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

Contents:

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

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

In 2022, the average import price for ferrous waste and scrap; of tinned iron or steels amounted to $258 per ton, dropping by -32% against the previous year. Over the period under review, the import price, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2018 an increase of 148% against the previous year. As a result, import price reached the peak level of $799 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Honduras.

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +20.9% per year.

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

In 2022, the average export price for ferrous waste and scrap; of tinned iron or steels amounted to $31,111 per ton, rising by 12,244% against the previous year. In general, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Honduras.

From 2012 to 2022, the rate of growth in terms of prices for Honduras amounted to +286.1% per year.

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

In 2022, imports of ferrous waste and scrap; of tinned iron or steels into Guatemala dropped remarkably to 430 tons, declining by -32.2% compared with the year before. Over the period under review, imports faced a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 2,542% against the previous year.

In value terms, imports of ferrous waste and scrap; of tinned iron or steels fell significantly to $111K in 2022. Overall, imports showed a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 5,092% against the previous year.

Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HondurasN/A4.6N/A111391.2%
Costa Rica15.7N/AN/AN/A0%
Nicaragua499N/A240N/A-30.6%
Others5.2N/A0.20.1-73.2%
Total5204.6241111-40.2%

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

  1. Honduras (430.0 tons)

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

In 2022, approx. 360 kg of ferrous waste and scrap; of tinned iron or steels were exported from Guatemala; dropping by -99.9% compared with 2021 figures. Overall, exports showed a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 25,428%. As a result, the exports attained the peak of 549 tons, and then reduced remarkably in the following year.

In value terms, exports of ferrous waste and scrap; of tinned iron or steels shrank significantly to $11K in 2022. In general, exports, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 61,656% against the previous year. As a result, the exports reached the peak of $138K, and then shrank notably in the following year.

Export of Ferrous Waste and Scrap; of Tinned Iron or Steel in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Honduras7.90.235.811.212.3%
Taiwan (Chinese)N/AN/A103N/A0%
OthersN/AN/AN/AN/A0%
Total7.90.213811.212.3%

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

  1. Honduras (360.0 kg)

Source: IndexBox Market Intelligence Platform

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