Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Sweden - 2023
Contents:
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Sweden (FOB) - 2022
- Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Sweden (CIF) - 2022
- Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Sweden
- Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Sweden
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Sweden (FOB) - 2022
In 2022, the average export price for ferrous waste and scrap; of tinned iron or steels amounted to $675 per ton, growing by 10% against the previous year. In general, the export price saw resilient growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 60% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($927 per ton), while the average price for exports to Norway ($586 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 Latvia (+19.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Sweden (CIF) - 2022
In 2022, the average import price for ferrous waste and scrap; of tinned iron or steels amounted to $227 per ton, reducing by -30.1% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 1,152% against the previous year. As a result, import price reached the peak level of $2,124 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($1,101 per ton), while the price for Norway stood at $204 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (-6.9%).
Exports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Sweden
In 2022, exports of ferrous waste and scrap; of tinned iron or steels from Sweden rose markedly to 304 tons, increasing by 7.6% on 2021. Over the period under review, exports posted a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 200%. As a result, the exports reached the peak of 544 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of ferrous waste and scrap; of tinned iron or steels soared to $205K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 382%. As a result, the exports reached the peak of $249K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Ferrous Waste and Scrap; of Tinned Iron or Steel in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | N/A | 16.6 | 110 | 562.7% |
| Austria | N/A | N/A | N/A | 65.6 | 0% |
| Latvia | N/A | N/A | 16.9 | 28.9 | 71.0% |
| India | N/A | 100 | 43.6 | N/A | -56.4% |
| Poland | 17.2 | N/A | N/A | N/A | 0% |
| Denmark | 34.5 | 31.0 | 96.0 | N/A | 66.8% |
| Pakistan | N/A | 117 | N/A | N/A | 0% |
| Others | N/A | 1.4 | N/A | N/A | 0% |
| Total | 51.7 | 249 | 173 | 205 | 58.3% |
Top Export Markets for Ferrous Waste and Scrap; of Tinned Iron or Steel from Sweden in 2022:
- Norway (188.2 tons)
- Austria (70.8 tons)
- Latvia (44.7 tons)
Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Sweden
In 2022, the amount of ferrous waste and scrap; of tinned iron or steels imported into Sweden skyrocketed to 825 tons, picking up by 20% against 2021. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 168%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of ferrous waste and scrap; of tinned iron or steels contracted sharply to $188K in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 388%. As a result, imports reached the peak of $318K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 64.6 | 94.3 | 216 | 165 | 36.7% |
| Mexico | N/A | N/A | N/A | 20.1 | 0% |
| Finland | N/A | 219 | N/A | N/A | 0% |
| Others | 0.5 | 4.0 | 6.8 | 2.8 | 77.6% |
| Total | 65.1 | 318 | 223 | 188 | 42.4% |
Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Sweden in 2022:
- Norway (805.3 tons)
- Mexico (18.3 tons)
406
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Sweden.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
406
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Sweden.
682
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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