Price for Ferrous Waste and Scrap; of Stainless Steel in Greece - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Stainless Steel in Greece (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Stainless Steel in Greece (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Stainless Steel in Greece
- Imports of Ferrous Waste and Scrap; of Stainless Steel in Greece
Price for Ferrous Waste and Scrap; of Stainless Steel in Greece (FOB) - 2022
The average export price for ferrous waste and scrap; of stainless steels stood at $1,504 per ton in 2022, remaining stable against the previous year. In general, the export price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 an increase of 19%. Over the period under review, the average export prices hit record highs at $1,881 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($2,515 per ton), while the average price for exports to Turkey ($700 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 Turkey (+69.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Stainless Steel in Greece (CIF) - 2022
The average import price for ferrous waste and scrap; of stainless steels stood at $302 per ton in 2022, reducing by -23% against the previous year. In general, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 an increase of 550% against the previous year. The import price peaked at $1,755 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 Bulgaria ($354 per ton), while the price for China ($130 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (-6.2%), while the prices for the other major suppliers experienced a decline.
Exports of Ferrous Waste and Scrap; of Stainless Steel in Greece
Exports of ferrous waste and scrap; of stainless steels from Greece expanded rapidly to 22K tons in 2022, rising by 6.5% compared with the previous year's figure. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 84%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of ferrous waste and scrap; of stainless steels expanded notably to $32M in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 118% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Ferrous Waste and Scrap; of Stainless Steel in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 9.3 | 9.3 | 14.8 | 11.3 | 6.7% |
| Italy | 0.6 | 0.3 | 2.5 | 6.5 | 121.3% |
| Netherlands | 3.3 | 3.6 | 9.1 | 6.0 | 22.1% |
| Turkey | N/A | N/A | 1.8 | 3.6 | 100.0% |
| Germany | N/A | N/A | 0.1 | 1.9 | 1800.0% |
| United Kingdom | 0.4 | 0.1 | 1.0 | 1.3 | 48.1% |
| Others | 0.4 | 0.5 | 0.6 | 1.7 | 62.0% |
| Total | 14.0 | 13.8 | 30.0 | 32.3 | 32.1% |
Top Export Markets for Ferrous Waste and Scrap; of Stainless Steel from Greece in 2022:
- India (8.6K tons)
- Turkey (5.2K tons)
- Netherlands (2.7K tons)
- Italy (2.6K tons)
- Germany (0.8K tons)
- United Kingdom (0.6K tons)
Imports of Ferrous Waste and Scrap; of Stainless Steel in Greece
In 2022, approx. 1.8K tons of ferrous waste and scrap; of stainless steels were imported into Greece; picking up by 1,983% against the previous year's figure. In general, imports saw a significant 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 stainless steels skyrocketed to $535K in 2022. Over the period under review, imports continue to indicate 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 Stainless Steel in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.6 | 6.8 | 0.6 | 303 | 474.3% |
| Bulgaria | 69.4 | N/A | N/A | 157 | 31.3% |
| China | N/A | N/A | N/A | 26.7 | 0% |
| Belgium | N/A | N/A | 4.8 | N/A | 0% |
| Others | 23.1 | 19.6 | 28.0 | 48.1 | 27.7% |
| Total | 94.1 | 26.3 | 33.3 | 535 | 78.5% |
Top Suppliers of Ferrous Waste and Scrap; of Stainless Steel to Greece in 2022:
- Italy (1090.2 tons)
- Bulgaria (443.4 tons)
- China (205.1 tons)
417
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Greece.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
417
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Greece.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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