Price for Ferrous Waste and Scrap; of Cast Iron in Guatemala - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Cast Iron in Guatemala (FOB) - 2023
- Price for Ferrous Waste and Scrap; of Cast Iron in Guatemala (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Cast Iron in Guatemala
- Imports of Ferrous Waste and Scrap; of Cast Iron in Guatemala
Price for Ferrous Waste and Scrap; of Cast Iron in Guatemala (FOB) - 2023
The average export price for ferrous waste and scrap; of cast ira stood at $304 per ton in October 2023, remaining constant against the previous month. Overall, export price indicated perceptible growth from December 2022 to October 2023: its price increased at an average monthly rate of +2.5% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for ferrous waste and scrap; of cast ira increased by +79.2% against June 2023 indices. The most prominent rate of growth was recorded in September 2023 an increase of 46% month-to-month. The export price peaked in October 2023.
Average prices varied somewhat for the major overseas markets. In October 2023, the country with the highest price was Honduras ($388 per ton), while the average price for exports to India ($273 per ton) was amongst the lowest.
From December 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Cast Iron in Guatemala (CIF) - 2022
The average import price for ferrous waste and scrap; of cast ira stood at $382 per ton in 2022, surging by 1.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 110%. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($524 per ton), while the price for Belize ($213 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ferrous Waste and Scrap; of Cast Iron in Guatemala
In 2022, the amount of ferrous waste and scrap; of cast ira exported from Guatemala skyrocketed to 23K tons, rising by 40% against the year before. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 481%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of ferrous waste and scrap; of cast ira skyrocketed to $5.8M in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 621% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Ferrous Waste and Scrap; of Cast Iron in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 330 | 153 | 1,774 | 2,412 | 94.1% |
| Thailand | 10.4 | N/A | 993 | 1,488 | 423.0% |
| India | 16.2 | 154 | 359 | 1,210 | 321.1% |
| Mexico | 619 | 264 | 956 | 280 | -23.2% |
| Vietnam | N/A | N/A | 3.6 | 269 | 7372.2% |
| South Korea | N/A | N/A | 114 | 58.1 | -49.0% |
| Bangladesh | N/A | 13.0 | 46.8 | N/A | 260.0% |
| Others | 1.0 | 8.4 | 25.2 | 49.4 | 266.9% |
| Total | 977 | 592 | 4,272 | 5,767 | 80.7% |
Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Guatemala in 2022:
- Taiwan (Chinese) (9.1K tons)
- Thailand (4.7K tons)
- Vietnam (4.1K tons)
- India (3.3K tons)
- Mexico (0.9K tons)
- South Korea (0.5K tons)
Imports of Ferrous Waste and Scrap; of Cast Iron in Guatemala
In 2022, imports of ferrous waste and scrap; of cast ira into Guatemala declined remarkably to 951 tons, falling by -46% against the year before. Overall, imports recorded a precipitous shrinkage. The smallest decline of -46% was in 2020.
In value terms, imports of ferrous waste and scrap; of cast ira plummeted to $363K in 2022. Over the period under review, imports showed a dramatic curtailment.
| Import of Ferrous Waste and Scrap; of Cast Iron in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 2.7 | 1.3 | 0.5 | 0.3 | -51.9% |
| Costa Rica | 1.1 | 0.2 | 0.1 | 0.1 | -55.0% |
| Nicaragua | 5.8 | 2.8 | N/A | N/A | -51.7% |
| Belize | 1.0 | 0.5 | N/A | N/A | -50.0% |
| United States | 11.0 | 6.5 | N/A | N/A | -40.9% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 21.7 | 11.4 | 0.7 | 0.4 | -73.6% |
Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Guatemala in 2022:
- Honduras (672.6 tons)
- Costa Rica (223.5 tons)
- Nicaragua (32.8 tons)
- Belize (20.0 tons)
- United States (2.5 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Guatemala.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
120
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Guatemala.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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