Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Greece - 2023

Contents:

1. Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Greece (FOB) - 2022
2. Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Greece (CIF) - 2022
3. Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Greece
4. Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Greece

Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Greece (FOB) - 2022

The average export price for ferrous waste and scrap; of tinned iron or steels stood at $632 per ton in 2022, declining by -25.5% against the previous year. Over the period under review, the export price, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2021 an increase of 235%. As a result, the export price attained the peak level of $849 per ton, and then declined sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($633 per ton), while the average price for exports to Bulgaria stood at $243 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+5.0%), 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 Greece (CIF) - 2022

The average import price for ferrous waste and scrap; of tinned iron or steels stood at $466 per ton in 2021, rising by 83% against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 an increase of 1,108%. As a result, import price attained the peak level of $1,698 per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($474 per ton), while the price for Cyprus amounted to $241 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+43.7%), while the prices for the other major suppliers experienced a decline.

Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Greece

After two years of decline, shipments abroad of ferrous waste and scrap; of tinned iron or steels increased by 388% to 6.2K tons in 2022. Over the period under review, exports, however, continue to indicate a noticeable decrease.

In value terms, exports of ferrous waste and scrap; of tinned iron or steels soared to $3.9M in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from Greece in 2022:

1. Turkey (6.2K tons)

Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Greece

In 2021, after two years of growth, there was significant decline in purchases abroad of ferrous waste and scrap; of tinned iron or steels, when their volume decreased by -29.8% to 1.7K tons. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 13,508%. As a result, imports attained the peak of 2.4K tons, and then shrank markedly in the following year.

In value terms, imports of ferrous waste and scrap; of tinned iron or steels soared to $787K in 2021. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 10,817% against the previous year. Over the period under review, imports of reached the maximum in 2021 and are expected to retain growth in the near future.

Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Greece in 2022:

1. France (1634.1 tons)
2. Cyprus (53.3 tons)

Source: IndexBox Market Intelligence Platform