Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Peru - 2022

Contents:

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

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

The average import price for ferrous waste and scrap; of tinned iron or steels stood at $389 per ton in 2022, falling by -3.4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 117%. As a result, import price attained the peak level of $891 per ton. From 2020 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 Bolivia.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +9.1% per year.

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

In 2022, the average export price for ferrous waste and scrap; of tinned iron or steels amounted to $357 per ton, growing by 25% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $376 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Bangladesh ($374 per ton) and India ($360 per ton), while the average price for exports to Portugal ($252 per ton) and Guatemala ($357 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (-1.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 2K tons of ferrous waste and scrap; of tinned iron or steels were imported into Peru; with an increase of 102% against the previous year. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,957%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, imports of ferrous waste and scrap; of tinned iron or steels soared to $794K in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 2,013% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. Bolivia (2.0K tons)

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

In 2022, overseas shipments of ferrous waste and scrap; of tinned iron or steels were finally on the rise to reach 2.1K tons after two years of decline. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of ferrous waste and scrap; of tinned iron or steels soared to $750K in 2022. Overall, exports enjoyed a significant expansion. 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 Peru in 2022:

1. India (1696.3 tons)
2. Bangladesh (179.2 tons)
3. Portugal (115.2 tons)
4. Guatemala (86.4 tons)

Source: IndexBox Market Intelligence Platform