Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Poland - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Poland (FOB) - 2023
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Poland (CIF) - 2023
- Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Poland
- Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Poland
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Poland (FOB) - 2023
In September 2023, the average export price for ferrous waste and scrap; of tinned iron or steels amounted to $409 per ton, dropping by -1.5% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 9.3% month-to-month. The export price peaked at $493 per ton in April 2023; however, from May 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In September 2023, the country with the highest price was Slovakia ($488 per ton), while the average price for exports to Germany ($388 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Poland (CIF) - 2023
The average import price for ferrous waste and scrap; of tinned iron or steels stood at $308 per ton in September 2023, dropping by -23% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 13% against the previous month. Over the period under review, average import prices hit record highs at $407 per ton in May 2023; however, from June 2023 to September 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was the Czech Republic ($399 per ton), while the price for Lithuania stood at $290 per ton.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Ukraine (0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Poland
For the third year in a row, Poland recorded decline in overseas shipments of ferrous waste and scrap; of tinned iron or steels, which decreased by -11.2% to 80K tons in 2022. In general, exports showed a abrupt slump. The smallest decline of -6.7% was in 2021.
In value terms, exports of ferrous waste and scrap; of tinned iron or steels fell to $40M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. As a result, the exports reached the peak of $45M, and then shrank in the following year.
| Export of Ferrous Waste and Scrap; of Tinned Iron or Steel in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 27.4 | 19.8 | 30.8 | 27.8 | 0.5% |
| Austria | 1.3 | 1.6 | 5.3 | 6.0 | 66.5% |
| Slovakia | 3.4 | 2.9 | 5.7 | 4.4 | 9.0% |
| Others | 0.9 | 3.3 | 3.2 | 1.4 | 15.9% |
| Total | 33.1 | 27.7 | 45.0 | 39.5 | 6.1% |
Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from Poland in 2022:
- Germany (57.0K tons)
- Austria (13.1K tons)
- Slovakia (7.6K tons)
Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Poland
In 2022, approx. 3.5K tons of ferrous waste and scrap; of tinned iron or steels were imported into Poland; waning by -81.4% compared with 2021 figures. Overall, imports showed a dramatic descent. The smallest decline of -47.4% was in 2020.
In value terms, imports of ferrous waste and scrap; of tinned iron or steels fell significantly to $1.5M in 2022. In general, imports faced a significant decline. The smallest decline of -8.8% was in 2021.
| Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | 0.3 | 1.2 | 1.5 | 123.6% |
| Germany | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Slovakia | 13.0 | 6.9 | 3.8 | N/A | -45.9% |
| Finland | 0.8 | N/A | N/A | N/A | 0% |
| Czech Republic | 3.3 | 1.0 | 2.4 | N/A | -14.7% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 17.3 | 8.2 | 7.5 | 1.5 | -55.7% |
Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Poland in 2022:
- Lithuania (3376.1 tons)
- Germany (103.6 tons)
- Czech Republic (49.0 tons)
- Slovakia (1.2 tons)
468
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Poland.
692
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
468
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Poland.
692
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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