Price for Ferrous Waste and Scrap; of Cast Iron in Switzerland - 2024

Contents:

1. Price for Ferrous Waste and Scrap; of Cast Iron in Switzerland (FOB) - 2024
2. Price for Ferrous Waste and Scrap; of Cast Iron in Switzerland (CIF) - 2022
3. Exports of Ferrous Waste and Scrap; of Cast Iron in Switzerland
4. Imports of Ferrous Waste and Scrap; of Cast Iron in Switzerland

Price for Ferrous Waste and Scrap; of Cast Iron in Switzerland (FOB) - 2024

The average export price for ferrous waste and scrap; of cast ira stood at $327 per ton in December 2023, declining by -18.9% 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 November 2023 an increase of 46% month-to-month. As a result, the export price reached the peak level of $403 per ton, and then shrank dramatically in the following month.

Average prices varied somewhat for the major export markets. In December 2023, the highest price was recorded for prices to Austria ($374 per ton) and Italy ($366 per ton), while the average price for exports to France ($287 per ton) and Germany ($301 per ton) were amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ferrous Waste and Scrap; of Cast Iron in Switzerland (CIF) - 2022

The average import price for ferrous waste and scrap; of cast ira stood at $288 per ton in 2022, shrinking by -2.8% against the previous year. Over the period under review, the import price saw a pronounced decline. The pace of growth appeared the most rapid in 2020 an increase of 11%. The import price peaked at $452 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($386 per ton), while the price for Germany totaled $285 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, shipments abroad of ferrous waste and scrap; of cast ira decreased by -7.9% to 12K tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when exports increased by 32%. As a result, the exports reached the peak of 18K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of ferrous waste and scrap; of cast ira fell to $4.3M in 2022. The total export value increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year.

Top Export Markets for Ferrous Waste and Scrap; of Cast Iron from Switzerland in 2022:

1. Germany (6.6K tons)
2. France (2.9K tons)
3. Italy (1.3K tons)
4. Netherlands (0.5K tons)
5. Austria (0.2K tons)

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

Imports of ferrous waste and scrap; of cast ira into Switzerland shrank dramatically to 2.2K tons in 2022, reducing by -52.1% against 2021 figures. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 151% against the previous year. As a result, imports reached the peak of 4.5K tons, and then reduced dramatically in the following year.

In value terms, imports of ferrous waste and scrap; of cast ira reduced markedly to $623K in 2022. Over the period under review, imports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 154% against the previous year. As a result, imports attained the peak of $1.3M, and then contracted rapidly in the following year.

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

1. Germany (2129.5 tons)
2. France (35.0 tons)

Source: IndexBox Market Intelligence Platform