Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Brazil - 2024
Contents:
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Brazil (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Brazil (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Brazil
- Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Brazil
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Brazil (FOB) - 2022
The average export price for ferrous waste and scrap; of tinned iron or steels stood at $367 per ton in 2022, declining by -7.5% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 65%. As a result, the export price reached the peak level of $397 per ton, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1,425 per ton), while the average price for exports to India ($284 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 China (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Brazil (CIF) - 2022
The average import price for ferrous waste and scrap; of tinned iron or steels stood at $189 per ton in 2022, surging by 45% against the previous year. In general, the import price enjoyed noticeable growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 89%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cayman Islands ($350 per ton), while the price for South Korea ($66 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Brazil
For the third consecutive year, Brazil recorded decline in overseas shipments of ferrous waste and scrap; of tinned iron or steels, which decreased by -50.5% to 15K tons in 2022. In general, exports saw a sharp descent.
In value terms, exports of ferrous waste and scrap; of tinned iron or steels dropped dramatically to $5.4M in 2022. Overall, exports recorded a precipitous descent. The smallest decline of -32.4% was in 2021.
| Export of Ferrous Waste and Scrap; of Tinned Iron or Steel in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.0 | 3.0 | 1.7 | 2.0 | -30.7% |
| Bangladesh | 25.0 | 7.4 | 4.9 | 1.6 | -60.0% |
| Pakistan | 0.8 | 2.9 | 3.9 | 0.7 | -4.4% |
| China | N/A | 0.4 | 0.8 | 0.7 | 32.3% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.2 | 0% |
| Thailand | 0.9 | 0.4 | N/A | N/A | -55.6% |
| Indonesia | 8.3 | 2.5 | N/A | N/A | -69.9% |
| Others | 1.4 | 0.9 | 0.4 | 0.2 | -47.7% |
| Total | 42.5 | 17.3 | 11.7 | 5.4 | -49.7% |
Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from Brazil in 2022:
- India (7.1K tons)
- Bangladesh (4.3K tons)
- Pakistan (2.0K tons)
- Taiwan (Chinese) (0.5K tons)
- China (0.5K tons)
Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Brazil
In 2022, purchases abroad of ferrous waste and scrap; of tinned iron or steels decreased by -53% to 614 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 107%. As a result, imports attained the peak of 1.3K tons, and then fell significantly in the following year.
In value terms, imports of ferrous waste and scrap; of tinned iron or steels contracted significantly to $116K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 177%. As a result, imports reached the peak of $170K, and then shrank notably in the following year.
| Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.9 | 8.4 | 50.6 | 67.6 | 158.8% |
| South Korea | N/A | 9.1 | 2.1 | 17.2 | 37.5% |
| Spain | N/A | N/A | N/A | 14.4 | 0% |
| Curacao | N/A | N/A | N/A | 8.6 | 0% |
| Cayman Islands | N/A | N/A | N/A | 7.0 | 0% |
| Norway | N/A | N/A | 7.9 | N/A | 0% |
| Argentina | 24.0 | N/A | N/A | N/A | 0% |
| Japan | N/A | 9.7 | N/A | N/A | 0% |
| Chile | N/A | 13.8 | 98.7 | N/A | 615.2% |
| Slovakia | N/A | 5.8 | N/A | N/A | 0% |
| France | 8.5 | N/A | N/A | N/A | 0% |
| Others | 5.0 | 14.6 | 10.9 | 1.3 | -36.2% |
| Total | 41.4 | 61.4 | 170 | 116 | 41.0% |
Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Brazil in 2022:
- South Korea (261.7 tons)
- Netherlands (254.4 tons)
- Spain (41.1 tons)
- Curacao (24.6 tons)
- Cayman Islands (20.0 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Brazil.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Brazil.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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