Price for Ferrous Waste and Scrap; of Stainless Steel in Israel - 2024
Contents:
- Price for Ferrous Waste and Scrap; of Stainless Steel in Israel (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Stainless Steel in Israel (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Stainless Steel in Israel
- Imports of Ferrous Waste and Scrap; of Stainless Steel in Israel
Price for Ferrous Waste and Scrap; of Stainless Steel in Israel (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of stainless steels amounted to $978 per ton, with a decrease of -8.5% against the previous year. In general, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2013 an increase of 9%. As a result, the export price attained the peak level of $1,819 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($2,538 per ton), while the average price for exports to India ($866 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 the UK (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Ferrous Waste and Scrap; of Stainless Steel in Israel (CIF) - 2022
The average import price for ferrous waste and scrap; of stainless steels stood at $4,483 per ton in 2022, waning by -16.4% against the previous year. Over the period under review, the import price, however, continues to indicate measured growth. The most prominent rate of growth was recorded in 2019 an increase of 425% against the previous year. As a result, import price attained the peak level of $8,052 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,735 per ton), while the price for the UK stood at $3,885 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ferrous Waste and Scrap; of Stainless Steel in Israel
For the fourth year in a row, Israel recorded growth in shipments abroad of ferrous waste and scrap; of stainless steels, which increased by 13% to 86K tons in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 301% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of ferrous waste and scrap; of stainless steels stood at $84M in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 286%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Ferrous Waste and Scrap; of Stainless Steel in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.4 | 19.1 | 72.4 | 76.0 | 278.6% |
| Netherlands | 2.0 | 2.1 | 4.3 | 5.5 | 40.1% |
| India | 2.4 | 3.8 | 4.3 | 2.8 | 5.3% |
| Others | 1.2 | 2.0 | 0.7 | 0.2 | -45.0% |
| Total | 7.0 | 26.9 | 81.6 | 84.5 | 129.4% |
Top Export Markets for Ferrous Waste and Scrap; of Stainless Steel from Israel in 2022:
- Turkey (80.9K tons)
- India (3.2K tons)
- Netherlands (2.2K tons)
Imports of Ferrous Waste and Scrap; of Stainless Steel in Israel
After two years of decline, overseas purchases of ferrous waste and scrap; of stainless steels increased by 83% to 15 tons in 2022. Over the period under review, imports, however, saw a dramatic descent.
In value terms, imports of ferrous waste and scrap; of stainless steels skyrocketed to $69K in 2022. In general, imports, however, recorded a sharp decrease.
| Import of Ferrous Waste and Scrap; of Stainless Steel in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 143 | 56.5 | 42.2 | 56.0 | -26.8% |
| United States | 8.2 | N/A | N/A | 12.7 | 15.7% |
| South Korea | 133 | 45.4 | N/A | N/A | -65.9% |
| Germany | N/A | N/A | 3.0 | N/A | 0% |
| Jordan | 82.6 | N/A | N/A | N/A | 0% |
| Others | 0.3 | N/A | N/A | 0.4 | 10.1% |
| Total | 368 | 102 | 45.2 | 69.1 | -42.7% |
Top Suppliers of Ferrous Waste and Scrap; of Stainless Steel to Israel in 2022:
- United Kingdom (14.4 tons)
- United States (1.0 tons)
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