9% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in March 2023 an increase of 14% m-o-m. Over the period under review, the average export prices reached the peak figure at $412 per ton in May 2023; however, from June 2023 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($829 per ton), while the average price for exports to Switzerland ($156 per ton) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Cast Iron in France (CIF) - 2023
In November 2023, the average import price for ferrous waste and scrap; of cast ira amounted to $355 per ton, waning by -8.4% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 13% month-to-month. The import price peaked at $413 per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Switzerland.
From November 2022 to November 2023, the rate of growth in terms of prices for Luxembourg amounted to +4.7% per month.
Exports of Ferrous Waste and Scrap; of Cast Iron in France
In 2022, the amount of ferrous waste and scrap; of cast ira exported from France dropped remarkably to 370K tons, waning by -15.5% compared with the previous year. Overall, exports saw a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. As a result, the exports reached the peak of 437K tons, and then reduced notably in the following year.
In value terms, exports of ferrous waste and scrap; of cast ira dropped rapidly to $142M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 75% against the previous year. As a result, the exports reached the peak of $167M, and then dropped sharply in the following year.
| Export of Ferrous Waste and Scrap; of Cast Iron in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 45.3 | 36.6 | 75.3 | 66.6 | 13.7% |
| Belgium | 21.9 | 19.4 | 45.4 | 42.7 | 24.9% |
| Luxembourg | 9.3 | 8.0 | 14.5 | 10.5 | 4.1% |
| Italy | 11.9 | 10.7 | 15.8 | 10.0 | -5.6% |
| Germany | 12.6 | 5.2 | 12.0 | 8.6 | -12.0% |
| United Kingdom | 4.3 | 7.0 | N/A | N/A | 62.8% |
| Others | 4.4 | 8.5 | 4.4 | 3.2 | -10.1% |
| Total | 110 | 95.5 | 167 | 142 | 8.9% |
Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from France in 2022:
- Spain (187.5K tons)
- Belgium (104.5K tons)
- Germany (26.4K tons)
- Luxembourg (24.3K tons)
- Italy (22.1K tons)
Imports of Ferrous Waste and Scrap; of Cast Iron in France
In 2022, imports of ferrous waste and scrap; of cast ira into France expanded markedly to 114K tons, increasing by 9.4% compared with the year before. In general, imports enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of ferrous waste and scrap; of cast ira surged to $48M in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 98%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Ferrous Waste and Scrap; of Cast Iron in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.9 | 4.2 | 10.6 | 21.1 | 123.1% |
| Belgium | 6.9 | 4.1 | 10.3 | 17.4 | 36.1% |
| Spain | 4.0 | 2.5 | 4.0 | 4.9 | 7.0% |
| Luxembourg | 1.3 | 3.5 | 5.1 | 2.1 | 17.3% |
| United Kingdom | 0.8 | 1.2 | 0.8 | 0.6 | -9.1% |
| Switzerland | 0.5 | 0.3 | 0.5 | 0.6 | 6.3% |
| Others | 0.8 | 0.7 | 1.4 | 1.2 | 14.5% |
| Total | 16.2 | 16.5 | 32.8 | 47.8 | 43.4% |
Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to France in 2022:
- Germany (48.8K tons)
- Belgium (36.8K tons)
- Luxembourg (12.8K tons)
- Spain (10.3K tons)
- Switzerland (2.5K tons)
- United Kingdom (1.0K tons)
369
This report provides an in-depth analysis of the market for metal remelting scrap ingots in France.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
369
This report provides an in-depth analysis of the market for metal remelting scrap ingots in France.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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