Price for Ferrous Waste and Scrap; of Cast Iron in Slovenia - 2023

Price for Ferrous Waste and Scrap; of Cast Iron in Slovenia (CIF) - 2023

The average import price for ferrous waste and scrap; of cast ira stood at $545 per ton in September 2023, picking up by 4.4% against the previous month. Over the period from October 2022 to September 2023, it increased at an average monthly rate of +4.4%. The pace of growth appeared the most rapid in December 2022 an increase of 20% against the previous month. Over the period under review, average import prices attained the maximum at $591 per ton in May 2023; however, from June 2023 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Netherlands ($1,390 per ton), while the price for Croatia ($345 per ton) was amongst the lowest.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ferrous Waste and Scrap; of Cast Iron in Slovenia (FOB) - 2023

In September 2023, the average export price for ferrous waste and scrap; of cast ira amounted to $748 per ton, rising by 119% against the previous month. Over the period under review, the export price posted prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($1,352 per ton), while the average price for exports to Croatia ($278 per ton) was amongst the lowest.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+9.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Slovenia recorded growth in overseas purchases of ferrous waste and scrap; of cast ira, which increased by 16% to 23K tons in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 50%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of ferrous waste and scrap; of cast ira expanded markedly to $12M in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 141%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Ferrous Waste and Scrap; of Cast Iron in Slovenia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hungary	2.1	2.0	4.8	4.0	24.0%
Slovakia	0.1	0.1	0.5	2.3	184.4%
Netherlands	N/A	N/A	1.9	2.2	15.8%
Germany	0.6	1.4	1.0	1.6	38.7%
Croatia	0.3	0.2	0.7	0.9	44.2%
Italy	N/A	N/A	0.1	0.4	300.0%
Austria	0.2	0.5	0.6	0.1	-20.6%
Poland	N/A	N/A	0.4	N/A	0%
Others	0.1	N/A	N/A	0.1	0.0%
Total	3.4	4.2	10.2	11.5	50.1%

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

Hungary (8.4K tons)
Slovakia (7.1K tons)
Germany (2.8K tons)
Croatia (2.4K tons)
Netherlands (1.5K tons)
Italy (0.7K tons)
Austria (0.2K tons)

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

In 2022, approx. 8K tons of ferrous waste and scrap; of cast ira were exported from Slovenia; waning by -38.4% compared with 2021 figures. In general, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by 320%. As a result, the exports attained the peak of 13K tons, and then dropped markedly in the following year.

In value terms, exports of ferrous waste and scrap; of cast ira reduced markedly to $3.5M in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 452% against the previous year. As a result, the exports attained the peak of $4.9M, and then declined sharply in the following year.