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

Contents:

1. Price for Ferrous Waste and Scrap; of Cast Iron in the Netherlands (FOB) - 2023
2. Price for Ferrous Waste and Scrap; of Cast Iron in the Netherlands (CIF) - 2023
3. Exports of Ferrous Waste and Scrap; of Cast Iron in the Netherlands
4. Imports of Ferrous Waste and Scrap; of Cast Iron in the Netherlands

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

In November 2023, the average export price for ferrous waste and scrap; of cast ira amounted to $1,004 per ton, with an increase of 27% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 31% m-o-m. As a result, the export price attained the peak level of $1,091 per ton. From September 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Pakistan ($1,145 per ton), while the average price for exports to India totaled $495 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for ferrous waste and scrap; of cast ira stood at $519 per ton in November 2023, shrinking by -3.1% against the previous month. Over the period under review, the import price continues to indicate a mild reduction. The most prominent rate of growth was recorded in January 2023 an increase of 57% against the previous month. The import price peaked at $724 per ton in August 2023; however, from September 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Switzerland ($961 per ton), while the price for the UK ($312 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Ferrous Waste and Scrap; of Cast Iron in the Netherlands

Exports of ferrous waste and scrap; of cast ira from the Netherlands shrank markedly to 222K tons in 2022, waning by -36.8% on the previous year. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, the exports attained the peak of 352K tons, and then dropped markedly in the following year.

In value terms, exports of ferrous waste and scrap; of cast ira stood at $207M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

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

1. Germany (117.9K tons)
2. Belgium (42.8K tons)
3. Austria (40.7K tons)
4. Poland (3.6K tons)

Imports of Ferrous Waste and Scrap; of Cast Iron in the Netherlands

In 2022, after three years of growth, there was significant decline in supplies from abroad of ferrous waste and scrap; of cast ira, when their volume decreased by -51% to 197K tons. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 17%.

In value terms, imports of ferrous waste and scrap; of cast ira reduced to $114M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68%. As a result, imports attained the peak of $133M, and then shrank in the following year.

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

1. Germany (159.9K tons)
2. Belgium (12.0K tons)
3. France (9.4K tons)
4. Czech Republic (6.1K tons)

Source: IndexBox Market Intelligence Platform