Price for Ferrous Waste and Scrap; of Cast Iron in Indonesia - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Cast Iron in Indonesia (CIF) - 2022
- Price for Ferrous Waste and Scrap; of Cast Iron in Indonesia (FOB) - 2022
- Imports of Ferrous Waste and Scrap; of Cast Iron in Indonesia
- Exports of Ferrous Waste and Scrap; of Cast Iron in Indonesia
Price for Ferrous Waste and Scrap; of Cast Iron in Indonesia (CIF) - 2022
The average import price for ferrous waste and scrap; of cast ira stood at $787 per ton in 2022, jumping by 32% against the previous year. Over the period under review, the import price posted a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($845 per ton), while the price for Vietnam ($696 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+30.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Cast Iron in Indonesia (FOB) - 2022
The average export price for ferrous waste and scrap; of cast ira stood at $641 per ton in 2022, surging by 17% against the previous year. Overall, the export price enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 42%. As a result, the export price attained the peak level of $698 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($650 per ton), while the average price for exports to Singapore ($625 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 (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ferrous Waste and Scrap; of Cast Iron in Indonesia
In 2022, the amount of ferrous waste and scrap; of cast ira imported into Indonesia skyrocketed to 4.7K tons, increasing by 97% against the previous year. Over the period under review, imports showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of ferrous waste and scrap; of cast ira surged to $3.7M in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ferrous Waste and Scrap; of Cast Iron in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 499 | 200 | 766 | 2,875 | 79.3% |
| Chile | 783 | 504 | 509 | 702 | -3.6% |
| Vietnam | 333 | 53.0 | 140 | 93.3 | -34.6% |
| Others | 0.8 | 0.7 | N/A | 1.2 | 14.5% |
| Total | 1,616 | 757 | 1,414 | 3,672 | 31.5% |
Top Suppliers of Ferrous Waste and Scrap; of Cast Iron to Indonesia in 2022:
- Australia (3.7K tons)
- Chile (0.8K tons)
- Vietnam (0.1K tons)
Exports of Ferrous Waste and Scrap; of Cast Iron in Indonesia
In 2022, approx. 818 tons of ferrous waste and scrap; of cast ira were exported from Indonesia; falling by -59.6% compared with 2021. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 200%. As a result, the exports attained the peak of 2K tons, and then shrank rapidly in the following year.
In value terms, exports of ferrous waste and scrap; of cast ira dropped remarkably to $524K in 2022. Over the period under review, exports, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of 272% against the previous year. As a result, the exports attained the peak of $1.1M, and then contracted markedly in the following year.
| Export of Ferrous Waste and Scrap; of Cast Iron in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | 48.3 | 961 | 257 | 130.7% |
| China | 25.8 | 135 | 64.7 | 143 | 77.0% |
| Singapore | 325 | 82.7 | 79.8 | 124 | -27.5% |
| Vietnam | 90.0 | 12.0 | N/A | N/A | -86.7% |
| Others | 14.3 | 21.5 | 7.0 | N/A | -30.0% |
| Total | 455 | 299 | 1,113 | 524 | 4.8% |
Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Indonesia in 2022:
- Malaysia (400.0 tons)
- China (220.0 tons)
- Singapore (197.7 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Indonesia.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
924
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Indonesia.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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