Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Morocco - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Morocco (FOB) - 2022
- Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Morocco
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Morocco (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of tinned iron or steels amounted to $376 per ton, rising by 27% against the previous year. In general, the export price saw modest growth. The pace of growth was the most pronounced in 2021 an increase of 70%. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($436 per ton), while the average price for exports to India stood at $371 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+100.6%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Morocco
In 2022, the amount of ferrous waste and scrap; of tinned iron or steels exported from Morocco fell sharply to 2.9K tons, dropping by -18.2% compared with the previous year's figure. Over the period under review, exports showed a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 103%.
In value terms, exports of ferrous waste and scrap; of tinned iron or steels stood at $1.1M in 2022. Overall, exports, however, saw strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 246% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Export of Ferrous Waste and Scrap; of Tinned Iron or Steel in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 144 | 151 | 311 | 988 | 90.0% |
| China | 14.5 | 21.2 | 654 | 105 | 93.5% |
| Pakistan | 732 | 132 | 89.9 | N/A | -65.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 890 | 304 | 1,055 | 1,093 | 7.1% |
Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from Morocco in 2022:
- India (2.7K tons)
- China (0.2K tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Morocco.
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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 Morocco.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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