Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Romania - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Romania (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Romania (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Romania
- Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Romania
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Romania (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of tinned iron or steels amounted to $448 per ton, declining by -2% against the previous year. Over the period under review, the export price continues to indicate a mild setback. The growth pace was the most rapid in 2021 an increase of 53%. The export price peaked at $503 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($797 per ton), while the average price for exports to Italy ($408 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+4.5%), 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 Romania (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of tinned iron or steels amounted to $420 per ton, picking up by 4.6% against the previous year. Overall, the import price continues to indicate a mild increase. The growth pace was the most rapid in 2015 an increase of 158%. As a result, import price attained the peak level of $822 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($424 per ton), while the price for Hungary totaled $334 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+18.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Romania
In 2022, shipments abroad of ferrous waste and scrap; of tinned iron or steels decreased by -16.9% to 34K tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2020 when exports increased by 9.8% against the previous year. As a result, the exports reached the peak of 42K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of ferrous waste and scrap; of tinned iron or steels reduced notably to $15M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 49%. As a result, the exports reached the peak of $19M, and then contracted dramatically in the following year.
| Export of Ferrous Waste and Scrap; of Tinned Iron or Steel in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 8.1 | 9.2 | 9.4 | 10.3 | 8.3% |
| Italy | 0.5 | 1.1 | 4.5 | 2.4 | 68.7% |
| Hungary | 1.0 | 0.7 | 1.2 | 1.2 | 6.3% |
| Poland | 0.1 | 0.1 | 1.3 | 0.8 | 100.0% |
| Croatia | N/A | N/A | 1.5 | N/A | 0% |
| Others | 1.2 | 1.6 | 1.0 | 0.7 | -16.4% |
| Total | 10.8 | 12.7 | 18.9 | 15.4 | 12.6% |
Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from Romania in 2022:
- Bulgaria (23.6K tons)
- Italy (5.8K tons)
- Hungary (2.9K tons)
- Poland (1.1K tons)
- Croatia (0.1K tons)
Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Romania
In 2022, imports of ferrous waste and scrap; of tinned iron or steels into Romania plummeted to 1.7K tons, falling by -80.8% compared with 2021. Over the period under review, imports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year.
In value terms, imports of ferrous waste and scrap; of tinned iron or steels shrank dramatically to $694K in 2022. Overall, imports faced a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 71% against the previous year. As a result, imports attained the peak of $3.5M, and then contracted remarkably in the following year.
| Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 856 | 3.2 | N/A | 640 | -9.2% |
| Hungary | 1,741 | 1,142 | 2,848 | 43.5 | -70.8% |
| Czech Republic | N/A | N/A | 557 | 4.4 | -99.2% |
| Bulgaria | 337 | 192 | 41.2 | N/A | -65.0% |
| Italy | 1.0 | 684 | 5.1 | N/A | 125.8% |
| Others | 28.7 | 0.2 | N/A | 6.0 | -40.6% |
| Total | 2,964 | 2,021 | 3,451 | 694 | -38.4% |
Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Romania in 2022:
- Slovakia (1508.7 tons)
- Hungary (130.1 tons)
- Czech Republic (12.4 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Romania.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
382
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Romania.
681
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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